Subject: Before the Crash

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Tavakoli Structured Finance LLC
Allow me to issue and control a nation’s money, and I care not who makes the laws.”
Mayer Amschel Rothschild
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Free on Kindle through September 7, 2022

What Would You Be Willing to Do for Money and Power?

"Merrill debauchery only begins this woman's tale. 'Neither Bill nor I believed Calvi committed suicide,' Tavakoli writes. 'Bill joked that he'd never hang himself. It was too gruesome.'"
Bloomberg News


3rd Edition

Released February 23, 2022

"Tavakoli's research work has been endorsed by, for example, the late Nobel prize winner, Merton Miller, and the "Big Short" hedge fund manager, Michael Burry."
Intelligent Commodity Investing




Via Reddit: Reconstructing Burry's Research Process


From FCIC staff audiotape of interview with Michael Burry, Cornwall Capital[between timestamps 1:36:20 and 1:38:40]:

" ... It was a dark market. I was onto WorldCom pretty early and they went from investment grade to bankrupt overnight ... I wondered why I didn't make more money on this ... it hit me that's the way to short companies ... and I noted there was a lot of these highly rated super leveraged companies where you could buy credit default swaps ... and so I bought books ... Janet Tavakoli's 1998 book, and that was the first book I read ... I didn't take all those equations and apply them ... but I got the basics of the market from that."
“Off the Grid”
 
You may enjoy Representative Thomas Massie’s 30 minute documentary “Off the Grid” about his self-sustaining farm in Kentucky and his brief explanation of how he got involved in Congress. You may wish to independently look up his background: two degrees from MIT, venture capitalist, inventor, and more.
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