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Going Infinite

The Rise and Fall of a New Tycoon
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( 27,600 ratings, 2,327 reviews)
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Going Infinite by Michael Lewis delves into the life of Sam Bankman-Fried, the controversial founder of the cryptocurrency exchange FTX. The narrative explores his meteoric rise in the crypto world, his innovative yet risky financial strategies, and the ethical quandaries he faces. It offers an engaging insight into the volatile world of cryptocurrency through the lens of a complex character.
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book may appeal to you if you're fascinated by the complexities and drama of the financial world, enjoy in-depth character studies, and appreciate insightful storytelling that unravels the intricacies of high-stakes trading and market manipulation.

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Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

From the #1 bestselling author of The Big Short and Flash Boys, comes the high-octane story of the enigmatic figure at the heart of one of the 21st century's most spectacular financial collapses.

'I asked him how much it would take for him to sell FTX and go do something other than make money. He thought the question over. "One hundred and fifty billion dollars," he finally saidβ€”though he added that he had use for "infinity dollars"...'

Sam Bankman-Fried wasn't just rich. Before he turned thirty, he'd become the world's youngest billionaire, making a record fortune in the crypto frenzy. CEOs, celebrities, and world leaders vied for his time. At one point, he considered paying off the entire national debt of the Bahamas so he could take his business there.

Then it all fell apart.

Who was this Gatsby of the crypto world, a rumpled guy in cargo shorts, whose eyes twitched across TV interviews as he played video games on the side, whom even his million-dollar investors still found a mystery? What gave him such an extraordinary ability to make moneyβ€”and how did his empire collapse so spectacularly?

Michael Lewis was there when it happened, having got to know Bankman-Fried during his epic rise. In Going Infinite, he tells us a story like no other, taking us through the mind-bending trajectory of a character who never liked the rules and was allowed to live by his own. Both a psychological portrait of a preternaturally gifted 'thinking machine', and a wild financial roller-coaster ride, this is a twenty-first-century epic of high-frequency trading and even higher stakes, of crypto mania and insane amounts of money, of hubris and downfall. No one could tell it better.

Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Going Infinite receives high praise for its readability and Lewis's ability to make complex topics engaging. Critics highlight the book's humour, pacing, and detailed portrayal of Sam Bankman-Fried's rise and the collapse of FTX. The book is described as entertaining yet tragic, with Lewis's storytelling and eye for detail being highly commended.

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Book Details

INFORMATION

ISBN: 9780241651117

Publisher: Penguin Books Ltd

Format: Hardback

Date Published: 03 October 2023

Country: United Kingdom

Imprint: Allen Lane

Audience: General / adult, Tertiary education, Professional and scholarly

DIMENSIONS

Spine width: 32.0mm

Width: 162.0mm

Height: 236.0mm

Weight: 460g

Pages: 272

About the Author

Michael Lewis's global bestselling books lift the lid on the biggest stories of our times. They include Flash Boys, a game-changing expose of high-speed scamming; The Big Short, which was made into a hit Oscar-winning film; Liar's Poker, the book that defined the excesses of the 1980s; and, most recently, The Fifth Risk, revealing what happens when democracy unravels. Michael Lewis was born in New Orleans and educated at Princeton University and the London School of Economics.

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