The Big Short Chapter 5: The Accidental Capitalists of Cornwall Capital
Every chapter of this book introduces a different kind of weirdo who saw the crisis coming. Michael Burry was the data obsessive. Steve Eisman was the loud angry truth-teller. And now we meet Charlie Ledley and Jamie Mai, two guys who started a hedge fund in a friend’s garage in Berkeley, California, with $110,000 in a Schwab account. They called it Cornwall Capital Management. Nobody asked them to do this. Nobody told them they should. They just kind of… did it.