By Brett Papworth “The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man, if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him.” Leo Tolstoy, 1897. These are the very first words in the book “The Big Short”, a true story by Michael Lewis. I strongly encourage you to read it. It is a cracking read and if I could only read the work of one man for the rest of my life, it would be his (sorry Fitz). You may have seen the movie, but the book will rock you with the details of the biggest credit bubble of all time, and the smart people on Wall Street earning millions who knew, or should have known, what was about to happen, and the even smarter people who took advantage and made billions. It is a story about people making huge bets with other people’s money, and the serious mismanagement of some of t