Book of the Week: Going Infinite

Long-time readers will remember that I love a book or a podcast about a business disaster, and this week’s BotW pick is indeed a business disaster, but also a very quick turnaround on one of the big financial collapses of recent times.

Michael Lewis is the author of among other things The Big Short and Moneyball, and was working on a book about Sam Bankman Fried as the whole FTX collapse unfolded. And Going Infinite is the result – the story of the rise and fall of the world’s youngest billionaire and the crypto empire he founded. I should probably explain SBF as he’s known shouldn’t I? For a couple of years he was the bright young thing of the financial world – the wunderkid who had left the trading firm he worked for to found a crypto trading firm and then a crypto exchange. All of this made him the poster boy of Crypto and his friendly nerd persona – wild hair, constantly multitasking and playing computer games while doing TV interviews – right up until the point where it all came crashing down and he ended up on trial for fraud.

On the one hand, this has the fact that Lewis was on the scene when the collapse happened and so this is informed by first hand observations and interviews with the players involved. On the other hand, Lewis went into this endeavour expecting to write one thing and ended up with a breaking news story on his hands and clearly got the book out as quickly as possible after it all happened – this came out in the US just as the trial was starting. On the other hand, I’m not sure the whole thing was quite resolved enough that the point it was being written for it to have a strong enough central thesis.

I read this in less than 36 hours – but I have also read a lot of long reads and listened to at least three different podcast series about SBF and FTX so part of the interest for me is seeing how they all compare to each other and how the story is changing and evolving. So i don’t know how this is going to hold up in a year’s time – this paperback has already been added to with an epilogue about the court case – but for now, it’s the most in-depth look at it all that I’ve found.

You can buy Going Infinite on Kindle, Kobo or in paperback – and it should be fairly easy to get hold of as it’s a high profile author on a big, well known scandal/court case.

Happy reading!