Fooling some of the people all of the time

I just finished reading "Fooling Some of the People all of the Time", by David Einhorn.  Very informative story about a short position his hedge fund GreenLight Capital took on Allied Capital back in 2002. Underlying the interesting narrative and anecdotes of the specific story, there are much broader themes about the lack of oversight on the part of regulators, government, media, analysts and retail investors, how debt investments can go wrong, and how smart but corrupt management teams and profit from fools.

I recommend the book and some of David's most recent public interviews, like this one with Charlie Rose where he points out that the last crisis was not properly dealt with and a new crisis is now in the making, explains he doesn't buy the efficient market hypothesis (does anybody now?), defends short-selling as a positive force in markets, and talks about how he got into investing because he enjoys solving complex puzzles and difficult problems.