That's what happens when you're thirty-seven years old: you do the things you always did but the result is somehow different.
Michael LewisRead
Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation. You owe a debt, and not just to your Gods. You owe a debt to the unlucky.
Interpretation
What this quote means
Success often involves a degree of luck, and with that luck comes a responsibility to help those who are less fortunate.
In this quote, Michael Lewis emphasizes that success is not solely the result of personal effort or talent, but also heavily influenced by luck. This implies that those who achieve success have an obligation to support and uplift others who may not have had the same fortunate circumstances, recognizing the interconnected nature of society where privilege can be a result of random chance.
Themes
SuccessLuckObligationDebtResponsibility
In practice
Example use cases
During a charity event discussing the importance of giving back to the community.
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All quotes →People in both fields operate with beliefs and biases. To the extent you can eliminate both and replace them with data, you gain a clear advantage.
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Commitment, by its nature, frees us from ourselves and, while it stands us in opposition to some, it joins us with others similarly committed. Commitment moves us from the mirror trap of the self absorbed with the self to the freedom of a community of shared values.
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The men on the trading floor may not have been to school, but they have Ph.D.’s in man’s ignorance.
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A banking system is an act of faith: it survives only for as long as people believe it will.
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That was how a Salomon bond trader thought: He forgot whatever it was that he wanted to do for a minute and put his finger on the pulse of the market. If the market felt fidgety, if people were scared or desperate, he herded them like sheep into a corner, then made them pay for their uncertainty. He sat on the market until it puked gold coins. Then he worried about what he wanted to do.
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