Wall Street, with its army of brokers, analysts, and advisers funneling trillions of dollars into mutual funds, hedge funds, and private equity funds, is an elaborate fraud.
There's something bad in everything good and something good in everything bad. - Michael Lewis
There's something bad in everything good and something good in everything bad.
- Michael Lewis
People don't like uncertainty, and their minds are tools for making sense of the world, even when the world is senseless. - Michael Lewis
People don't like uncertainty, and their minds are tools for making sense of the world, even when the world is senseless.
A banking system is an act of faith: it survives only for as long as people believe it will. - Michael Lewis
A banking system is an act of faith: it survives only for as long as people believe it will.
We change for the good so long as good exists around us. - Michael Lewis
We change for the good so long as good exists around us.
If you’ve got a dozen pitchers, you need to speak 12 different languages. - Michael Lewis
If you’ve got a dozen pitchers, you need to speak 12 different languages.
Managers tend to pick a strategy that is the least likely to fail, rather then to pick a strategy that is most efficient," Said Palmer. " The pain of… - Michael Lewis
Managers tend to pick a strategy that is the least likely to fail, rather then to pick a strategy that is most efficient," Said Palmer. " The pain of…
A vast industry of stockbrokers, financial planners, and investment advisers skims a fortune for themselves off the top in exchange for passing their… - Michael Lewis
A vast industry of stockbrokers, financial planners, and investment advisers skims a fortune for themselves off the top in exchange for passing their…
When something happens people didn't predict, they find ways to explain it as if it were predictable. - Michael Lewis
When something happens people didn't predict, they find ways to explain it as if it were predictable.
As idiotic as optimism can sometimes seem, it has a weird habit of paying off. - Michael Lewis
As idiotic as optimism can sometimes seem, it has a weird habit of paying off.
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