Michael Lewis
Michael Lewis
Michael Monroe Lewisis an American non-fiction author and financial journalist. His bestselling books include Liar's Poker, The New New Thing, Moneyball: The Art of Winning an Unfair Game, The Blind Side: Evolution of a Game, Panic, Home Game: An Accidental Guide to Fatherhood, The Big Short: Inside the Doomsday Machine, and Boomerang: Travels in the New Third World. He has also been a contributing editor to Vanity Fair since 2009. His most recent book, Flash Boys, which looked at the...
NationalityAmerican
ProfessionNovelist
Date of Birth15 October 1960
CityNew Orleans, LA
CountryUnited States of America
The inability to envision a certain kind of person doing a certain kind of thing because you've never seen someone who looks like him do it before is not just a vice. It's a luxury. What begins as a failure of the imagination ends as a market inefficiency: when you rule out an entire class of people from doing a job simply by their appearance, you are less likely to find the best person for the job.
The institutions at the centre of capitalism are bigger than they've ever been, the pay is much greater, the ability of society to get its arms around it is much less. The political clout of the financial class is unbelievable. I'd say the story is darker than when I was there. When I was there it felt like a comedy - and now it feels more like a tragedy.
He was blessed with an unconventional mind, which overcame his conventional middle-class upbringing.
The CDO was, in effect, a credit laundering service for the residents of Lower Middle Class America. For Wall Street it was a machine that turned lead into gold.
Why pay $20 million to Harrison Ford? I don't even understand that. They think they have to do it... If someone puts a price on himself, that suggests he is irreplaceable, then he better find somewhere else to work.
You have two great defensive teams out here tonight and we wanted to come out here and show them that we are one of the best defensive teams in the league,
We are expecting new money to come in.
Bruce and I both put $50 in a bank account. That's how we started the company.
One reason we've seen a decline in the past few years is that going to the movies isn't as special as it used to be. People have big screens and good sound at home. Why would they leave if you don't offer more than that?
But there was no player on whom his mind naturally fixed. The only person in the organization whose riddance would make him happier was his manager, Art Howe. It wasn't long before he had a novel idea: trade Art.
There are enough books in the world. You want to write the ones that are good. The minute you write books because you need the income not because you think you have a good subject, you should just stop. There are sixty thousand books published in this country every year, and most of them are crap.
I think we were a little better at the end. We just ran out of time. We just got beat.
The A's are held to the standard of the Yankees in a funny kind of way. That if they don't win the World Series it is regarded as a failure.
Market deficits will sustain upside price moves through 2007. Zinc is catching up -- it was the laggard.