Quotes from Michael Lewis

Someone once said that education was knowing what to do when you don't know," said

If you want to weaken some stereotype, eliminate the classification.

From the snap of the ball to the snap of the first bone is closer to four seconds than to five. and Lawrence Taylor (fearless tackle) WE all have fears, we all have fears!!

If you've got a dozen pitchers, you need to speak 12 different languages.

good science is to see what everyone else can see but think what no one else has ever said.

The line between gambling and investing is artificial and thin. The soundest investment has the defining trait of a bet (you losing all of your money in hopes of making a bit more), and the wildest speculation has the salient characteristic of an investment (you might get your money back with interest). Maybe the best definition of "investing" is "gambling with the odds in your favor.

What are the odds that people will make smart decisions about money if they don't need to make smart decisions—if they can get rich making dumb decisions?

Every form of strength is also a weakness. Pretty girls tend to become insufferable because, being pretty, their faults are too much tolerated. Possessions entrap men, and wealth paralyzes them.

Every form of strength covers one weakness and creates another, and therefore every form of strength is also a form of weakness and every weakness a strength.

My biggest concern is the misuse of science to support policies.

It is sometimes easier to make the world a better place than to prove you have made the world a better place.

When you are a pessimist and the bad thing happens, you live it twice,' Amos liked to say. 'Once when you worry about it, and the second time when it happens.

The nice thing about things that are urgent," he liked to say, "is that if you wait long enough they aren't urgent anymore." "I

The first thing you learn on the trading floor is that when large numbers of people are after the same commodity, be it a stock, a bond, or a job, the commodity quickly becomes overvalued.

Wall Street investment banks are like Las Vegas casinos: They set the odds. The customer who plays zero-sum games against them may win from time to time but never systematically, and never so spectacularly that he bankrupts the casino.

The only thing any of us can do completely on our own is to have the start of a good idea.

foodstuffs absolved of the obligation to provide vitamins and minerals cavorted with reckless abandon.

Charlie and Jamie had always sort of assumed that there was some grown-up in charge of the financial system whom they had never met; now, they saw there was not.

The best way to manage people, he thought, was to convince them that you were good for their careers. He further believed that the only way to get people to believe that you were good for their careers was actually to be good for their careers.

One absolutely cannot tell, by watching, the difference between a .300 hitter and a .275 hitter. The difference is one hit every two weeks.

It is the nature of being the general manager of a baseball team that you have to remain on familiar terms with people you are continually trying to screw.

It is the innovation that never occurs, and the knowledge that is never created, because you have ceased to lay the groundwork for it. It is what you never learned that might have saved you.

It was like a broken slot machine in the casino that pays off every time. It would keep paying off until someone said something about it; but no one who played the slot machine had any interest in pointing out that it was broken.

Baseball is a soap opera that lends itself to probabilistic thinking. [Dick Cramer]