The triple of Jeremy Brown's imagination, in reality, is a home run.

The triple of Jeremy Brown's imagination, in reality, is a home run.

Michael Lewis
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Those who say don't know, those who know don't say

Michael Lewis
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Stigmas speak to the idea of difference and how difference shames us and those we know.

Michael Lewis
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I hated discussing ideas with investors," he said, "because I then become a Defender of the Idea, and that influences your thought process." Once you became an idea's defender you had a harder time changing your mind about it.

Michael Lewis
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Holding one's self responsible is a critical feature in stigma and in the generation of shame since violation of standards, rules, and goals are insufficient in its elicitation unless responsibility can be placed on the self. Stigma may differ from other elicitors of shame and guilt, in part because it is a social appearance factor. The degree to which the stigma is socially apparent is the degree to which one must negotiate the issue of blame, not only for one's self but between one's self and the other who is witness to the stigma. Stigmatization is a much more powerful elicitor of shame and guilt in that it requires a negotiation not only between one's self and one's attributions, but between one's self and the attributions of others.

Michael Lewis
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On Wall Street, the lawyers play the same role as medics in war: They come in after the shooting is over to clean up the mess.

Michael Lewis
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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.

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

Michael Lewis
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The lesson of Buffett was: To succeed in a spectacular fashion you had to be spectacularly unusual.

Michael Lewis
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The markets in the long run are no doubt driven by fundamental economic laws—if the United States runs a persistent trade deficit, the dollar will eventually plummet—but in the short run money flows less rationally. Fear and, to a lesser extent, greed are what make money move.

Michael Lewis, Liar's Poker
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The only inexplicable aspect of the process was that economic theory (which is, after all, what economics students were supposed to know) served almost no function in an investment bank. The bankers used economics as a sort of standardized test of general intelligence.

Michael Lewis, Liar's Poker
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