The idea that it's smart to allow Wall Street firms, with this "too big to fail" imprimatur, to become hedge funds again - it's unconscionable. You're essentially saying we're going to take some elites in our society and let them roll the bones in the marketplace, and if it works out they get rich, and if it doesn't work out the taxpayer comes in again. That seems absolutely crazy to me. That seems to be where they're headed. I mean, maybe they're not and I'm wrong. Maybe they'll do sensible things. It's hard to know! There doesn't seem to be a plan.
Michael LewisGirls tend to attribute their failures to factors such as lack of ability, while boys tend to attribute failure to specific factors, including teachers' attitudes. Moreover, girls avoid situations in which failure is likely, whereas boys approach such situations as a challenge, indicating that failure differentially affects self-esteem.
Michael LewisYou can anchor the mind into answering a question a certain way by giving them a totally unrelated piece of information dropped before.
Michael LewisAbove all, recognize that if you have had success, you have also had luck โ and with luck comes obligation. You owe a debt, and not just to your Gods. You owe a debt to the unlucky.
Michael Lewis