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 looking bad is worse than the gain of making the best move.
Michael LewisA banking system is an act of faith: it survives only for as long as people believe it will.
Michael LewisWhen you're trying to create a career as a writer, a little delusional thinking goes a long way.
Michael LewisAt SGI board meetings... Jim Clark's face would get red and he'd start shouting that an investor and board member had cheated him and his engineers.
Michael Lewis