The world clings to its old mental picture of the stock market because itโs comforting; because itโs so hard to draw a picture of what has replaced it; and because the few people able to draw it for you have no interest in doing so.
Michael LewisThe vicious cycle that is bringing down European states is not going to hit us [the USA], at least not for a while, at the level of the federal government. The same cannot be said of state and local governments.
Michael LewisWhy pay $20 million to Harrison Ford? I dont 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.
Michael LewisThere are several insights at the heart of the Aโs system that I think are wonderful for baseball. One, that itโs a team game. That no one player is going to make that much of a difference to your team, so for godโs sake donโt go blow a quarter of your budget on one guy.
Michael Lewis