The Germans made just about every bad investment you could have made in the last 10 years. They invested in Icelandic banks. They invested in Greek government bonds. They were heavy into Irish banks, big into Irish banks, and they bought U.S. subprime mortgage bonds.
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 LewisPeople dislike uncertainty so much that they will impose an order on it even when it doesn't exist.
Michael LewisPeople who think they know what they are talking about when they talk about baseball include the announcers and all of the sports press - no matter how much evidence you present them to the contrary they will continue to think that what they think is right.
Michael Lewis