There was but one question he left unasked, and it vibrated between his lines: if gross miscalculations of a person's value could occur on a baseball field, before a live audience of thirty thousand, and a television audience of millions more, what did that say about the measurement of performance in other lines of work? If professional baseball players could be over- or under valued, who couldn't?
Michael Lewisthe lesson of Buffett was: To succeed in a spectacular fashion you had to be spectacularly unusual.
Michael LewisWhat are the odds that people will make smart decisions about money if they don't need to make smart decisions--if they can get rich making dumb decisions? The incentives on Wall Street were all wrong; they're still all wrong.
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 LewisThe sports world is an echo chamber. All it takes is one quote from a general manager and a thousand sports columns bloom.
Michael Lewis