We aren't natural statisticians. What we are is natural storytelling machines. And so what we do after we have the facts in hand is build a story to explain the facts.
Michael LewisPeople don't like uncertainty, and their minds are tools for making sense of the world, even when the world is senseless.
Michael LewisBaseball has so much history and tradition. You can respect it, or you can exploit it for profit, but it's still being made all over the place, all the time.
Michael LewisThe thing I'm most afraid of is what happens when these people who voted for Donald Trump realize he's not going to do anything for them and that he's not an antidote to what ails them. His whole movement runs on anger, and if it doesn't have anger, it doesn't go anywhere.
Michael LewisYet another hedge fund manager explained Icelandic banking to me this way: you have a dog, and I have a cat. We agree that each is worth a billion dollars. You sell me the dog for a billion, and I sell you the cat for a billion. Now we are no longer pet owners but Icelandic banks, with a billion dollars in new assets.
Michael Lewis