Warren Buffett is fond of saying that any player unaware of the fool in the market probably is the fool in the market.
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 LewisThe men on the trading floor may not have been to school, but they have Ph.D.โs in manโs ignorance.
Michael LewisEvery form of strength is also a form of weakness,โ he once wrote. โPretty girls tend to become insufferable because, being pretty, their faults are too much tolerated. Possessions entrap men, and wealth paralyzes them. I learned to write because I am one of those people who somehow cannot manage the common communications of smiles and gestures, but must use words to get across things that other people would never need to say.
Michael Lewis