The institutions at the centre of capitalism are bigger than they've ever been, the pay is much greater, the ability of society to get its arms around it is much less. The political clout of the financial class is unbelievable. I'd say the story is darker than when I was there. When I was there it felt like a comedy - and now it feels more like a tragedy.
Michael LewisThe CDO was, in effect, a credit laundering service for the residents of Lower Middle Class America. For Wall Street it was a machine that turned lead into gold.
Michael LewisDon't be deceived by life's outcomes. Life's outcomes, while not entirely random, have a huge amount of luck baked into them.
Michael LewisOne absolutely cannot tell, by watching, the difference between a .300 hitter and a .275 hitter. The difference is one hit every two weeks.
Michael LewisI always find with my stories that the way they start is that I just get so interested in a person that I'm compelled to go back to them over and over until I learn more and more about them, without even quite thinking it's material for a book.
Michael LewisWhat happens when we acknowledge the sovereignty and power of God without trusting in His goodness and faithfulness? A pitcher who saw God's power behind his extremely unlikely rise to the big leagues wondered if, at any difficulty he encountered there, God might be taking his ability away.
Michael Lewis