“The only inexplicable aspect of the process was that economic theory (which is, after all, what economics students were supposed to know)… — Michael Lewis Copy Share Image
“And [Thaler] noticed that when he had his fellow economists to dinner, they filled up on cashews, which meant they had less… — Michael Lewis Copy Share Image
“The U.S. stock market was now a class system, rooted in speed, of haves and have-nots. The haves paid for nanoseconds; the… — Michael Lewis Copy Share Image
“It said something about the ability of the free marketplace to mold people’s behavior into a socially acceptable pattern. For this was… — Michael Lewis Copy Share Image
The United States stock market, the most iconic market in global capitalism, is rigged, — Michael Lewis Copy Share Image
“He wondered, often, what it would look like if and when the shit in question hit the fan: The stock market at… — Michael Lewis Copy Share Image
“Did I think I was doing God’s work?” he said later. “No. But I did think market efficiency was something important for… — Michael Lewis Copy Share Image
The institutions at the centre of capitalism are bigger than they've ever been, the pay is much greater, the ability of society… — Michael Lewis Copy Share Image
“The markets in the long run are no doubt driven by fundamental economic laws—if the United States runs a persistent trade deficit,… — Michael Lewis Copy Share Image
“Crucial decisions are made, today as thousands of years ago, in terms of the intuitive guesses and preferences of a few men in positions… — Michael Lewis Copy Share Image
“You saw someone who reminded you of you, and then you looked for the reasons why you liked him. The” — Michael Lewis Copy Share Image
“At other places management says, ‘Well, gee, fellas, do we really want to bet the ranch on this deal?’ Lewie was not only willing… — Michael Lewis Copy Share Image
“BILLY WOULD SAY later that his wife left him because she was unnerved by his intensity—that she could even see it in his hands… — Michael Lewis Copy Share Image
“The great thing about baseball players, from the point of view of personal hygiene, is how seldom they break a sweat.” — Michael Lewis Copy Share Image
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… — Michael Lewis Copy Share Image
“The author refers to a player's affected nonchalance and comments he is, "too young to realize you are what you pretend to be.” — Michael Lewis Copy Share Image
A banking system is an act of faith: it survives only for as long as people believe it will. — Michael Lewis Copy Share Image
Some coaches believed they could judge a player's performance simply by watching it. In this they were deeply mistaken. The naked eye was an… — Michael Lewis Copy Share Image
“No longer were the prices of ordinary mortgage bonds allowed to roam inefficiently, for they were now linked to the CMO market, in much… — Michael Lewis Copy Share Image
“The difference between Strauss and Ranieri?” says one trader still at Salomon. “That’s easy. Strauss wouldn’t stoop to use the men’s room on the… — Michael Lewis Copy Share Image
“The only inexplicable aspect of the process was that economic theory (which is, after all, what economics students were supposed to know) served almost… — Michael Lewis Copy Share Image
![“And [Thaler] noticed that when he had his fellow economists to dinner, they filled up on cashews, which meant they had less appetite for the meal. More to the point, he noticed that they tended to be relieved when he removed the cashew nuts, so they didn't ruin their dinners. "The idea that it…” quote by Michael Lewis](https://sms4smile.com/quotes/img-quotes/c1f/michael-lewis-705_choice_and-thaler-noticed-that-when-he-had-his_228960.jpg)
![“Crucial decisions are made, today as thousands of years ago, in terms of the intuitive guesses and preferences of a few men in positions of authority...[it is] quite likely that the fate of entire societies may be sealed by a series of avoidable mistakes committed by their leaders.” quote by Michael Lewis](https://sms4smile.com/quotes/img-quotes/a59/michael-lewis-705_decision-making_crucial-decisions-are-made-today-as-thou_16888.jpg)
