First time Quote by Michael Lewis
““How could anyone be so stupid as to trust a trader? The best thing I could do was pretend to others at Salomon that I had meant to screw the customer. People would respect that. That was called jamming. I had just jammed bonds, albeit unknowingly, for the first time. I had lost my innocence.””
About This Quote
Source Book: Liar's Poker by Michael Lewis, 1989
The speaker reflects on naive trust in financial markets, realizing his own complicity in harmful practices and loss of innocence.
In simple terms: Realizing the harm in trusting deceitful traders and losing innocence.
Key Takeaway
Beware blind trust in finance.
Themes
trust
innocence
financial ethics
deception
personal growth
Mood
cautious
reflective
Type
cautionary
reflective
When to use this quote
- investment banking
- career decisions
- personal reflection
Key Concepts
market manipulation
moral awakening
ethical dilemmas
Questions to Reflect On
- How have you questioned trust in your profession?
- What steps can you take to protect ethical integrity?
A Different Perspective
Trust is often exploited in high‑stakes markets.
![“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)
