--- title: "Meaning & Key Takeaway of: How could anyone be so stupid as to trust…" description: "\"“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...." image: "https://sms4smile.com/quotes/i/9a0/michael-lewis-705_first-time_how-could-anyone-be-so-stupid-as-to-trus_833123.png" --- # How could anyone be so stupid as to trust a trader? The… ![“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.” quote by Michael Lewis](https://sms4smile.com/quotes/i/9a0/michael-lewis-705_first-time_how-could-anyone-be-so-stupid-as-to-trus_833123.png) [Download](https://sms4smile.com/quotes/i/9a0/michael-lewis-705_first-time_how-could-anyone-be-so-stupid-as-to-trus_833123.png) [Open image](https://sms4smile.com/quotes/i/9a0/michael-lewis-705_first-time_how-could-anyone-be-so-stupid-as-to-trus_833123.png) > ““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.”” [Michael Lewis](https://sms4smile.com/quotes/author/michael-lewis/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. 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? 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