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Michael Lewis Quotes: Wall Street, with its army of brokers, analysts, and advisers funneling trillions of dollars into mutual funds, hedge funds, and private equity funds, is an elaborate fraud.
         

Wall Street, with its army of brokers, analysts, and advisers funneling trillions of dollars into mutual funds, hedge funds, and private equity funds, is an elaborate fraud.


Michael Lewis
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Other quotes of Michael Lewis


Baseball is this intense subculture that actually doesn't speak very much for the larger culture.

Baseball is this intense subculture that actually doesn't speak very much for the larger culture.



The pleasure of rooting for Goliath is that you can expect to win. The pleasure of rooting for David is that, while you don’t know what to expect, you stand at least a chance of being inspired.

The pleasure of rooting for Goliath is that you can expect to win. The pleasure of rooting for David is that, while you don’t know what to expect, you stand at least a chance of being inspired.



As idiotic as optimism can sometimes seem, it has a weird habit of paying off.

As idiotic as optimism can sometimes seem, it has a weird habit of paying off.



When you're trying to create a career as a writer, a little delusional thinking goes a long way.

When you're trying to create a career as a writer, a little delusional thinking goes a long way.



In Japan, mothers insist on achievement and accomplishment as a sign of love and respect. Thus to fail places children in a highly shamed situation.

In Japan, mothers insist on achievement and accomplishment as a sign of love and respect. Thus to fail places children in a highly shamed situation.



A banking system is an act of faith: it survives only for as long as people believe it will.

A banking system is an act of faith: it survives only for as long as people believe it will.



Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation. You owe a debt, and not just to your Gods. You owe a debt to the unlucky.

Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation. You owe a debt, and not just to your Gods. You owe a debt to the unlucky.



A credit default swap was confusing mainly because it wasn't really a swap at all. It was an insurance policy, typically on a corporate bond, with semiannual premium payments and a fixed term.

A credit default swap was confusing mainly because it wasn't really a swap at all. It was an insurance policy, typically on a corporate bond, with semiannual premium payments and a fixed term.



One absolutely cannot tell, by watching, the difference between a .300 hitter and a .275 hitter. The difference is one hit every two weeks.

One absolutely cannot tell, by watching, the difference between a .300 hitter and a .275 hitter. The difference is one hit every two weeks.



People don't like uncertainty, and their minds are tools for making sense of the world, even when the world is senseless.

People don't like uncertainty, and their minds are tools for making sense of the world, even when the world is senseless.





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But for Mozart love is only the litmus test. To determine whether one is truly free or not.

But for Mozart love is only the litmus test. To determine whether one is truly free or not.



You’re talking about gold and silver, cash and securities. I’m talking about the sheer beauty of the land, the value of unpolluted parkland made wild and staying wild forever.

You’re talking about gold and silver, cash and securities. I’m talking about the sheer beauty of the land, the value of unpolluted parkland made wild and staying wild forever.



He that climbs a ladder must begin at the first round.

He that climbs a ladder must begin at the first round.



Conscience is a sacred sanctuary where God alone may enter as judge.

Conscience is a sacred sanctuary where God alone may enter as judge.



When I knocked a guy down, there was no second part to the story.

When I knocked a guy down, there was no second part to the story.



The road that leads to heaven is risky, lonely, and costly in this world, and few are willing to pay the price. Following Jesus involves losing your life-and finding new life in him.

The road that leads to heaven is risky, lonely, and costly in this world, and few are willing to pay the price. Following Jesus involves losing your life-and finding new life in him.



I could never be cynical, not that I think there's anything wrong with cynicism. I think it can be quite funny at times. But I just feel so grateful to be alive.

I could never be cynical, not that I think there's anything wrong with cynicism. I think it can be quite funny at times. But I just feel so grateful to be alive.



I never build myself us. I let the people do that. I'm the most laid-back person, and I let them build me up. If you ask me, I say, 'I''m just a guy playin' some blues.

I never build myself us. I let the people do that. I'm the most laid-back person, and I let them build me up. If you ask me, I say, 'I''m just a guy playin' some blues.



Mozart's music is constantly escaping from its frame, because it cannot be contained in it.

Mozart's music is constantly escaping from its frame, because it cannot be contained in it.



The future belongs to the educated.

The future belongs to the educated.




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This page presents the quote "Wall Street, with its army of brokers, analysts, and advisers funneling trillions of dollars into mutual funds, hedge funds, and private equity funds, is an elaborate fraud.". Author of this quote is Michael Lewis. This quote is about equity, dollars, analysts, brokers, army, wall, fraud, mutual,.