Michael Lewis
Michael Lewis
Michael Monroe Lewisis an American non-fiction author and financial journalist. His bestselling books include Liar's Poker, The New New Thing, Moneyball: The Art of Winning an Unfair Game, The Blind Side: Evolution of a Game, Panic, Home Game: An Accidental Guide to Fatherhood, The Big Short: Inside the Doomsday Machine, and Boomerang: Travels in the New Third World. He has also been a contributing editor to Vanity Fair since 2009. His most recent book, Flash Boys, which looked at the...
NationalityAmerican
ProfessionNovelist
Date of Birth15 October 1960
CityNew Orleans, LA
CountryUnited States of America
There are enough books in the world. You want to write the ones that are good. The minute you write books because you need the income not because you think you have a good subject, you should just stop. There are sixty thousand books published in this country every year, and most of them are crap.
Looking into it a bit, Jamie found that the model used by Wall Street to price LEAPs, the Black-Scholes option pricing model, made some strange assumptions.
You're teaching residents out there. At the same time, we estimate that we will be providing dental services to tens of thousands of people every year.
I think we were a little better at the end. We just ran out of time. We just got beat.
In terms of transportation, Jerry Kilgore had a plan,
The Oakland clubhouse is a wonderful place. A lot of these guys feel like rejects. They were rejects and they feel - they can tell you how baseball screwed up.
Market deficits will sustain upside price moves through 2007. Zinc is catching up -- it was the laggard.
The bottom line is we are committed to fulfilling everything we agreed to do. People need to recognize there are budget limitations, and we need to be prudent about how we spend our money.
The Irish turned in on themselves and bid up their own land prices in the most extraordinary ways. The Irish people stepped in and guaranteed the banks, and committed to repay sums they can't afford to repay, and essentially committed themselves to generations of suffering.
The Moulin Rouge is, like the West Village and the Nasdaq, one of those places that people who don't like to take risks come to for the thrill of being on the spot where risks once were taken.
Why isn't someone smarter than us doing this?
Here was a strange but true fact: The closer you were to the market, the harder it was to perceive its folly.
What 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.
The model used by Wall Street to price trillions of dollar's worth of derivatives thought of the financial world as an orderly, continuous process. But the world was not continuous; it changed discontinuously, and often by accident.