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Wall Street Is Not Being Made A Scapegoat For This Crisis: They Really Did This.
-Michael Lewis
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Wall Street Is Not Being Made A
Michael Lewis
Wall Street Is Not Being Made A Scapegoat For This Crisis: They Really Did This.
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I Always Find With My Stories That The Way They Start Is That I Just Get So Interested In A Person That I'm Compelled To Go Back To Them Over And Over Until I Learn More And More About Them, Without Even Quite Thinking It's Material For A Book.
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Wall Street Is Not Being Made A Scapegoat For This Crisis: They Really Did This.
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People Really Don't Like To Hear Success Explained Away As Luck — Especially Successful People. As They Age, And Succeed, People Feel Their Success Was Somehow Inevitable. They Don't Want To Acknowledge The Role Played By Accident In Their Lives. There Is A Reason For This: The World Does Not Want To Acknowledge It Either. If You Use Better Data, You Can Find Better Values; There Are Always Market Inefficiencies To Exploit, And So On. But It Has A Broader And Less Practical Message: Don't Be Deceived By Life's Outcomes. Life's Outcomes, While Not Entirely Random, Have A Huge Amount Of Luck Baked Into Them. Above All, Recognize That If You Have Had Success, You Have Also Had Luck — And With Luck Comes Obligation.
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