There are several insights at the heart of the A's system that I think are wonderful for baseball. One, that it's a team game. That no one player is going to make that much of a difference to your team, so for god's sake don't go blow a quarter of your budget on one guy.

-Michael Lewis
Michael Lewis

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.

Michael Lewis
Managers tend to pick a strategy that is the least likely to fail, rather then to pick a strategy that is most efficient," Said Palmer. " The pain of looking bad is worse than the gain of making the best move.
Michael Lewis

Bruce and I both put $50 in a bank account. That's how we started the company.

Michael Lewis
When the last history of high-frequency trading is written, Hunsader, like Joe Saluzzi and Sal Arnuk of Themis Trading, deserves a prominent place in it.
Michael Lewis

He was blessed with an unconventional mind, which overcame his conventional middle-class upbringing.

Michael Lewis
The only thing history teaches us, a wise man once said, is that history doesn’t teach us anything.
Michael Lewis

How to Win With Superior Data Intelligence.

Michael Lewis
Icelandic people are inbred. And they have a sense of themselves as genetically special, and a history of risk-taking because they make their living on the high seas fishing. Assets generally rose in value during this period, and so it looked like they actually knew what they were doing.
Michael Lewis

Those who know don't tell and those who tell don't know.

Michael Lewis
Every form of strength is also a form of weakness,