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

You want the book to be special, and they are not always going to be special, but at least you want that to be the ambition. So the only way that happens is if you are not pressing to write a book.

Michael Lewis
Some coaches believed they could judge a player's performance simply by watching it. In this they were deeply mistaken. The naked eye was an inadequate tool for learning what you needed to know to evaluate baseball players and baseball games. Think about it. One absolutely cannot tell, by watching, the difference between a .300 hitter and a .275 hitter. The difference is one hit every two weeks. The difference between a good hitter and an average hitter is simply not visible-it is a matter of record
Michael Lewis

Wall Street is not being made a scapegoat for this crisis: they really did this.

Michael Lewis
The vicious cycle that is bringing down European states is not going to hit USA, at least not for a while, at the level of the federal government. The same cannot be said of state and local governments.
Michael Lewis

Don't be deceived by life's outcomes. Life's outcomes, while not entirely random, have a huge amount of luck baked into them.

Michael Lewis
The longer-term the option, the sillier the results generated by the Black-Scholes option pricing model, and the greater the opportunity for people who didn't use it.
Michael Lewis

We probably won't need a rate rise now until September,

Michael Lewis
Although there may be no intervention to overcome the deficits associated with severe medical complications at birth, there is room for improvement in the social environment.
Michael Lewis

If you had to point to one thing that made it less likely that the Red Sox would win the World Series, I would say it was those people that go to Fenway Park to watch the games. And then the media around it.

Michael Lewis
There used to be this guy called Vinny who worked on the floor of the stock exchange, said one big investor who had observed the market for a long time. After the markets closed Vinny would get into his Cadillac and drive out to his big house in Long Island. Now there is the guy called Vladimir who gets into his jet and flies to his estate in Aspen for the weekend. I used to worry a little about Vinny. Now I worry a lot about Vladimir