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The world clings to its old mental picture of the stock market because it’s comforting; because it’s so hard to draw a picture of what has replaced i… - Michael Lewis
" "The world clings to its old mental picture of the stock market because it’s comforting; because it’s so hard to draw a picture of what has replaced it; and because the few people able to draw it for you have no interest in doing so.
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About Michael Lewis
Michael Lewis (born October 15, 1960) is an American contemporary non-fiction author and financial journalist. He is currently a contributing editor to Vanity Fair.
Biography information from Wikiquote
Also Known As
Alternative Names:
Michael M. Lewis
•
Michael Monroe Lewis
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Additional quotes by Michael Lewis
Yet another hedge fund manager explained Icelandic banking to me this way: you have a dog, and I have a cat. We agree that each is worth a billion dollars. You sell me the dog for a billion, and I sell you the cat for a billion. Now we are no longer pet owners but Icelandic banks, with a billion dollars in new assets.
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