Michael Lewis on knowledge

In the arenas of human ambition, in Hollywood or Silicon Valley, or Washington or Wall Street, there's a knowingness about people.  They don't want to seem like they don't know.  They think that if they don't know, they're going to seem stupid.  And that leads to greater stupidity.

~ Michael Lewis, "Michael Lewis on what he learned by studying the elites," Brief But Spectacular, November 4, 2024

Thomas Donlan on the business of Wall Street

The work of Wall Street often is to introduce people who should not borrow to people who should not lend.

~ Thomas G. Donlan, Barron’s editor