Posts Tagged ‘Michael Lewis’

  • Fast and Slow Stock Market Trading

    Fast and Slow Stock Markets

    Apr 5, 14 • 327 Views • No Comments

    Goldman Sachs is asking $30 million for a firm that, 14 years ago, it purchased for $6500 million ($6.5 billion). The story (sort of) starts 222 years ago. Wall Street was where our first Congress met, where Alexander Hamilton lived (several blocks from Aaron...  [read more]

  • Decisions Have An Opportunity Cost That Require Tradeoffs

    Presidential “Choice Fatigue”

    Sep 16, 12 • 422 Views • No Comments

    President Obama says he wears only gray or blue suits. As for meals, he prefers having others decide what he will eat. The reason? “Choice fatigue.” Knowing that decision-making requires energy, the President told writer Michael Lewis that he...  [read more]

  • The US is again hitting its debt ceiling.

    Some Greek Math

    Aug 24, 12 • 294 Views • No Comments

    With a euro zone update on Greece unfolding (they might lease some islands but we’ll get to that in a moment), here is some Greek math that Michael Lewis presents in Boomerang. Referring to the deficit, during October 2009, the Greek government thought...  [read more]

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    Michael Lewis and the Extra Cookie

    Jun 27, 12 • 297 Views • No Comments

    During his 2012 Princeton Baccalaureate Address, financial writer Michael Lewis describes a college psychology experiment in which students were divided into teams, each composed of 3 people with a randomly assigned a leader. Given a social problem like...  [read more]

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    Greek (Debt) Myths

    Jan 26, 12 • 308 Views • No Comments

    Maybe sell some islands and an ancient ruin or two? In Boomerang, Blind Side author Michael Lewis repeats what German politicians were suggesting in 2009 when they heard that the Greek debt was much larger than previous estimates. How much bigger? No one was...  [read more]