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Michael Lewis Quotes: A thought crossed his mind: How do you make poor people feel wealthy when wages are stagnant? You give them cheap loans.
         

A thought crossed his mind: How do you make poor people feel wealthy when wages are stagnant? You give them cheap loans.


Michael Lewis
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Other quotes of Michael Lewis


Baseball is this intense subculture that actually doesn't speak very much for the larger culture.

Baseball is this intense subculture that actually doesn't speak very much for the larger culture.



The pleasure of rooting for Goliath is that you can expect to win. The pleasure of rooting for David is that, while you don’t know what to expect, you stand at least a chance of being inspired.

The pleasure of rooting for Goliath is that you can expect to win. The pleasure of rooting for David is that, while you don’t know what to expect, you stand at least a chance of being inspired.



As idiotic as optimism can sometimes seem, it has a weird habit of paying off.

As idiotic as optimism can sometimes seem, it has a weird habit of paying off.



When you're trying to create a career as a writer, a little delusional thinking goes a long way.

When you're trying to create a career as a writer, a little delusional thinking goes a long way.



In Japan, mothers insist on achievement and accomplishment as a sign of love and respect. Thus to fail places children in a highly shamed situation.

In Japan, mothers insist on achievement and accomplishment as a sign of love and respect. Thus to fail places children in a highly shamed situation.



A banking system is an act of faith: it survives only for as long as people believe it will.

A banking system is an act of faith: it survives only for as long as people believe it will.



Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation. You owe a debt, and not just to your Gods. You owe a debt to the unlucky.

Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation. You owe a debt, and not just to your Gods. You owe a debt to the unlucky.



A credit default swap was confusing mainly because it wasn't really a swap at all. It was an insurance policy, typically on a corporate bond, with semiannual premium payments and a fixed term.

A credit default swap was confusing mainly because it wasn't really a swap at all. It was an insurance policy, typically on a corporate bond, with semiannual premium payments and a fixed term.



One absolutely cannot tell, by watching, the difference between a .300 hitter and a .275 hitter. The difference is one hit every two weeks.

One absolutely cannot tell, by watching, the difference between a .300 hitter and a .275 hitter. The difference is one hit every two weeks.



People don't like uncertainty, and their minds are tools for making sense of the world, even when the world is senseless.

People don't like uncertainty, and their minds are tools for making sense of the world, even when the world is senseless.





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Kids never jumped head first from the top ledge. Never. It seemed forever beforeStoney came back to the surface. Most of the white bubbles had already disappeared.

Kids never jumped head first from the top ledge. Never. It seemed forever beforeStoney came back to the surface. Most of the white bubbles had already disappeared.



A small group of thoughtful people could change the world. Indeed, it's the only thing that ever has.

A small group of thoughtful people could change the world. Indeed, it's the only thing that ever has.



Truth needs not flowers of speech.

Truth needs not flowers of speech.



I spent most of my time thinking, because I didn't have enough energy to do anything else.

I spent most of my time thinking, because I didn't have enough energy to do anything else.



If there's a God in heaven, what's he waiting for? If He can't hear the children, then he must see the war.

If there's a God in heaven, what's he waiting for? If He can't hear the children, then he must see the war.



The memoir by women, read by female readers, is considered a market form, not "great literature."

The memoir by women, read by female readers, is considered a market form, not "great literature."



My continued incarceration has served some good purposes. My defense committee has served as a training ground for other organizers in their defense of freedom and justice.

My continued incarceration has served some good purposes. My defense committee has served as a training ground for other organizers in their defense of freedom and justice.



My biggest motivation? Just to keep challenging myself. I see life almost like one long University education that I never had - everyday I'm learning something new.

My biggest motivation? Just to keep challenging myself. I see life almost like one long University education that I never had - everyday I'm learning something new.



What you want to be defines what you become.

What you want to be defines what you become.



I've had the same barber since I was about 14 years old.

I've had the same barber since I was about 14 years old.




Quote Description


This page presents the quote "A thought crossed his mind: How do you make poor people feel wealthy when wages are stagnant? You give them cheap loans.". Author of this quote is Michael Lewis. This quote is about poor people, wages, people, wealthy, mind, giving, stagnant,.