16 September, 2013

How I failed - O'Reilly Radar

How I failed - O'Reilly Radar: There’s a great moment in a Michael Lewis interview that I heard recently on NPR. (Unfortunately, I don’t have a specific link.) Why, Lewis was asked, would anyone in the financial industry talk to him for his book The Big Short after the devastating picture of Wall Street he’d painted in his first book, Liar’s Poker, nearly 20 years earlier? You have to understand, Lewis replied (more or less), that many of those people got into the financial industry after reading his book. Their big takeaway was how easy it was to make a lot of money without regard to the niceties of creating much value. He finished with the memorable line, “You never know what book you wrote until you know what book people read.”