Silver as an investment

Category Archives: Michael Lewis

Michael Lewis Reveals His New “Big Short”

When the award-winning author of “The Big Short,” “The Blind Side” and “Moneyball,” stopped by Yahoo Finance yesterday to discuss his latest book, “The Undoing Project,” he was predictably asked for his next “Big Short” idea.  And, after downplaying the value of his opinion, and those of everyone else for that matter, Lewis offered up […]

Ex-Soros Trader Sued For Viciously Abusing Women In “Manhattan Sex Dungeon”

Out of all the stories of harassment, abuse and victimization of women that have emerged since the Harvey Weinstein scandal broke last month, this one is possibly the most bizarre, and – if accurate – repugnant. To wit, the New York Post reported Friday that a former portfolio manager at Soros Fund Management, the firm […]

The Crash Of ’87 Remembered: “It Was Clear The Acapulco Cliff-Dive Was On For Monday”

“The markets in a panic are like a country during a coup, and seen in retrospect that is how they were that day,” wrote a young Salomon bond salesmena named Michael Lewis, of the chaos he witnessed. “One small group of people with its old, established way of looking at the world is hustled from […]

Weekend Reading: $7 Trillion To Manipulate Prices

Authoreed by Lance Roberts via RealInvestmentAdvice.com, As the stock market continues to press new highs, the level of optimism climbs with it. I discussed yesterday Richard Thaler’s, a recent recipient of the Nobel Price in Economics, comments about not understanding the current “irrationality of investors relating to their investing behavior.” What is interesting is that […]

The Secret History Of The Banking Crisis

Authored by Adam Tooze via ProspectMagazine.co.uk, Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be propped up for? It is a decade since the first tremors of what would become the Great Financial Crisis began to […]

Getting Rich Is Largely About Luck (Just Don’t Tell The Wealthy)

Via The Conversation, The UK suffers from the highest levels of income inequality in Europe – partly because of the delusions of its rich. In countries where the rich have less, they tend to be less delusional, about themselves, about other people, about what is possible, and about why some become rich. In the UK, […]

Steve ‘Big Short’ Eisman: Smart, Lucky, Abrasive (& Now One Of Them)

Authored by Jim Quinn via The Burning Platform blog, I loved Michael Lewis’ book – The Big Short – about the 2008 Wall Street created global financial catastrophe, that is still impacting the little guys on Main Street eight years after it was supposedly resolved by Paulson, Bernanke and Obama. I even wrote an article […]

ECB Blatantly Exposes Central Bankers Market Perversion

Authored by Mark St.Cyr, There was a time not all that long ago (circa 2009) when the markets were still gyrating wildly after the initial shocks of the ’08 collapse. It was during those gyrations that there was a very perceptible, heavy, and “hidden hand” making itself ever-present. This “hidden hand” came in only on […]

“You Are Here”

Submitted by Jim Quinn via The Burning Platform blog, “The next Fourth Turning is due to begin shortly after the new millennium, midway through the Oh-Oh decade. Around the year 2005, a sudden spark will catalyze a Crisis mood. Remnants of the old social order will disintegrate. Political and economic trust will implode. Real hardship […]

Federal Reserve Reading List? Michael Lewis Will Tackle Human Irrationality In New Book

Michael Lewis, the author of books such as "Flash Boys", "The Big Short", and "Moneyball" is set to come out with his latest work in December. In "The Undoing Project: A Friendship That Changed Our Minds", Lewis sets out to answer the question of why people aren't as data driven as Billy Beane, the Oakland […]