We are most often rewarded for punishing others, and punished for rewarding.
With every stroke of their keyboards they hacked a path through the forest that others would be required to follow.
This was yet another consequence of turning Wall Street partnerships into public corporations: It turned them into objects of speculation. It was no longer the social and economic relevance of a bank...
Then came the so-called flash crash. At 2:45 on May 6, 2010, for no obvious reason, the market fell six hundred points in a few minutes. A few minutes later, like a drunk trying to pretend he hadn’t j...
The way the creative process works is that .you first say something, and later, sometimes years later, you understand what you said.
The upper classes of this country raped this country. You fucked people. You built a castle to rip people off. Not once in all these years have I come across a person inside a big Wall Street firm who...
The subprime mortgage machine was up and running again, as if it had never broken down in the first place. If the first act of subprime lending had been freaky, this second act was terrifying. Thirty...
The guy walks around with a banana in his ear. And people are like, ‘Why do you have a banana in your ear?’ He says, ‘To keep the alligators away! There are no alligators! See?
The entire health industry lies about what things cost to make, she said. I know what things cost because I made them.
The best way to manage people, he thought, was to convince them that you were good for their careers. He further believed that the only way to get people to believe that you were good for their career...
TWO THINGS STRIKE every Irish person when he comes to America, Irish friends tell me: the vastness of the country, and the seemingly endless desire of its people to talk about their personal problems....
People often work hard to obtain information they already have
No matter how successful you are, change is always good. There can never be a status quo. When you have no money you can’t afford long-term solutions, only short-term ones. You have to always be upgra...
Managers tend to pick a strategy that is the least likely to fail, rather then to pick a strategy that is most efficient, Said Palmer. The pain of looking bad is worse than the gain of making the bes...
It’s hard to know how people select a course in life, Amos said. The big choices we make are practically random. The small choices probably tell us more about who we are. Which field we go into may de...
Inside every alienated hacker who thinks he stands for the good things that ultimately don’t matter to most businesses there is a tycoon struggling to get out.
If it doesn’t happen, it never was going to happen. If you never did it, it wasn’t there to begin with.
He wore the same shorts and t-shirts to work for days on end. He refused to wear shoes with laces. He refused to wear watches or even his wedding ring. To calm himself at work he often blared heavy me...
He had little patience for the mystical, spiritual approach of computer programming.
He further believed that the only way to get people to believe that you were good for their careers was actually to be good for their careers.