There must be some connection between his excessively romantic attitude toward computer programming and his appeal to women.
Automated voices and the bells from the row of testing machines in the back. The walls were white cinder block, the floors speckled linoleum. At the front desk were four large black ladies. Leigh Anne...
A thousand people don’t build anything; if you need to build something really complicated really fast, you hire fifty of the smartest people you can find.
Years later he would say that when he'd decided to become a professional baseball player, it was the only time he'd done something just for the money, and that he'd never do something just for the mon...
Why, for example, wasn’t AIG required to reserve capital against them? Why, for that matter, were Moody’s and Standard & Poor’s willing to bless 80 percent of a pool of dicey mortgage loans with the s...
When you’re a conservative Republican, you never think people are making money by ripping other people off,
What people remember about the past, they suggested, is likely to warp their judgment of the future. We often decide that an outcome is extremely unlikely or impossible, because we are unable to imagi...
Walking through the ruins, she saw all over again what she had seen so many times: how much better Americans were at responding to a disaster than preventing it.
To Redelmeier the very idea that there was a great deal of uncertainty in medicine went largely unacknowledged by its authorities. There was a reason for this: To acknowledge uncertainty was to admit...
Those who know don't tell and those who tell don't know.
This was only one of many recent changes along the capitalist food chain. Wall Street had gone from being the celebrities of the money culture to being its lackeys.
This gorgeous financial myopia was common in the Valley, and one of the chief sources of its success.
They end when the career ends,
They actually spent time wondering how people who had been so sensationally right (i.e., they themselves) could preserve the capacity for diffidence and doubt and uncertainty that had enabled them to...
There is nothing more satisfying to me, he said, than to create a complete self-contained world when a computer is controlling it.
The consumer loan piles that Wall Street firms, led by Goldman Sachs, asked AIG FP to insure went from being 2 percent subprime mortgages to being 95 percent subprime mortgages. In a matter of months,...
Pope Benedict XVI was the first to predict the crisis in the global financial system…Italian Finance Minister Giulio Tremonti said. The prediction that an undisciplined economy would collapse by its o...
Knowledge is literally prediction, said Morey. Knowledge is anything that increases your ability to predict the outcome. Literally everything you do you’re trying to predict the right thing. Most peop...
I’d thought it strange, after the financial crisis, in which Goldman had played such an important role, that the only Goldman Sachs employee who had been charged with any sort of crime was the employe...
It was in Las Vegas that Eisman and his associates’ attitude toward the U.S. bond market hardened into something like its final shape. As Vinny put it, That was the moment when we said, ‘Holy shit, th...