Michael Lewis Quotes

“People in both fields operate with beliefs and biases. To the extent you can eliminate both and replace them with data, you gain a clear advantage.”

“What happens when we acknowledge the sovereignty and power of God without trusting in His goodness and faithfulness? A pitcher who saw God’s power behind his extremely unlikely rise to the big leagues wondered if, at any difficulty he encountered there, God might be taking his ability away.”

“if you challenge the conventional wisdom, you will find ways to do things much better than they are currently done.”

“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.”

“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 best move.”

“Every form of strength covers one weakness and creates another, and therefore every form of strength is also a form of weakness and every weakness a strength.”

“Baseball is a soap opera that lends itself to probabilistic thinking.

“Baseball has so much history and tradition. You can respect it, or you can exploit it for profit, but it’s still being made all over the place, all the time.”

“Every form of strength is also a form of weakness,” he once wrote. “Pretty girls tend to become insufferable because, being pretty, their faults are too much tolerated. Possessions entrap men, and wealth paralyzes them. I learned to write because I am one of those people who somehow cannot manage the common communications of smiles and gestures, but must use words to get across things that other people would never need to say.”

“If you’ve got a dozen pitchers, you need to speak 12 different languages.”

“The inability to envision a certain kind of person doing a certain kind of thing because you’ve never seen someone who looks like him do it before is not just a vice. It’s a luxury. What begins as a failure of the imagination ends as a market inefficiency: when you rule out an entire class of people from doing a job simply by their appearance, you are less likely to find the best person for the job.”

“The sheer quantity of brain power that hurled itself voluntarily and quixotically into the search for new baseball knowledge was either exhilarating or depressing, depending on how you felt about baseball. The same intellectual resources might have cured the common cold, or put a man on Pluto.”

“That’s what happens when you’re thirty-seven years old: you do the things you always did but the result is somehow different.”

“There was but one question he left unasked, and it vibrated between his lines: if gross miscalculations of a person’s value could occur on a baseball field, before a live audience of thirty thousand, and a television audience of millions more, what did that say about the measurement of performance in other lines of work? If professional baseball players could be over- or under valued, who couldn’t?”

“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 money ever again. He would never again let the market dictate the direction of his life.”

“It was hard to know which of Billy’s qualities was most important to his team’s success: his energy, his resourcefulness, his intelligence, or his ability to scare the living shit out of even very large professional baseball players.”