Foolish names and foolish faces often appear in public

Foolish names and foolish faces often appear in public places.

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In "Liar's Poker," Michael Lewis explores the world of Wall Street in the 1980s, focusing on the culture and characters within the finance industry. He portrays a landscape filled with ambition, greed, and reckless behavior among young traders. The phrase "Foolish names and foolish faces often appear in public places" highlights the absurdity and pretense that can be found in such an environment, emphasizing how these traits often reflect broader societal...

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January 26, 2025

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If you are a self-possessed man with a healthy sense of detachment from your bank account and someone writes you a cheque for tens of millions of dollars you probably behave as if you have won a...

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Before Volcker's speech, bonds had been conservative investments, into which investors put their savings when they didn't fancy a gamble in the stock market. After Volcker's speech, bonds became...

Had Volcker never pushed through his radical change in policy, the world would be many bond traders and one memoir the poorer.

It said something about the ability of the free marketplace to mold people's behavior into a socially acceptable pattern. For this was capitalism at its most raw, and it was self-destructive.

Making profits on Wall Street is a bit like eating the stuffing from a turkey. Some higher authority must first put the stuffing into the turkey. The turkey was stuffed more generously in the 1980s...

All the things you can talk about in anyone's work are the things that are least important.

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There was a star danced, and under that was I born.

There was a star danced, and under that was I born.

Race of Cain, ascend to heaven, And cast God down upon the earth!

Race of Cain, ascend to heaven, And cast God down upon the earth!

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"Philip Sharpe was a soldier in God's army," says the minister. "Now he marches with the angels."

For me the curse is a crutch, but the con is everything.

For me the curse is a crutch, but the con is everything.

On the way out to the car, Philip turns to me. "How could you be so stupid?" I shrug, stung in spite of myself. "I thought I grew out of it." Philip pulls out his key fob and presses the remote to...

On the way out to the car, Philip turns to me. "How could you be so stupid?" I shrug, stung in spite of myself. "I thought I grew out of it." Philip pulls out his key fob and presses the remote to unlock his Mercedes. I slide into the passenger side, brushing coffee cups off the seat and onto the floor mat, where crumpled printouts from MapQuest soak up any spilled liquid. "I hope you mean sleepwalking," Philip says, "since you obviously didn't grow out of stupid."

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The rain was pattering hypnotically on the plane's exterior.

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Inscribed on the back was a line from Virgil in Latin: Audentes fortuna juvat. Fortune favors the...

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He glanced at me, then chuckled. Sprezzatura's an Italian word. Means the art of making something...

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