That's what happens when you're thirty-seven years old: you do the things you always did but the result is somehow different.
Michael LewisRead
Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation. You owe a debt, and not just to your Gods. You owe a debt to the unlucky.
Interpretation
Success often involves a degree of luck, and with that luck comes a responsibility to help those who are less fortunate.
In this quote, Michael Lewis emphasizes that success is not solely the result of personal effort or talent, but also heavily influenced by luck. This implies that those who achieve success have an obligation to support and uplift others who may not have had the same fortunate circumstances, recognizing the interconnected nature of society where privilege can be a result of random chance.
In practice
During a charity event discussing the importance of giving back to the community.
That's what happens when you're thirty-seven years old: you do the things you always did but the result is somehow different.
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.
Commitment, by its nature, frees us from ourselves and, while it stands us in opposition to some, it joins us with others similarly committed. Commitment moves us from the mirror trap of the self absorbed with the self to the freedom of a community of shared values.
The men on the trading floor may not have been to school, but they have Ph.D.’s in man’s ignorance.
A banking system is an act of faith: it survives only for as long as people believe it will.
That was how a Salomon bond trader thought: He forgot whatever it was that he wanted to do for a minute and put his finger on the pulse of the market. If the market felt fidgety, if people were scared or desperate, he herded them like sheep into a corner, then made them pay for their uncertainty. He sat on the market until it puked gold coins. Then he worried about what he wanted to do.
To stay ahead, you must have your next idea waiting in the wings.
When you're 0-2 in the Super Bowl, they say unkind things about you. They say, 'He can't win the big one.' And that's the worst thing that can be said about you.
The only place success comes before work is in the dictionary.
I didn't fail 1000 times. The light bulb was an invention with 1000 steps.
If the grass is greener on the other side it`s probably getting better care. Success is a matter of sticking to a set of common sense principles anyone can master.
When all of a sudden you're successful and sought after overnight, you are instantly opened to a lot of sides of humanity that the average person is never going to see. And those can often be pretty disheartening, and it can make somebody pretty lonely.
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