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Wednesday, May 14, 2025

MiB: Michael Lewis, Liar’s Poker 30 Years Later

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This week, we communicate with Michael Lewis. We talk about Season 3 of his podcast In opposition to the Guidelines. We additionally delve into the thirtieth anniversary of Liar’s Poker: Rising By means of the Wreckage on Wall Road, and his new audio recording of the e book. He’s additionally the writer of Undoing UndertakingMoneyballFlashboysThe Large Brief, and so many others.

Now, 30 years post-publication, the audio rights to Liar’s Poker reverted again to Lewis. He recorded an entire, uncut audio model of Liar’s Poker himself together with a companion podcast.

We talk about how tough it was for him to reread Liar’s Poker for the primary time because it was printed in 1989. His first e book reveals a brand new author who has not fairly discovered his voice but however nonetheless resonates with readers as genuine and insightful. He observes that what he thought was humorous when writing seems to fall flat now, however the characters and story find yourself being (unintentionally) hilarious.

He additionally explains why experience has grow to be devalued, regardless of ongoing enhancements in practically each area. Experience has grow to be probabilistic and data-based when individuals choose extra squishy narratives. The choice is for assured, daring certainty quite than nuanced chance and doubt, to the detriment of the lay observer.

An inventory of his present studying is right here; A transcript of our dialog is obtainable Monday.

You possibly can stream and obtain our full dialog, together with the podcast extras on iTunes, Spotify, Stitcher, Google, Bloomberg, and Acast. All of our earlier podcasts in your favourite pod hosts could be discovered right here.

Make sure you take a look at our Masters in Enterprise subsequent week with Alex Guervich of Hon Te Advisors, a discretionary international macro hedge fund. Beforehand, Guervich ran JP Morgans’s macro e book. In 2020, Hon Te was ranked 2nd in internet return, and a prime 10 rising supervisor. He’s the writer of The Subsequent Good Commerce and most not too long ago, The Trades of March 2020.

 

 

 

Michael Lewis’ present studying

 



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