Michael Lewis

Forty years ago, Israeli psychologists Daniel Kahneman and Amos Tversky wrote a series of studies undoing our assumptions about the decision-making process. Their papers showed the ways in which the human mind erred, systematically, when forced to make judgments in uncertain situations. Their work created the field of behavioral economics, revolutionized Big Data studies, advanced evidence-based medicine, led to a new approach to government regulation,...

This book explains how Billy Beene, the general manager of the Oakland Athletics, is using a new kind of thinking to build a successful and winning baseball team without spending enormous sums of money. The author examines the fallacy behind the major league baseball refrain that the team with the biggest wallet is supposed to win. Over the past four years the Oakland Athletics, a major league team with a minor league payroll, have had one of the...

Follows one young man from his impoverished childhood with a crack-addicted mother, through his discovery of the sport of football, to his rise to become one of the most successful, highly-paid players in the NFL.

Flash Boys is about a small group of Wall Street guys who figure out that the U.S. stock market has been rigged for the benefit of insiders and become more controlled by big Wall Street banks. Working at different firms, they come to this realization separately; but after they discover one another, the flash boys band together and set out to reform the financial markets by creating an exchange in which high-frequency trading will have no advantage...

As Pogo once said, "We have met the enemy and he is us." In this book the author offers a scathing assessment of fiscal blunders in foreign lands, and details how economic repercussions are sure to be felt on American soil. Financial bubbles grew and burst, not only in the U.S. but in countries as diverse as Iceland, Germany, and Greece. Mixing humor with prescient insight, he depicts a precarious situation that demands attention. The tsunami of cheap...

An analysis of five financial upheavals in recent history includes coverage of the 1987 stock market crash, the Internet bubble, and the sub-prime mortgage crisis, in a report that reveals how public knowledge differed from what was actually taking place.

The story of Oakland A's general manager Billy Beane's successful attempt to put together a baseball club on a budget by employing computer-generated analysis to draft his players. "A smart, intense and moving film that isn't so much about sports as about the war between intuition and statistics."--Roger Ebert. "Moneyball is the perfect sports movie"--Chicago Tribune. "Moneyball is a thinking person's baseball movie, and a baseball fan's thinking...

This bestselling and hilarious book blew the doors off Wall Street's boardrooms and introduced the world to the writing of Michael Lewis. In this shrewd and wickedly funny book, Michael Lewis describes an astonishing era and his own rake's progress through a powerful investment bank. From an unlikely beginning (art history at Princeton?) he rose in two short years from Salomon Brothers trainee to Geek (the lowest form of life on the trading floor)...

Recounts a turning point in the author's life, an event during which a baseball coach gave him the ball at a key point in a game and conveyed such trust that the author was inspired to perform beyond his own expectations.