Michael Lewis on what he learned by studying the elites

[@Deanriley]

One of the biggest myths is that moneyed people are smart; often they are insecure, fearful, greedy, narcissistic. Lewis is right.

[@HeathWatts]

They were often born into wealth too (e.g., Trump and Musk).

[@willzsportscards]

Many of the self made ones are very smart...but certainly not wise. Big difference.

[@HeathWatts]

@ Self made million/billionaires are as rare as unicorns. Their stories are generally nonsense.

[@yellowblanka6058]

@@willzsportscards Self-made millionaires/billionaires are exceedingly rare, usually very wealthy people are born into and reap the benefits of generational wealth.

[@HeathWatts]

@ Sure they are. How many were born in among the upper class?

[@nba_fan7214]

"There's a natural tendency for people to tell the story of their lives, of their success, forgetting all the accident that was involved, all the help they got, all the gratitude they should feel."

[@JLova82]

He should look in the mirror.

[@Dan210871]

@@JLova82 Early in the video he acknowledges that he got a job in finance accidentally and that he realized very soon that he was making more money than the value he generated and that he was given the power to give financial advice without being qualified for that. You don't need to be a Michael Lewis fan to acknowledge he is more self-aware than most people.

[@johnOh5]

"I find it outrageous that people who run big companies think it's okay to pay themselves tens of millions of dollars. They should be thinking instead 'I have an obligation to set an example for the company.'" - Michael Lewis. Absolutely, and not only do they have an obligation to the company, they have an obligation to society. The government also needs to decrease income inequality and increase taxes on the 1%.

[@jasongray4517]

I've heard Warren Buffet make exactly the same point. Human contingency is often overlooked.

[@JLova82]

@@johnOh5 Corporations have no obligation to polite society, they have an obligation to their parent company and that parent company, an obligation to their father company, up and up the ladder it goes until you get to a Master Trust.

[@proudhavenot]

I used to be a fly fishing guide and I quit because I was SO tired of being in a boat with someone for 5+ hours listening to them talk about their "success" and how to be like them. It's disgusting and it's a mental illness.

[@SC-gw8np]

I find this obsession with financial success disgusting as well. Have you noticed how in our culture no one seems to care about social, personal, intellectual cultural & moral success? We commend anyone who has achieved financial success and could not care less HOW they achieved it and how many people they trampled over or harmed to achieve it. What is even more disgusting is how we can't even enjoy the fruits of our success because most of it gets taken away from us anyway.

[@DR_1_1]

That's how most Americans that I met were...

[@frankfahrenheit9537]

So they pay for a fishing training but really they pay for you to listen to their "success" stories? Funny.

[@AnniePiano]

I've read "Moneyball", "The Big Short" and "Liar's Poker" so far, as well as many magazine articles, all spread out over a few years, and I love to hear him talk just as much as to read him. He makes everything clear, and I say this as one who knows nothing about the stock market. Every day it seems something comes up where I can say "I learned that from Michael Lewis."

[@vikramkoppikar4677]

Yup, I feel the same. Couldn't agree more 😊

[@jgallagher1359]

you're miseducated

[@HealingLifeKwikly]

@@jgallagher1359 Well, I'm a senior university professor and researcher who has spent decades studying what is going wrong with schools, societies, and ecosystems, and I too have learned a lot from Michael Lewis. He has provided great and illuminating insider accounts of business, governments, etc.

[@Kurt-rg8jq]

I grew up poor & got lucky late in my 20s to land my first banking/corporate job w/ clients between $100MM - $2Bn in net worth. When I was poor & all poor people think the rich are out to get them or it's all a plan to keep them poor. However, I realized the reality is that the rich don't even know about poor people issues & too busy living their life. They run their business, go to events, spend time with family, go on vacations. They aren't planning nothing, they just have no idea of the poor struggles & they don't even consider the poor people when making decisions, just out of not knowing.

[@haroldcampbell3337]

So they're self-centered and blind to the rest of society? No excuse.

[@bernardsimsic9334]

@@haroldcampbell3337 if you live on this planet and miss the poverty that loads are subject to and feel no guilt whilst you drink campaign you are a psycopath!

[@Darhan62]

I'm not against "elites" per se. I'm against elites who deceive themselves and who lack gratitude, humility, or a healthy conscience. I'm not against having billionaires. I'm against having millions of people living in poverty.

[@tjt5055]

To me, the biggest problem with populism is that it's typically just peddling bad ideas that sound good to desperate people with the end goal of elevating an elite. It's the same game, but they've included different pawns.

[@Darhan62]

@@tjt5055, yep. Tell the people what they want to hear. It's theater.

[@lamdao1242]

Yes.

[@yashpatel261]

You cannot have one without the other. A simple example is if there are 10 chocolates and 10 people but 1 guy owns 9 chocolates and the other 9 own 1 chocolate. The guy with 9 chocolates can make the other 9 guys do anything for a sliver of his 9 chocolates. This is the world we are born in. The governments are not going to help they are one of the 9 guys who gets a tiny piece for keeping the other 8 guys in line and not questioning anything or looking at the main guy the wrong way. Government is the tool of the rich not the other way around. That is in every country on earth. And in some countries government takes over and becomes the guy with 9 chocolates. The cycle keeps repeating everywhere in different ways. The problem is rooted deep within humanity.

[@bjb7587]

No one deserves a billion dollars.

[@chrisfinseth9911]

I have been a fan of Michael Lewis you years. I purchased his book “Liars Poker” when it first came out. He has written a lot of great books I have read like the “Big Short”. He is a voice of reason and fairness in the Wall Street world of sometimes greed and corruption. You can learn a lot from reading his book.

[@jgallagher1359]

doesn't Michael Lewis make giant sums of money from writing his books?

[@HealingLifeKwikly]

@@jgallagher1359 He probably does, but that doesn't negate the fact he is great at explaining the world and what went right and wrong in it.

[@HealingLifeKwikly]

@@jgallagher1359 Thanks for your reply, but there's no evidence Lewis lives in a state of delusion or that his take on things is inaccurate. I take it you don't LIKE his analysis, but his analysis have generally stood up pretty well.

[@jgallagher1359]

@@HealingLifeKwikly No, my issue is not whether I like or dislike his conclusions. It's how he arrives at them...putting the story he wants to tell and his profits ahead of analyzng the scenario. That he is morally conflicted (at best) and a huckster (at worst) is a part of the issue.

[@HealingLifeKwikly]

@@jgallagher1359 "It's how he arrives at them...putting the story he wants to tell and his profits ahead of analyzing the scenario." That could sound like sour grapes because his books have a reputation for being very well-researched. Do you have ANY evidence of that? You also have zero evidence he is morally conflicted--you would have to prove that misleading people about an issue would sell less books that providing an excellent accurate account does...AND you would have to prove he needs the money enough to warp the story. Which book did you have a beef about.

[@V.stones]

Working with professionals who have expertise and experience in the market can provide valuable insights and guidance to navigate volatile times.

[@V.stones]

Financial planning and retirement strategies are crucial, especially in today's economic climate. With global economic fluctuations and uncertainties, it's essential to have a solid plan in place to protect your financial future.

[@Deitricklaverne]

Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.

[@Deitricklaverne]

the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skills and knowledge

[@camela8445Mar]

Please could you guide me on how to get in touch with your advisor? My funds are being eroded by inflation and I seek a more lucrative investment strategy to effectively utilize before I consider retirement

[@Deitricklaverne]

Joseph Nick Cahill

[@caso6481]

Sorry, the sounders not audible.

[@dalenbickenbach9533]

????

[@DR_1_1]

@@dalenbickenbach9533 Must be the ASMR crowd... or someone in the traffic noise, with earpads.

[@graemesydney38]

'They' call it "doing work", but create nothing. 'They' talk about "making money" but all they do is concentrate wealth - when they win someone, or many others, lose.

[@DR_1_1]

Mostly scammers and looters...

[@SandraBrokman]

Progress is progress, regardless if it is slow or consistent. Either ways one still goes up, credits to Lunvo

[@JoefryAnders]

Lunvo has quite been very helpful in the system. I recommend him anyday

[@HarrietSmith-h2j]

There is no need to rush life, in the end what will be will be. Just be hardworking, steadfast and always seek for guidance

[@BunnyJackson-d3p]

How can I communicate with him for advice

[@SandraBrokman]

search his full name.

[@SandraBrokman]

Jason Lunvo Rodriguez

[@merrywalsh2809]

@1:00 “Push people until you’ve got a proper explanation.” Great advice.

[@scottrichardson3961]

The elite ego prevents them from admitting they're wrong!!

[@graemesydney38]

Because most are narcissists.

[@sonnyfong9462]

They don’t need to admit they are wrong, because the whole system, economic, school, justice, and politics are all in their favor. It got worse when average people believe more billionaires will help the economy.

[@1wun1]

Why would they believe that they're wrong? Aren't they getting big money?

[@kevinmcdonald5024]

I think his books often explore the question "Does the End justify the Means?" For examples: Is it worth it to get rich if you have to do something wrong to get there? If a lot of other people do it, then why shouldn't I do it too? If it is best for me, then why care if it is not best for future generations? I think that a lot of people feel that the End is more important than the Means. The results of the last election is another indicator of this premise. It may not be the best long term strategy for our survival.

[@cryora]

Things might work on in the short term, but it will end up in the pages of history, and the societies of the future, should they still have the free privilege to study those of the past objectively, would judge us harshly.

[@SharylForster-om5uw]

Thanks for your words! If one is listening, Your short chat sort of says it all.

[@jonwz]

My favorite non-fiction author. I like to think he'd share my favorite saying: "know what you don't know". He also seems to have a great sense of humor.

[@bmccarty2012]

The "Gilded Age" was not a good time for the average American, but I believe the ultra wealthy of that time - who wouldn't even make it into the top 10% today - seemed beholden to the axiom of "Noblesse Oblige." The notion that people of privilege have a responsibility to act with generosity toward the less privileged. That notion died long ago though, and the only obligation the ultra wealthy feel today is to retaining and growing their fortunes at any cost. And I think a lot of that attitude comes from a notion that they made their fortunes all on their own, so why would they help elevate anyone who is less fortunate? It's the "born on third base, think they hit a triple" metaphor.

[@mattberinger2114]

Have you ever heard about modern celebrities and their commitment to charities, humanitarian and environmentalist causes?

[@bmccarty2012]

@@mattberinger2114 Yes, and MacKenzie Scott has donated billions to all kinds of organizations. But you must know I'm talking about the super-wealthy who just hoard their money and focus their efforts on consolidating more wealth into fewer and fewer hands. So I'm not sure what the point of your question is.

[@Shinyshoesz]

Brief, concise, and entirely accurate

[@wochee]

Thank you. Yes success depends on many things, many of hem accidents. In our moments of great success we should never forget the need for even greater humility.

[@jgallagher1359]

it's not really an accident. he feeds people who think they're smart and don't have tons of money exactly what they want to hear and in turn they buy his books and make him rich. It's really basic.

[@bjb7587]

​@@jgallagher1359so much cynicism and so little compassion.

[@jgallagher1359]

@@bjb7587 it's compassionate to tell morons they're being scammed. what exactly are you doing that's compassionate?

[@bjb7587]

@@jgallagher1359 I assure you that calling people morons because they make different choices than you is not compassion. It is hostility and cynicism. Since you ask, I provide counseling to grieving people thru our local hospice program, and I also help with their website. I also volunteer at our local national wildlife refuge. I do not call any of those people morons.

[@jgallagher1359]

@@bjb7587 no moron...you are very very confused. given your inability to understand the point yet massive overconfidence to continue commenting anyway i question any good you could possibly be doing in any scenario. adiitionaly...YOU should not be calliing ANYONE a "moron"

[@johnblake4523]

What a splendid human. Blazingly fierce and courageous.

[@stevesmith8155]

THANK YOU MICHAEL!

[@stevekrag1610]

Thank you Michael for your writings and thoughts. The world is a better and more enjoyable place for your gifts and efforts.

[@bobmach8844]

EVERYONE should read LIARS POKER and THE BIG SHORT ...EXCELLENT and eye-opening

[@jgallagher1359]

let me guess: the rich people are the bad guys

[@Newlinjim]

@@jgallagher1359not all rich people are bad apples,just the parasites creating derivative entities outside the necessary settlement markets.

[@HealingLifeKwikly]

@@jgallagher1359 Well, industrialized capitalism IS destroying societies and ecosystems, and rich people created neoliberal capitalism, which just supersizes that destruction. So yeah, SOME rich people are a leading cause of the destruction of the web of life.

[@mrbn2022]

Lewis' books ""Flash Boys" and "The Fifth Risk" are also real eye-openers.

[@DR_1_1]

I'm not sure, he seems to be protecting his tribe, in the Big Short he is praising Lewis Ranieri at Salomon brothers who created the mortgage backed securities... Speculating with housing should be banned, same with food, and similar fundamental needs! These should not be in the hands of speculators.

[@p.d.stanhope7088]

It's why Tom Wolfe jokingly called them "Masters of the Universe," but they actually believed it. 😆

[@Marco1973est]

Simple Rule : "When much is given, much is required" .....................DOESN't MATTER HOW MUCH - JUST EQUAL is REQUIRED.

[@bobwerber2984]

He's great. Still remember fondly the article he wrote about the property boom in Ireland some years ago. Boy did he understand Ireland!

[@jgallagher1359]

if he understood finance as well as he represents he'd be as rich as the people he complaiins about instead of having to milk the uneducated with fantasies that rich people are dumb or evil.

[@Newlinjim]

@@jgallagher1359you assume all wealthy people acquire that position in the same manner, as in all priests are pedophiles.

[@moggadah]

​@@jgallagher1359sharing is caring. How hard can it be?

[@GardenerGeorge]

@@jgallagher1359maybe he likes writing . Not everyone prioritizes money .

[@jgallagher1359]

@@GardenerGeorge lol most people who love writing and don't prioritize money don't run their work through publishing houses for advances that demand oversite/control of content nor do they write business propaganda

[@joecastille1260]

Nice little segment. Thank you very much. Michael Lewis' writing offers genuine and relevant insight into the way things work in financial markets, and human economics more broadly. For me, "Flash Boys" was the epiphany, although Moneyball, The Big Short and Liar's Poker are awesome. May have to do some re-reading now, since this popped up on my YT timeline.

[@jgallagher1359]

Hudson, Mulder, and Zito is why the A's won. RIch people are good. Lewis shows up to con everyone again.

[@parimalpandya9645]

There is no sound, of the video

[@nicholasyoung2794]

Sound man not doing his job before posting

[@ՄարիՀակոբյան-պ1ք]

Excellent video but Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!

[@HenriquePinto-u1q]

You're correct!! I make a lot of money without relying on the government, Investing in stocks and digital currencies is beneficial at this moment.

[@EdwardBrown-v6l]

Job will pay your bills, business make you rich but investment build and wealth long term, the future is coming.

[@brendababyify]

WHERE'S THE AUDIO????

[@alicemiller4298]

A great writer because he's a fine observer.

[@zlbdad]

The audio is awful

[@bthomson]

I noticed that when I got a bit of a bank account ( never had any savings until my 60s!), I started to be more careful ( read stingy!) with my spending! Money corrupts! You want more! You don't want to spend it! Other people begin to look like they have things you want. It's a slippery slope!

[@RobCummings]

Ever since "Liar's Poker" I've admired Lewis's candor, curiosity and drive to find the root causes behind the way things are.

[@tallspicy]

Not only do they pay themselves, they truly believe they work harder and deserve it and others don’t. Luck and help is never part of their equation. Wealth taxes now!

[@kingcuckoo]

All that income is taxed.

[@jgallagher1359]

Lewis makes tons of money writing, no??

[@dr.badass702]

@@jgallagher1359 There’s orders of magnitude of difference between successful writer money and tech CEO money. There’s no comparison. It’s like when people try to call Bernie Sanders a hypocrite for criticizing billionaires when he’s got a 2 million dollar net worth or whatever. Actually, Lewis is probably way richer than Bernie Sanders, but still a pauper compared to Bezos

[@Here4TheHeckOfIt]

​@@kingcuckoo There's a reason why many pay themselves $1. That's for tax purposes.

[@bjb7587]

​@@kingcuckoolearn some about tax exceptions, carried interest, and the Panama Papers

[@Amberabove]

One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.

[@Jakepattison42]

You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

[@Aarrenrhonda3]

That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.

[@jeffDwyer1]

How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?

[@Aarrenrhonda3]

Annette Christine Conte is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@jeffDwyer1]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@cdes68]

People are only elite in their heads.

[@WonderProfessor]

We use his powerful Liar's Poker story of John Meriwether and John Gutfruend in our Introduction to Investments class to emphasize to our students that you don't want to be playing Liar's Poker with your intestments. Read all his books! As John Williams of the New York Times Book Review wrote, “I would read an 800-page history of the stapler if he wrote it.”

[@cllofdahl]

Bob Beyster of SAIC thought that way, and his thanks was a hit piece on him in _Vanity Fair_--it's a messed up world.

[@vonhinx]

Accurately described.

[@howeichin4103]

the last part of what he said is golden. But some aspects of the industry have changed - becoming more regulated, people cant do whatever they like etc. Also another caveat is, his pov is based in like 1980s - when his liar's poker book was written.

[@blainedunlap8571]

The Bankman-Fries debacle got his attention, like a 2 x 4 to the proverbial mule's head- looks like the 'now what' lasts about 2:16. So...?

[@fg786]

It's capitalism, there's no obligation towards society. They fulfill the only obligation that counts to them and that is making more money and by doing so they make it our all obligation.

[@biscuitbakerful]

Unlike Marxism which gave us Pol Pot, Stalin and Mao. Over 100 million dead from Communism. I'll pass.

[@ronpintx]

Elites: *Anyone who did better than me* (and they don't deserve it!)

[@EugeniaPortobello]

😂😂😂

[@lbowsk]

This guy is a flipping genius. His books are excellent. The Big Short and Flash Boys should be required reading by every High School Student. Absent that, at least make them watch the film.

[@agoogleuser3905]

Is it just me or this videos audio is actually off?

[@DR_1_1]

Off? Inverted phase maybe... are you listening in the street, with traffic close?

[@Mary-Mar]

I suspect this is true because so many of the super rich today came from wealthy families. They like to say they were "working class" but most of them come from upper middle class families with college educated parents. In the past, Dispite what you may think about them, the titans of the American Industrial Revolutions, those that eventually made up the wealthiest Americans: Rockerfeller, Andrew Carnegie, Henry Ford, with JP Morgan being one of the few expections, having come from a wealthy family, all came from poor to truly working class families. I think when you were born in a farmhouse and had to start working at the age of 16, it makes a different rich person. It makes you humble and realizing that successes is a mixture of hard work and luck.

[@anandpaulraj8094]

The greatest fallacy in the corporate world is the fact that management decides to pay itself more first before anything else!! Boeing is the latest example!!! 😂😂😂

[@sloaiza81]

If you were them, you'd act exactly the same. He was right about everything but doesn't accept the fact. What elites to is what everyone does, just at a different scale.

[@danc7988]

This isn’t a person who loves the poor and wants to bring them up. It’s a person who hates the rich and wants to push them down. Great books though

[@Dan210871]

I suggest you read "The Fifth Risk" and see how Lewis described the public servants who have devoted their careers and lives to helping poor people. His admiration towards them and their commitment makes his intentions clear.

[@celeb99mu]

audio is almost silent

[@shillanassi]

He’s right.

[@robertmoran]

Legit to the max.

[@martycrow]

What's with the sound?

[@brucehan6815]

I went into fixed income sales after reading Liar's Poker.

[@inthe_k_now]

Spoken like a true journalist. Hes doing the same thing with words as rich people do with money.

[@thetruther954]

“Briefly intoxicating”. That’s the way money is, a short term high. Once you get past that you find, if you can pay your bills and meet your needs, your happiness is pretty much the happiness you were born with. Ask around.

[@gregorymccue5003]

With regard to Wall Street success, even a stopped clock tells the right time twice a day.

[@bernardsimsic9334]

elite at what? if you're wealthy that does not make you elite at anything more so if it's trust fund cash.

[@wheelsinthehole]

Michael Lewis has a genius for explaining complex subjects in an engaging, entertaining way. I understood how the shenanigans of the Wall Street banksters led to the global financial crash of 2008 by reading The Big Short. His work, The Fifth Risk, detailed the great work and selfless careers of very important government workers who keep us safe and make our lives as Americans measurably better, only to be disparaged and threatened by Trump and his MAGA minions. In short, Lewis is a national treasure!

[@AccordingtoWarren]

Is it me or the audio is off?

[@corpr8dystopia778]

He wasn’t cut out for the role, it’s not for the faint hearted, they are paid well to endure stress and make a great sacrifice. I am a high paid consultant executive, complain about my salary all you want, I wouldn’t do this job for a dime less.

[@Dan210871]

I hope a lot of people read (or re-read) Michael Lewis' "The Fifth Risk" after what happened on 11/5/2024. If you're willing to put in the time, read his book side by side with "Project 2025". It will be scary but it's better to be prepared.

[@kennethmin5500]

Audio???

[@AgirlnamedDaz]

No audio except music 😒

[@InternetStuff2]

Huh... This is weird. Am I the only one that has no sound volume when it comes to this video? During the speaking there is no sound, but then at the end of the video, the sound comes back and it plays the music. Weird.

[@alberttang6955]

Did he learn the elites speak at an inaudible decibel level?

[@MrKansaitim]

Rights without responsibility. This is the R & R of American capitalism. The real crooks don't go to jail anymore.

[@kathysquared]

Sadly greed is the name of the game for many these days.

[@MichaelBronnerLMHC]

Its called Apparent Competence.

[@seymores]

Don’t he wrote the FTX book?

[@timothyhicks9354]

Lewis uses "wealth" and "power" interchangeably. They are very different things and don't always travel together. Elite is a term more closely related to power - at least in the manner Lewis uses it.

[@jamesalanstephensmith7930]

Spectacular

[@silverrajat13]

The elites is the right heading of the video and exactly what this guy and his kind are!

[@MarkJespersen-f6n]

Talk about the ELITE disappointment

[@sharona328]

No sound. Wish I could hear what he is saying.

[@YourTransmissionRepair]

No audio. WTF?

[@Here4TheHeckOfIt]

There was some study about how the more wealthy a person is, the more intelligent they think they are. Conceit rises with income, I guess 🤷‍♂️

[@mukta.asraar]

I can only hear the BGM, not his voice

[@jeffrey1312]

There doesn't seem to be a consistent definition of "elites". Sometimes it's business leaders, sometimes it's the super rich, and sometimes it's the intelligent and educated. We need a few more words to keep this organized.

[@jeffhaas9577]

There are two competing definitions here - Lewis is talking about the super rich (including business leaders) who are able to do as they want and act on society without consequence. They believe they got there by their own efforts and conveniently ignore all the advantages, or good luck and timing, that they had. The other use describes highly educated people in a derogatory way, which is somewhat justified when they view working class people poorly. So "the coastal elites" is a way of referring to college graduates living in cities. "We're tired of being looked down on by those educated elites."

[@jeffrey1312]

@@jeffhaas9577 Then I guess I'm one of the coastal elites, and my opinion of the working class is pretty low right now, but not without cause.

[@tylerdurden8378]

@@jeffrey1312 You know the bar is low when having a uni degree (no big deal where I'm from) and living in a city (85% of the population in my country) makes you "elite". I consider that average.

[@jeffrey1312]

@@tylerdurden8378 On the coasts of the US it's about the same as where you live.

[@jeffpowanda8821]

But why is Michael Lewis compelled to write books about repulsive people? I think he's an entertaining writer, but he really needs to develop some better interests. There's still time, and there are plenty of interesting people out there who aren't repulsive.

[@GardenerGeorge]

Its what he knows . And people have told him they are interested by buying ( a lot of ) his books . I would not want to work in finance OR waste time writing about it . He must feel its his subject at this point .

[@jeffpowanda8821]

@@GardenerGeorge Biographers like Lewis, Woodward, and Isaacson tend to find themselves compromised by the subjects they're writing about. They thrive on privileged access, closeness that other writers can't achieve, which promises intimacy and greater insight, but more often results in sycophantism, myopia, and inaccuracy. Best to avoid modern biographies. When Lewis isn't seduced into writing biography, he's a fascinating writer, and much more interesting than Woodward and Isaacson.

[@GardenerGeorge]

@@jeffpowanda8821 Thanks for the response and insightful critique . It triggered two thoughts : 1) The subjects writers choose - I love to write but have never found my subject . One needs ego and motivation that I seem to lack . Its An interesting topic how certain writers choose their topics and why . 2) Modern biography . I absolutely hear what you are saying . I have had similar thoughts about when historians venture into analysis Of “ current “ politics . They are often wrong , because there is information missing from their calculations , and it lowers their integrity and / or authority .

[@SingleTrackMined]

Noblesse oblige doesn't need to be voluntary.

[@WillCalfee]

Read this guys books! Mysteries will be revealed!! Great author

[@darbyheavey406]

Really a novelist…good guys & bad guys…the upstarts will show the bad guys a new trick…Liars Poker is also Money Ball is Speed Boys.

[@bigstrongguy91]

Whoever recorded the audio on this was clearly not elite at recording

[@Undermineded-333]

I learned the no bull way!!!!from the elites

[@Undermineded-333]

Fair exchange when u earn something gratitude isn’t necessary

[@kenwallace6493]

Good politicians should see capitalism as a tool to achieve the common good, a tool that needs control and regulation. When capitalism controls the government, as it does now, the government has lost its purpose.

[@joegrant413]

No sound!

[@Undermineded-333]

The shhhh that fell below the table will never be found!!!!

[@Undermineded-333]

Lol

[@Undermineded-333]

Someone catch the scraps before the crumb snatchers field day!!!!

[@PoSHEmediaglobal]

They all corrupt ?! Nothing we don’t know man

[@mtn1793]

They don’t even realized their actions have put our whole nation and world at risk. The selfishness is staggering!

[@micheline1400]

I think they do know but they honestly just don't care about the rest of humanity.

[@lynndenault8198]

You are talking about leadership. Not all rich people are leaders. Most are out for themselves.

[@canadiangemstones7636]

Most rich people are truly disgusting human beings. Think of Elon Musk.

[@righthorse]

Telll us something we don't already know!

[@commandersprocket]

The sense of obligation, or lack thereof, mirrors the social psychology experiments of Paul Piff with a very lopsided game of Monopoly.

[@Cleveland_Rocks]

"they are not looking to do 'bad things', they'd rather do 'good things' if they could make as much money"....Michael, I love your books, but listen to yourself.

[@homemini9254]

Thé audio is way off

[@ikaustralia]

There's not many financial advisors in Eastern Europe: their lifespan is too short 🙂

[@QBRX]

He's a great author, my favorite contemporary author. His books are so readable and compelling. Don't know how he got it wrong about Bankman-Fried.

[@jorgegomez524]

He is the elite. Or part of them now. He has being serving them, specifically the last books

[@PASCALDAB]

One lesson I've learnt from billionaires is to always put your money to work, and diversifying your investments. I'm planning to invest about $200k of my savings in stocks this year, and I hope I make profits.

[@mikey43221]

You are right. The best approach I feel is to diversify investments- by spreading investments across different asset classes like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown

[@SeanTalkoff]

That makes sense. I’ve been using a financial market expert for two years now and I own a six-figure diversified portfolio from investing in stocks. I want to diversify more this year, though.

[@viviancarolgioao]

@@SeanTalkoff How can I reach this advisers of yours? because I'm seeking for a more effective investment approach on my savings?

[@SeanTalkoff]

Sharon Ann Meny, is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@viviancarolgioao]

Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.