Why isn't someone smarter than us doing this? — Michael Lewis

A thought crossed his mind: How do you make poor people feel wealthy when wages are stagnant? You give them cheap loans.

the more he studied Buffet, the less he thought he could be copied; indeed, the lesson of Buffet was: To succeed in a spectacular fashion you had to be spectacularly unusual.

Here was a strange but true fact: The closer you were to the market, the harder it was to perceive its folly.