Michael Lewis on Why the World Is Still Reading “Liar’s Poker”

The Premonition by Michael Lewis is a gripping account of the individuals who foresaw the impending COVID-19 pandemic and the failures in the American public health system. The book focuses on characters such as Charity Dean, a public health officer, and the 'Gang of Seven,' a group of doctors and scientists who created their own pandemic plan. It highlights their tireless work, the use of computer models to predict viral spread, and the challenges they faced amidst political pressure, financial constraints, and public criticism. The narrative underscores the courage and dedication of these unsung heroes and the need for more proactive approaches to public health preparedness.

Liar's Poker is a non-fiction, semi-autobiographical book that details Michael Lewis's three-year tenure at Salomon Brothers, one of Wall Street's premier investment firms in the 1980s. The book provides a behind-the-scenes look at the culture of bond traders, highlighting the frat-boy camaraderie, killer instincts, and high-stakes games of bluffing and deception. Lewis describes the creation and use of mortgage bonds, the excessive bonuses, and the ruthless competition among traders. The narrative also touches on the author's disillusionment with the industry, leading to his resignation and transition into financial journalism.

The book tells the story of Jim Clark, the founder of several billion-dollar companies including Silicon Graphics, Netscape, and Healtheon. It explores Clark's relentless pursuit of the 'new new thing' and his impact on the tech industry. Lewis provides a detailed look at the roles of venture capitalists, entrepreneurs, and programmers in Silicon Valley, highlighting the unique culture and financial dynamics of the region during the late 1990s. The book also critiques the traditional business models and the inflated value of tech companies during that period.