In 'Going the Other Way,' Billy Bean shares his experiences as a gay man in professional baseball, highlighting the challenges he faced and the choices he made between his career and personal life. The book offers insights into the world of baseball and advocates for a more inclusive sports environment.
In *The Fifth Risk*, Michael Lewis delves into the Trump administration’s botched presidential transition, highlighting the consequences of willful ignorance and greed among its leaders. The book explores the critical services managed by the U.S. government, including ensuring food and drug safety, predicting extreme weather events, and tracking black market uranium. Lewis focuses on the Departments of Energy, Agriculture, and Commerce, revealing their often-overlooked roles and the dedicated employees who work within them. The title 'The Fifth Risk' refers to 'project management,' the unforeseen and long-term risks that only a vigilant and committed agency can forecast and prevent. Lewis's narrative is character-driven, featuring interviews with former federal staff members and historical context to illustrate the importance of effective government management and the dangers of short-term solutions[1][4][5].
In 'How Not to Invest', Barry Ritholtz focuses on the pitfalls of investing by highlighting bad outcomes in finance and other fields. The book distills Ritholtz's investing philosophy, gathered from three decades of his writings, into practical advice on avoiding typical investment mistakes. It emphasizes the importance of managing risk, being unemotional, and learning from historical examples of poor investment decisions.
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.
Furious Hours by Casey Cep is a captivating blend of true crime and literary biography. It explores the mysterious murders linked to Reverend Willie Maxwell in rural Alabama and Harper Lee's fascination with the case, which she hoped to turn into her next book. The narrative delves into the racial politics of the Deep South and offers a poignant portrait of Lee's struggles with fame and creativity.
In 'Losers: The Road to Everyplace but the White House', Michael Lewis provides a humorous and unflinching analysis of the 1996 U.S. presidential campaign. He follows candidates like Pat Buchanan, Phil Gramm, John McCain, Alan Keyes, Steve Forbes, and Bob Dole, exposing the absurdities and unsavory aspects of the political process. Lewis critiques the influence of money and the superficiality of political discourse, leaving readers questioning the nature of political success.
The book tells the story of the Oakland Athletics' 2002 season, where General Manager Billy Beane and his assistant Paul DePodesta used advanced statistical analysis, known as sabermetrics, to assemble a competitive team despite a limited budget. The approach, pioneered by Bill James, focused on metrics such as on-base percentage and slugging percentage rather than traditional measures like batting average and runs batted in. This data-driven strategy allowed the Athletics to compete with teams having much larger payrolls, like the New York Yankees, and achieve significant success, including a 20-game winning streak and a playoff appearance[2][3][5].
In 'Going Infinite', Michael Lewis delves into the life of Sam Bankman-Fried, the enigmatic founder of the failed cryptocurrency exchange FTX. The book provides a psychological portrait and a financial roller-coaster ride, tracing Bankman-Fried's trajectory from becoming the world's youngest billionaire to his eventual downfall. It covers topics such as high-frequency trading, cryptocurrencies, effective altruism, and the justice system. Despite criticism for its sympathetic portrayal of Bankman-Fried, the book offers a fascinating insight into the complex world of cryptocurrencies and the character of its central figure.
The Undoing Project by Michael Lewis chronicles the intellectual and personal relationship between Daniel Kahneman and Amos Tversky, two Israeli psychologists whose research fundamentally changed our understanding of human decision-making. Their studies, conducted from the late 1960s to the 1980s, exposed systematic errors in human judgment under uncertainty and laid the foundation for behavioral economics. The book delves into their extraordinary lives, including their careers in the Israeli military, and how their personal differences and eventual estrangement affected their work. Lewis's narrative makes complex psychological concepts accessible through engaging storytelling, highlighting the profound impact of Kahneman and Tversky's work on various fields, including economics, medicine, and government regulation[3][4][5].
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.
Barry speaks with bestselling author and financial journalist Michael Lewis, live, from the Landmark Theater in Port Washington, NY. The wide-ranging, 90-minute conversation covered the full arc of his career, from “Liar’s Poker” to this year’s “Who is Government.” The informative – and at times hilarious – conversation included his experiences turning Moneyball into a film (including on-set hijinks from Brad Pitt), how his career as a writer evolved, and what he is working on next. You DO NOT want to miss this fun, rollicking live episode of Masters in Business.
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