He Said That? 8/7/17

From Michael Lewis (born 1960), American non-fiction author and financial journalist,  The Big Short: Inside the Doomsday Machine (2010):

They had stumbled either upon a serious flaw in modern financial markets or into a great gambling run. Characteristically, they were not sure which it was. As Charlie pointed out, “It’s really hard to know when you’re lucky and when you’re smart.”


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