This link takes you to the last of a 7 episode podcast Michael Lewis has done on the role of experts
The whole series is highly recommended but I especially like this quote in which he attempts to sum up the series
“Life eventually humbles us all. What I love about experts, the best of them anyway, is that they get to their humility early, they have to, it’s part of who they are, it’s necessary for what they are doing. They set out to get to the bottom of something that has no bottom, and so they are reminded, constantly, of what they don’t know. They move through the world focussed not on what they know but on what they might find out.”
In that spirit, let me know what I am missing
Tony – From the Outside
One thought on “What Michael Lewis loves about experts”
Agreed, this is definitively the case in bank capital. We all accepted that every one of us our had limited understanding of the topic.