Michael Lewis on The Rise and Fall of FTX and Sam Bankman-Fried | Intelligence Squared

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  • เผยแพร่เมื่อ 25 พ.ย. 2024

ความคิดเห็น • 235

  • @danielosullivan2677
    @danielosullivan2677 ปีที่แล้ว +68

    His parents don't care about money?? His father demanded his salary to be increased from 200k to 1 million

  • @glennwatson3313
    @glennwatson3313 ปีที่แล้ว +200

    Michael Lewis is still being scammed by Bankman. Its amazing.

    • @unclvinny
      @unclvinny ปีที่แล้ว

      At some point he might realize what a complete sociopath Bankman-Fried is, and that the lying and stealing isn't in service of some glittering higher cause.

    • @djmartens123
      @djmartens123 ปีที่แล้ว +6

      Yeah, this is actually crazy to watch.

    • @Grumpy19
      @Grumpy19 ปีที่แล้ว +4

      Lolol I laughed so hard

    • @ReallySmartDad
      @ReallySmartDad ปีที่แล้ว +8

      So true. Well said. We just heard the line of defense. Bankman-Fried just wanted to do good, and got in over his head. Boohoo😢

    • @turdferguson6978
      @turdferguson6978 ปีที่แล้ว

      @@ReallySmartDad Biden just wanted to be a good dad, he loved Hunter too much.

  • @glennwatson3313
    @glennwatson3313 ปีที่แล้ว +64

    This just goes to show that even a smart man who writes good books can be scammed by a good con artist. Still, you would think Michael Lewis would know better. Talk to Coffeezilla about this.

    • @Gedwyn11
      @Gedwyn11 ปีที่แล้ว +1

      In what way was/is he scammed? What am I missing?

    • @glennwatson3313
      @glennwatson3313 ปีที่แล้ว +11

      @@Gedwyn11 Lewis was trying to write a book about Bankmen before Banksman's scheme became public. Even after the truth came out Lewis want ot sell the book so he is singing Banksman's praises and acting like Bankman is some sort of idiot savant only interested charity, rather than the scam artist he is.

    • @surajrajwani8773
      @surajrajwani8773 ปีที่แล้ว

      He may have the last laugh. I think this is more like a history of the person. Lewis had mentioned he may write a second book based on everything after FTX collapse.

    • @glennwatson3313
      @glennwatson3313 ปีที่แล้ว

      @@surajrajwani8773 Lewis will never write another book about Bankman. No money in it.

    • @steveperreira5850
      @steveperreira5850 ปีที่แล้ว

      Joo Foo Yoo Loo! d!p$h!t writer

  • @rof8200
    @rof8200 ปีที่แล้ว +48

    Michael lost me. Alameda had a failing high frequency trading system. They were incurring losses. That's why they took money illegally from FTX customers.

    • @davidfoss4836
      @davidfoss4836 ปีที่แล้ว

      Enron 2.0, the very worst that SBF faces is having to pay for a presidential pardon from Trump. We have already seen what befell the Enron sounder. After an extensive public humanizing event, the Host population will have to watch criminal justice reform at its worst. Remember that besmirched institutions, Stanford and MIT, have just been exhibited pinching off foul putrid Caroline and SBF as their ultimate product. Stanford and MIT are peopled by Parents of this excrement, acting as mentors but behaving even worse.

    • @abdulrazack1683
      @abdulrazack1683 ปีที่แล้ว +3

      True

    • @csp103
      @csp103 ปีที่แล้ว +2

      Exactly! a fact that Michael conveniently forgets

    • @tiararoxeanne1318
      @tiararoxeanne1318 ปีที่แล้ว

      At the time he wrote the book, nobody knew that facts other than SBF and his cronies. It was open to public AFTER SBF's cronies pleaded guilty and cooperated with the law enforcement.

  • @18000rpm
    @18000rpm ปีที่แล้ว +101

    The parents don't care about money and material things, yet they accepted a $10M gift from FTX.

    • @apollothirteen9236
      @apollothirteen9236 ปีที่แล้ว +1

      They earned every penny of the money & gifts they received. They are brilliant attorneys and worked hard.

    • @Tobytobers1
      @Tobytobers1 ปีที่แล้ว

      all rich people act the same.

    • @glennwatson3313
      @glennwatson3313 ปีที่แล้ว

      @@apollothirteen9236 Are you serious?

    • @mariobros2867
      @mariobros2867 ปีที่แล้ว +2

      @@apollothirteen9236 they didn't

    • @apollothirteen9236
      @apollothirteen9236 ปีที่แล้ว

      @@mariobros2867 Yes they did. They used there superior intillect to earn that wealth just as my boat captain uses his limited intillect to pilot my yacht.

  • @ElLotdog
    @ElLotdog ปีที่แล้ว +53

    Could you imagine if someone spoke about Bernie Madoff and his firm in the upbeat and chipper way Michael Lewis talks about SBF? It’s truly bizarre

    • @EtherealAriel
      @EtherealAriel ปีที่แล้ว

      Maddoff was different. He had the scheme going for decades through networking the upper classes, SBF could only do 1 year and had to pay large fees for celebrity endorsements.

    • @sarahmalan8946
      @sarahmalan8946 ปีที่แล้ว +2

      Like a good salesman, Michael Lewis is just trying to sell his Book and make sure his publisher also makes money. Hence the reason for being upbeat.

    • @Sarah-re7cg
      @Sarah-re7cg 11 หลายเดือนก่อน

      @@sarahmalan8946this has been the best argument someone has provided thus far and I’m annoyed I didn’t think of this lol

  • @Tofucapitalist
    @Tofucapitalist ปีที่แล้ว +87

    The true story of SBF and FTX is far more interesting than the fiction Lewis wrote

    • @spencerhopkinson9874
      @spencerhopkinson9874 ปีที่แล้ว +4

      SBF is not a sympathetic character. Lewis is friends with him. But he's just another scammer.@Calkimchi

    • @NickKautz
      @NickKautz ปีที่แล้ว +1

      Lewis knows him far better than anyone who chooses what to believe based on how interesting it is. The real SBF is the person being described in this video. If that means you don't get to feel a sadistic pleasure in somebody else's misfortune, then it's a win for everyone.

    • @spencerhopkinson9874
      @spencerhopkinson9874 ปีที่แล้ว

      The real SBF is the billion-dollar fraudster. He's going away for life. Cry harder.@@NickKautz

    • @Sarah-re7cg
      @Sarah-re7cg 11 หลายเดือนก่อน +1

      ⁠@@NickKautzcourt filings and legal documents are way more boring than Lewis’ fantastical book he wrote. I’ll go with the prior.

    • @NickKautz
      @NickKautz 11 หลายเดือนก่อน

      Yes, but people rarely read those documents when I link them. They just want to be mad at Sam because it makes them feel slightly less insignificant in comparison, and there are no consequences when everyone is on your side. Defending him is far more challenging and enlightening. @@Sarah-re7cg

  • @benhayward2597
    @benhayward2597 ปีที่แล้ว +79

    I've lost so much respect for Michael Lewis for trying to defend this fraudster

    • @Ryan_Christopher
      @Ryan_Christopher ปีที่แล้ว +8

      Telling a story and treating a subject as a book character is far from coming to his defense.

    • @spencerhopkinson9874
      @spencerhopkinson9874 ปีที่แล้ว +5

      Lewis is obviously sympathetic. Pure copium.@@Ryan_Christopher

    • @FoxInTheBasement
      @FoxInTheBasement ปีที่แล้ว

      @@Ryan_Christopher "Lewis argued on the podcast that the onetime multibillionaire was not really a thief, as the prosecution alleged, but merely a gambler who simply borrowed customers’ money and then lost it in a lapse of risk management.“The frustration of the courtroom is that neither side is actually operating in the spirit of honesty,” Lewis said. “Both are trying to make a case, taking stuff out of context, blowing things up and making things mean something different than it actually meant back when it was happening.”"

    • @StoliDallas
      @StoliDallas 7 หลายเดือนก่อน

      I lost respect for him for first defending SBF, then pissing all over his “friend” when his fortunes turned.

  • @DTesting635
    @DTesting635 ปีที่แล้ว +50

    Its sickening listening to this guy. He's just one more victim of the fraud.

  • @margo3367
    @margo3367 ปีที่แล้ว +20

    Michael Lewis, president of the SBF fan club.

  • @davidbrady5618
    @davidbrady5618 ปีที่แล้ว +65

    One thing's for sure should you ever find yourself facing federal prison charges Michael is the man to write your biography. It's like once he decided Sam was the hero of his book there was absolutely nothing that could change the trajectory of the plot or his mind about good-guy Sam.

    • @EtherealAriel
      @EtherealAriel ปีที่แล้ว +2

      He started writing the book before the collapse so this was always going to be sycophantic and he didn't want to rewrite it.

    • @seanwebb605
      @seanwebb605 11 หลายเดือนก่อน

      @@EtherealAriel Wrong on all accounts.

  • @animaaura
    @animaaura ปีที่แล้ว +32

    The fact that current FTX CEO John J. Ray III effectively said that Michael’s book offers nothing of worth in helping understand what happened at FTX is pretty telling.
    The contrast between the details emerging at the trial and Michael Lewis’ assertions, is astounding!
    This makes me look at all his other books in a new light.

    • @tiararoxeanne1318
      @tiararoxeanne1318 ปีที่แล้ว +1

      The book is intended as a character observation, not an investigation journalism. Of course it doesn't help much with the investigation. It's like using a fork to eat soup. Wrong tool.

    • @jacobtaylor7506
      @jacobtaylor7506 ปีที่แล้ว +2

      Blindside, that is a book that really needs to be looked at again.

    • @seanwebb605
      @seanwebb605 11 หลายเดือนก่อน

      Lewis never had the opportunity to do a forensic audit.

    • @Sarah-re7cg
      @Sarah-re7cg 11 หลายเดือนก่อน +1

      @@tiararoxeanne1318right. And Lewis got the character completely wrong.

    • @kronik658
      @kronik658 11 หลายเดือนก่อน

      Michael also has a strong dislike for John Ray in his book. It's wild that he is more critical of John Ray then he is of SBF himself.

  • @alexhubble
    @alexhubble ปีที่แล้ว +18

    It's nice that he likes SBF, the guy certainly sounds like a character. Sadly, the law doesn't allow co-mingling of funds. Even if it's done by a puppy with a tear in its eye. For precisely these reasons.

  • @julius5256
    @julius5256 ปีที่แล้ว +12

    I never had a favorite author until I came across Michael Lewis.
    But as soon as I thought of him as my favorite author, the revelation about the blind side surfaced and now this book. Which seems to be telling a story that is so wildly different to that story that was shown in court that it seems like a PR stunt instead of uncovering the real story
    I really don’t know what to think right now

  • @scholarlyreader383
    @scholarlyreader383 ปีที่แล้ว +6

    The fact that he keeps referring to Africa as basket case depict his arrogance and obtuse behavior. He is no different than Africa.

  • @bobli30
    @bobli30 ปีที่แล้ว +7

    The writing is on the wall; Lewis' legacy is down to the toilet with SBF; it's a shame.

  • @kangzau1006
    @kangzau1006 ปีที่แล้ว +20

    Around 3:33 he describes his backstory that he will follow a character and let the story take care of itself. He becomes so infatuated with subject that he has told the story that the subject wants him to tell. There's very little external verification in this book. Just watch the trial instead. Book brought nothing to the table.

    • @Sarah-re7cg
      @Sarah-re7cg 11 หลายเดือนก่อน

      Great, concise comment. Thank you and agreed. When laid out how he was going to write his book, I couldn’t help but think “oh, so literally the opposite of how you should cover someone like this. Great!”

  • @GEB-yy3ud
    @GEB-yy3ud ปีที่แล้ว +3

    Michael Lewis's new book 'Poo is not smelly.'

  • @Sarah-re7cg
    @Sarah-re7cg 11 หลายเดือนก่อน +1

    I feel like Michael Lewis makes sense of the world by stereotyping people like it’s a bad 1980s sitcom

  • @chuckwes8903
    @chuckwes8903 ปีที่แล้ว +8

    Sam's genius lies in selling the Kool -Aid with a twist... Just listen to this Dude. He's all in.

    • @marybusch6182
      @marybusch6182 ปีที่แล้ว

      Exactly! A con par excellence.

  • @studentoflife3140
    @studentoflife3140 ปีที่แล้ว +6

    I'd like to see the payments to Michael Lewis from Sam Bankman Fried

  • @watcherofthewest8597
    @watcherofthewest8597 ปีที่แล้ว +7

    I see this, and I think, I can anyone trust anything Lewis has ever written if his story about ftx and SBF is so delusional and plain inaccurate?
    Also, 10 minutes into this video, I couldn't tell you one thing of substance Lewis said.

  • @StuartConsulting
    @StuartConsulting ปีที่แล้ว +4

    I don’t want to gloat, but he was blessed with intelligent parents, good education, some somehow made billions, and ended up shitfaced facing jail

  • @pimpingkek4947
    @pimpingkek4947 ปีที่แล้ว +7

    This was a banger. If someone finds the second half, please reply, so everyone can see it.

    • @SuperPussyFinger
      @SuperPussyFinger ปีที่แล้ว +1

      th-cam.com/video/0ADdzHCGjCI/w-d-xo.htmlsi=dUdS9POa_W73vqbt

  • @jeroldpaquette9068
    @jeroldpaquette9068 ปีที่แล้ว +9

    It is easy to look smart and buy multi million dollar properties in the Bahamas when you steal the money- until you are caught. So let us see if he is convicted.
    therefore, Watch out for those persons who do not or give inappropriate response to stimuli.

  • @nccamsc
    @nccamsc ปีที่แล้ว +2

    SBF makes for a good story, that’s what ML needs. He needed a character, he said it at the very beginning.

  • @marcot8549
    @marcot8549 ปีที่แล้ว +11

    I'm curious... How much did Lewis sell his legacy out to Sam for?

    • @seanwebb605
      @seanwebb605 11 หลายเดือนก่อน

      Give your head a shake.

  • @BanTheBBCHD
    @BanTheBBCHD ปีที่แล้ว +5

    "I don't know where this is all going to end up" - Was in prison for FRAUD on your bingo card Michael?

  • @behrouzvossoughi5465
    @behrouzvossoughi5465 ปีที่แล้ว +6

    Lewis' story is pure fiction......basically a script for a thriller movie......has nothing to do with SBF or with reality

  • @qdlaty23
    @qdlaty23 ปีที่แล้ว +4

    Lewis used to be one of my favourite writers but I had to do a 180 after his insane defence of SBF It was hard to watch and made me question the accuracy of every single book of his that I had read. Never reading anything of his ever again. What a joke.

  • @sommi888
    @sommi888 ปีที่แล้ว +7

    ❤💛💚💙 Wow! SBF is totally innocent! He's being unfairly trialled in court. LET HIM GO for free!! Definitely a great idea! There was no wrongdoing here!

  • @Sarah-re7cg
    @Sarah-re7cg 11 หลายเดือนก่อน +1

    I loved the big short. I’m curious how in the hell this happened and now I’m questioning how much work Lewis put into the big short because how is this coming about?

  • @Flynbourne
    @Flynbourne ปีที่แล้ว +4

    I think the reason that Michael has a blind spot here is that he has spent most of his life investigating the underbelly of Wall Street. So I think he cuts SBF more slack than he deserves. He’s just as much of a scanner as all those other sheisters he writes about.

    • @steveperreira5850
      @steveperreira5850 ปีที่แล้ว

      Joo Foo Loo (The Jew fooled Lewis) … I’m pretty sure my three year old granddaughter with fool him just as easily

    • @steveperreira5850
      @steveperreira5850 ปีที่แล้ว

      In this episode it is the square root of intelligence

  • @CryptoClaimsPro
    @CryptoClaimsPro ปีที่แล้ว +7

    It’s a very painful listen and it didn’t cost him $5bn to buy Michael

  • @NancyLebovitz
    @NancyLebovitz ปีที่แล้ว +2

    I assume Lewis will write another book. The organizational chart is just too good.

  • @parallelThreads
    @parallelThreads ปีที่แล้ว +4

    It's fascinating that noone seems to recognize that Bankman Fried is autistic.
    In interview after interview, commentators marvel at Bankman's indifference toward fashion conventions, his lack of eye contact, apparent difficulty expressing and interpreting facial expressions, history of social isolation, and abstract mathematical talent. These commentators seem to find Bankman inscrutable. Yet, every one of these traits are typical of people with high functioning autism. As a person with high functioning autism, I've been frustrated and dismayed at this apparent lack of social awareness and recognition, and I worry that this failure to recognize Bankman's autism has unfairly biased the public against him.
    I'm not claiming that the facts against him are not damning. I'm pointing out the way that non-autistic people wrongly interpret his body language, facial expressions, and tone as evidence against him. Non-autistic people unconsciously rely on nonverbal cues to detect sympathy, emotional sincerity, and honesty. They look for eye contact, posture, subtle facial expressions, and tonal shifts to determine whether or not someone is lying and to decipher their emotions. Bankman, as an autistic person is has difficulty producing these behaviors. Unaware of this, people wrongly assume that he is lying, is unsympathetic, and, therefore, must have been guilty of intentional fraud.
    Autistic people are overrepresented in engineering and mathematics. Many tech celebrities such as Bill Gates and Elon Musk are also autistic. I myself work in tech (I designed computer processors). Mild autism correlates with having a mind that is good with numbers and abstract reasoning, but consistently it coincides with social impairments. Those of us with this trait have to exert significant effort to learn and adapt to non-autistic people (I could relate to the story of Bankman practicing smiling), yet we have much to contribute when given the chance.
    In cases like these, where someone is accused of a major crime, justice requires that they be given a fair trial - that they be heard out, and given a chance to tell their side of the story. In this case, that requires taking a moment to understand the autistic perspective and see past these impairments.

    • @tomasgomez9925
      @tomasgomez9925 ปีที่แล้ว +1

      I have Aspergers and agree with you at a 100%
      When I looked at some of his videos, the way he speaks, expresses himself, his movements, language, etc etc. I saw it immediately. Not “normal” for the average person.
      Nonetheless, he clearly did very wrong and that has consequences. He is paying for those actions and must be having a horrible time right now. Specially with anxiety.

  • @ObsidianLife
    @ObsidianLife ปีที่แล้ว +1

    It is very odd to watch all these boomers (meaning 70 year olds) refuse to admit they've been conned...

  • @seanwebb605
    @seanwebb605 ปีที่แล้ว +1

    The cover of my dust jacket is much different on the outside, but I opened it up to see the organization chart on the inside.

  • @Sarah-re7cg
    @Sarah-re7cg 11 หลายเดือนก่อน

    Someone please write a book about Michael Lewis writing this book and title it “The Blind Spot”

  • @Trollbot007
    @Trollbot007 ปีที่แล้ว +1

    I think they all make up a personality to make them look weird. One is claiming to have Asperger’s syndrome.

  • @ipsizm9265
    @ipsizm9265 ปีที่แล้ว +2

    I always learn something listening to this man

  • @FizzleFX
    @FizzleFX ปีที่แล้ว +1

    The cover being a roadmap os delightful

  • @greggernetzke9014
    @greggernetzke9014 ปีที่แล้ว +3

    SBF made this guy into such a rube I’m not sure I buy any of this work anymore lol

  • @thomasclark631
    @thomasclark631 ปีที่แล้ว +2

    Clearly, SBF thinks he’s a politician.

  • @back2d_lobby
    @back2d_lobby ปีที่แล้ว +1

    He "thought it was bs and could all fall apart" but neglected risk management. An exchange's only job is to not lose customer deposits.
    Idiot-savant.

  • @gelzamangitzaman1482
    @gelzamangitzaman1482 ปีที่แล้ว +1

    How much money did you take from sam to wtite this book.You are working as a or person of sam

  • @itzhakbentov6572
    @itzhakbentov6572 ปีที่แล้ว +1

    Hey Michael Lewis..SBF’s mom must be a very special Ethics Professor

    • @DonnaShaw-vf4hb
      @DonnaShaw-vf4hb ปีที่แล้ว

      Giving is good. More people should be giving.

  • @sandworm9528
    @sandworm9528 ปีที่แล้ว +3

    Everyone's commenting but noone read the book, its a good read and explains why Michael seems "chipper" about sbf,
    It really is about HOW sam committed financial fraud, its pretty clear in the book hes guilty, but also why sam doesn't think of himself as a scammer

    • @darrengregory6878
      @darrengregory6878 ปีที่แล้ว

      I agree... Maybe the book paints SBF as being more naive than he actually is but no one gets a pass including Ray who everyone seems to think he eats financial criminals and shits justice money. My impression after reading the book is that SBF is a criminal for making odds on illegal activities until they could be righted with money and/or political pull and having zero empathy for the damage he's caused while playing the victim.

    • @jdonohue17
      @jdonohue17 ปีที่แล้ว

      I agree with this, I also read the whole book and I think Lewis' enthusiasm for talking about SBF and what happened should not be mistaken for his enthusiasm for an interesting subject and evaluation of the finance world (which Lewis is far more familiar with than likely most people in the comments are). He is not a stupid man, he is thorough and chose to tell a compelling story about the person rather than the crime or the criminal.

  • @jimgrant4578
    @jimgrant4578 11 หลายเดือนก่อน +1

    Lewis also wrote "The Blind Side," which the movie is based on. Once he decides who his heroes are going to be, he doesn't let pesky facts get in the way.

    • @seanwebb605
      @seanwebb605 11 หลายเดือนก่อน

      That's such nonsense.

  • @winonebud
    @winonebud ปีที่แล้ว +1

    This is a fascinatingly tone deaf interview. It's like they have no moral compass, whatsoever, and it's not even questioned.

  • @danielosullivan2677
    @danielosullivan2677 ปีที่แล้ว +3

    Such a bad take on this situation

  • @csp103
    @csp103 ปีที่แล้ว +1

    The Sam Bankman-Fried character Michael describes definitely has characteristics of sociopathy or even psychopathy - care should be taken not to idolize such dreck.

  • @kadirs377
    @kadirs377 ปีที่แล้ว +2

    I regret buying his book

  • @rockerdude86
    @rockerdude86 ปีที่แล้ว +4

    Someone else is gonna have to write the movie version.

  • @TheGppablo
    @TheGppablo ปีที่แล้ว +2

    Michael Lewis new book is going to be on how to squander somebody´s reputation

  • @johndeere3486
    @johndeere3486 ปีที่แล้ว +2

    Lewis sat next to Sam and “didn’t see a thing”
    while any rationale person could look at a currency backed by ‘who can waste the most CPU cycles the fastest’ was a scam
    And he’s on intelligence squared … truly ridiculous

  • @Sarah-re7cg
    @Sarah-re7cg 11 หลายเดือนก่อน

    28:10…shouldn’t that book be considered idk, evidence?

  • @davidcostley8260
    @davidcostley8260 ปีที่แล้ว +2

    Michael has a bromance

  • @foodieworld8833
    @foodieworld8833 ปีที่แล้ว +1

    Michael Michael, you got to be serious!

  • @Exar_Kun
    @Exar_Kun ปีที่แล้ว

    I wonder if Michael Lewis has a “soft spot” for sbf, after they spent a substantial amount of time together, and might see sbf as a “surrogate son” especially since Michael Lewis tragically lost his daughter in an accident a couple years ago.
    Not saying Michael Lewis is right but just speculating if maybe that played a part on how he views sbf.

  • @marieleal9412
    @marieleal9412 3 หลายเดือนก่อน

    Atrocious camerawork

  • @apollothirteen9236
    @apollothirteen9236 ปีที่แล้ว

    Free SBF! No justice, no peace!

  • @snowonmars3520
    @snowonmars3520 ปีที่แล้ว

    Posting 30 minutes online
    Full convo on the website
    What

  • @tomknoll796
    @tomknoll796 ปีที่แล้ว +2

    It's rather amazing to me to see how many people making comments here, watch this and jump to the erroneous conclusion that Lewis is some kind of an apologist for SBF....Lewis is quite clear about his views that SBF has ended up exactly where he belongs.....smh

    • @bethburn3237
      @bethburn3237 ปีที่แล้ว

      Notice you are the only person saying that? He repeatedly mused why, if bankruptcy attorneys can salvage the money and investors are made whole, should he be fully prosecuted for the money that investors will eventually get back. He went to write a book with Sam as hero and couldn’t shift when it was clear to everybody Sam was a fraudster.

    • @seanwebb605
      @seanwebb605 11 หลายเดือนก่อน

      @@bethburn3237 That's a gross misrepresentation of what he has written in the book and said publicly.

    • @seanwebb605
      @seanwebb605 11 หลายเดือนก่อน

      They're absolutely mad but feel validated as the mob grows bigger.

  • @mikimarkos4696
    @mikimarkos4696 ปีที่แล้ว

    nerds are fascinating 😂😂 One cant't talk, the other one doesn't have facial expressions

  • @djmartens123
    @djmartens123 ปีที่แล้ว

    There is no such thing as "effective altruism". Might as well call it "trickle down altruism". Completely ridiculous premise to begin with.

  • @hudaa.ebrahim532
    @hudaa.ebrahim532 ปีที่แล้ว +1

    All this time and effort to talk about this fraud!!

  • @brucekellett440
    @brucekellett440 ปีที่แล้ว

    wow, I watched this video after reading the comments and all I can say is don't judge a book by its cover. Very entertaining video which explains how something like this keeps on happening...

  • @PeterWilliamson-nn9et
    @PeterWilliamson-nn9et ปีที่แล้ว

    dogcoin, spacefit, ,don’t think SBF was the only one, doing these pump and dumps

  • @wendymiller3364
    @wendymiller3364 ปีที่แล้ว +3

    This author drank the kool-aid 😂

  • @wwspic36
    @wwspic36 ปีที่แล้ว +2

    Boy has he drunk the Kool-Aid!

  • @sTL45oUw
    @sTL45oUw ปีที่แล้ว

    I don't like this attempt to get me to go somewhere else

  • @exponentmantissa5598
    @exponentmantissa5598 ปีที่แล้ว +3

    How much is Lewis being paid? This is pure fiction that he is peddling.

    • @seanwebb605
      @seanwebb605 11 หลายเดือนก่อน

      You're enjoying conspiracy theories.

  • @FPOAK
    @FPOAK ปีที่แล้ว +2

    Michael Lewis is always interesting to listen to. Even when sitting next to a host doing her best to knock him off every train of thought

    • @venericanone
      @venericanone ปีที่แล้ว +5

      Very interesting how much he's still shilling for the con man

    • @FPOAK
      @FPOAK ปีที่แล้ว +1

      @@venericanone Can you give a quoted example? I’m not saying he’s irreproachable, but it sure seems like the internet’s eagerness to repeat the Current Population Opinion is outpacing the number of people who have read the book

    • @venericanone
      @venericanone ปีที่แล้ว

      @@FPOAK you actually think SBF isn't a con man?

  • @charleslewis6815
    @charleslewis6815 ปีที่แล้ว

    A fool and his money are soon parted..😊

  • @scrubbwhite291
    @scrubbwhite291 ปีที่แล้ว

    Lewis is a front man for SBF. All his good comments about Sam are ridiculous.

    • @seanwebb605
      @seanwebb605 11 หลายเดือนก่อน

      Bull.

  • @myrnatan8720
    @myrnatan8720 ปีที่แล้ว +1

    Michael Lewis is delusional

    • @seanwebb605
      @seanwebb605 11 หลายเดือนก่อน

      You're projecting.

  • @MowFaux
    @MowFaux ปีที่แล้ว

    over easy egg well done

  • @jstohler
    @jstohler 11 หลายเดือนก่อน

    Lewis drank all the Koolaid.

  • @usaintltrade
    @usaintltrade ปีที่แล้ว +3

    G🎉

  • @kshitijgupta4504
    @kshitijgupta4504 ปีที่แล้ว

    Hubris

  • @steveperreira5850
    @steveperreira5850 ปีที่แล้ว

    Joo Foo Yoo Loo!

  • @jeanmorse3412
    @jeanmorse3412 ปีที่แล้ว +2

    Poor Lewis.. Scammed by the Best, Good ole Scam Sam.

  • @bettycattk5298
    @bettycattk5298 ปีที่แล้ว

    Any psychologist worth his/her education would know almost immediately that he is a psychopath!!!!

  • @steve-from-toronto
    @steve-from-toronto ปีที่แล้ว

    Sadly, Lewis is being revealed as a puffery artist full of big proclamations that sound good but are pure fantasy. Another Malcolm Gladwell.

    • @seanwebb605
      @seanwebb605 11 หลายเดือนก่อน

      You have serious problems.

  • @patrickmaloney7296
    @patrickmaloney7296 ปีที่แล้ว

    This dude drank all the Flavour-Aid

  • @kurtrambus2728
    @kurtrambus2728 11 หลายเดือนก่อน

    Take your money and disappear hack.

    • @seanwebb605
      @seanwebb605 11 หลายเดือนก่อน

      Get over yourself.

  • @Thecaptainblackadder
    @Thecaptainblackadder ปีที่แล้ว

    Key criteria for hiring for traders position at Investment banks is the ability to thrive under chaos.
    Psychopaths do well under chaos where everyone else is frozen.
    That explains the number of psychopaths who get elevated in these places.

  • @markdittbenner9949
    @markdittbenner9949 ปีที่แล้ว +1

    Fascinating..

  • @csxcobracsxcobra334
    @csxcobracsxcobra334 ปีที่แล้ว +1

    AFTER LEWIS DOES 5 YEARS IN FEDERAL PRISON, WE WILL GET THE TRUTH.....................HE CAN WRITE A BOOK ABOUT IT.

  • @danielhutchinson7073
    @danielhutchinson7073 11 หลายเดือนก่อน

    You got played, Lewis. You got conned.

  • @AndreAnyone
    @AndreAnyone ปีที่แล้ว +2

    Boycott Michael Lewis for the rest of my life

    • @seanwebb605
      @seanwebb605 11 หลายเดือนก่อน

      I'm guessing that the writing is too complicated for you anyway.

    • @AndreAnyone
      @AndreAnyone 11 หลายเดือนก่อน +1

      @seanwebb605 aww did I insult your boyfriend? You little beta male c u mm guzzler lol 😆 😜 yo mad bro?

    • @AndreAnyone
      @AndreAnyone 11 หลายเดือนก่อน +1

      @@seanwebb605 lol beta male, did I hurt your feelings? Drink another glass of Soy Milk lol

  • @camd5348
    @camd5348 ปีที่แล้ว

    I have always like Lewis's books. Unfortunately he seems either to be a fan boy or he was paid off. Almost nothing of what he says is true at all. Then there is the blindside. Lewis might as well be a fraudster.