A Quote by Michael Lewis

Yet another hedge fund manager explained Icelandic banking to me this way: you have a dog, and I have a cat. We agree that each is worth a billion dollars. You sell me the dog for a billion, and I sell you the cat for a billion. Now we are no longer pet owners but Icelandic banks, with a billion dollars in new assets.
Bill Gates has 90 billion dollars ... If I had 90 billion dollars, I wouldn't have it for long because I would just dream of all the crazy stuff I could do with it. This guy, 90 billion dollars. He could buy every baseball team and make them all wear dresses and still have 88 billion dollars.
This sounds crazy, I know, but you can make a billion dollars - very few people do - but you can make a billion dollars on a product. It can be "Lion King," it can be "Simpsons," it can be "Family Guy," who knows what it is. Or you can make zero. But you can't make a billion dollars if you don't own it.
A billion dollars every week for Iraq, $87 billion for Iraq. We can't get $5 billion for childcare over five years in welfare reform.
In 2010, you have roughly 38 billion dollars spent by government on cyber and telecoms security and another 60 billion or so by private corporations. So approximately 100 billion dollars spent on security, mostly on technological solutions, which the corporates are offering governments in particular; it's a very high growth area. So everyone is climbing over each other to get the contracts for government procurement on this. There is undoubtedly an element of this and that's what encourages, in part, the whole idea of locking down the Internet.
If GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century.
A father and two sons run Adelphia. It's a cable company. And they took from that company a billion dollars. A billion. Three people - three people took a billion dollars. What were they gonna do, start their own space program? 'Let's send the monkey to Mars, Dad!'
If Twitter is worth seven billion next month, I'm happy for them to be worth six billion and spend a billion making it safer for people, for example.
Mathematicians also make terrible salesmen. Physicists can discover the same thing as a mathematician and say 'We've discovered a great new law of nature. Give us a billion dollars.' And if it doesn't change the world, then they say, 'There's an even deeper thing. Give us another billion dollars.'
The increase in the assets of the Federal Reserve Banks from 143 Million dollars in 1913 to 45 Billion dollars in 1949 went directly to the private stockholders of the [Federal Reserve] banks.
We are 6.6 billion people now. We can only feed 4 billion. I don't see 2 billion volunteers to disappear.
Hey, here's a way to stop suicide bombings - give the Palestinians a bunch of missile-firing Apache helicopters and let them and the Israelis go at each other head to head. Four billion dollars a year to Israel - four billion dollars a year to the Palestinians - they can just blow each other up and leave the rest of us the hell alone.
I don't believe $25 billion or $50 billion or $100 billion is going to change the way Detroit does business.
How is it possible that a process can be democratic when it comes by way of money? If there is money then it can be elected a senator, it can be elected a representative. Do you know how much it cost to be elected president of the United States? The amount has reached, billions of dollars, 2 billion, 3 billion, 4 billion dollars, that's how much a presidential campaign costs. How much does a senatorial campaign cost? It costs 80 to 90 million dollars; or the campaign of a representative, 40 to 50 million. Is that really a democracy?
When I was born, the world's population was 3.5 billion. There are now 6.8 billion people on the planet. By 2050, that's expected to rise to 9.4 billion. What's more, the Earth's resources aren't growing; they're decreasing - and rapidly.
Once I got to know what's been happening historically, it's pretty impossible to un-know it. Like right now, there's the outbreak of cholera in Haiti, and people see that as a news headline, but I know there's half a billion dollars of aid that one senator is putting a hold on, that the Red Cross has raised half a billion dollars but has only spent $200 million.
When I was a child, the Earth was said to be two billion years old. Now scientists say it's four and a half billion. So that makes me two and a half billion.
This site uses cookies to ensure you get the best experience. More info...
Got it!