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Barry interviews Michael Lewis – The Reformed Broker

July 11, 2024
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Barry interviews Michael Lewis – The Reformed Broker


Posted October 8, 2023 by Nicole Samoroukova

My partner Barry Ritholtz speaks to Michael Lewis, whose latest book is “Going Infinite: The Rise and Fall of a New Tycoon,” on FTX founder Sam Bankman-Fried.

Lewis has been the subject of a massive uproar on social media for the way his book portrays SBF and the way he’s spoken about his subject during the promotion tour, specifically on ’60 Minutes’ last Sunday. Michael seems to have a soft spot in his heart for the boy wonder who turned out to be one of the biggest financial frauds in American history. I guess it’s hard for Michael Lewis to make the turn from “This guy’s a genius” to this “This guy’s the new Madoff” after shadowing him for three years. He loves these outsider oddball characters and he apparently isn’t scathing enough in the aftermath of the crime’s discovery. I think he set out to write one book, wrote it, then the whole thing unraveled and he had to adjust what he had written. He probably should have changed the title of the book in light of how much bigger the crime is than anything else about the story. If it were titled “Bahamas Ponzi Nerd Orgy”, he probably wouldn’t be getting this much criticism.

Anyway, listen to the conversation and judge for yourself. Or read the book, get it here.

You can listen to the whole thing below:

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.


HowIInvestMyMoney



Credit goes to @thereformedbroker.com

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