HR Capitalist/FOT Webinar This Thursday: The 5 Faces Managers See During Performance Reviews...
Did Charlie Sheen Make Narcissistic Employee Behavior More Tolerable?

PREACH IT: A Home Without Equity is Just a Rental With Debt....

Michael Lewis is a great writer.  Be a better HR Pro by reading his classics, which include Moneyball and The New, New Thing.  His latest is The Big Short, which chronicles the Wall Street culture that led to the stock The-Big-Short market crash of 2008.  

As with most things business-related, the talent and HR quotes are everywhere in this book.  Here's a great one from an investment banker named Greg Lippman:

"Senior management's job is to pay people.  If they #@## a hundred guys out of a hundred grand each, that's ten million more for them. They have four categories: happy, satisfied, dissatisfied and disgusted.  If they hit happy, they've screwed up: They never want you happy.  On the other hand, they don't want you so disgusted you quit.  The sweet spot is somewhere between dissatisfied and disgusted."

Need another happy quote from The Big Short on a Friday?  How about this:

"A home without equity is just a rental with debt".

Word to your mother.  Try to stay somewhere between happy and satisfied next week, suckers...

But read the book.  Those aren't Lewis quotes, he's simply reporting.  He's money.

Comments

akaBruno

If Lewis' book, doesn't get you both angry and depressed, try reading Matt Taibbi's "Griftopia."

Bob Corlett

It is a gifted writer indeed who can be so entertaining as he describes how a tiny number of people ripped off the entire world.

JA_Holland

Nice timing, just finished this book yesterday. Great read. Lewis is a amazing story teller.

Mike

Agreed! Also try reading "Liars Poker". Same story but from a different perspective.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)