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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.



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.


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


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

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