This book was really good. I definitely got the message Michael Lewis was trying to get across. Wallstreet should be around to efficiently deploy capital. It's way less profitable to do that sort of thing now, and so there's been a creation of business that has a sole purpose of making some big bets. This is fine in some sense, but it creates no real value. It's in essence just using lots of services to create complicated gambling. We should work as a society to try and limit this.
We've all got to take a deeper look at this stuff and not just push the burden of understanding how and why these businesses exist to other people. If we all took a bit more personal responsibility in understanding this stuff, then we could more easily change it.
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