When the award-winning author of “The Big Short,” “The Blind Side” and “Moneyball,” stopped by Yahoo Finance yesterday to discuss his latest book, “The Undoing Project,” he was predictably asked for his next "Big Short" idea. And, after downplaying the value of his opinion, and those of everyone else for that matter, Lewis offered up a rather surprising answer: "The NFL."
On our afternoon live show The Final Round, we asked Lewis what part of the market might become the next “big short.” He was hesitant to answer, saying, “You’re asking the wrong person. Everybody will be a little stupider, if I answer that question. Can I answer this way: When people roll in with some big prediction, and they actually seem really certain about it, be very suspicious of them… When people come at you and say, ‘Oh, this is the short,’ it’s an interesting exercise, but the more serious they are about their prediction, the less seriously you should take them.”
But after the live show, Lewis thought of the NFL: “The NFL has real business problems. The CTE issues… I’ll give you the next short: the NFL.”
http://www.zerohedge.com/news/2017-11-08/michael-lewis-reveals-his-shocking-new-big-short
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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