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February 7, 2007

News & Opinion: Market Inefficiencies

By: Dylan Schleicher @ 6:38 PM – Filed under: Current Events & Public Affairs, Personal Development & Human Behavior

I have been walking around with a October issue of Fortune in my bag for months. There is a special section in the 10/30/06 edition called Secrets of Greatness. The Q&A with Michael Lewis is what has kept in my bag. The economist-turned-author has written Liar's Poker, Moneyball, and most recently The Blind Side.

This shows what a good journalist can do with the right questions. I think the lead-off sets a great tone for the whole piece:

The stars of your books typically find ways to capitalize on market inefficiencies. Is contrariness necessary for greatness?

True greatness requires an ability to respond to challenges and overcome difficulties and suffer and endure - and to think under pressure and act under pressure. America is built on ambition. And there are these little arenas of ambition in the country. There's Hollywood. There's Wall Street. There's Silicon Valley. There's Washington in politics. There's professional sports. And those arenas of ambition - they tend to become ossified. When someone walks into one of those arenas and takes it on, I find that very appealing and healthy.

About Dylan Schleicher


Dylan Schleicher has been a part of the 800-CEO-READ claque since 2003. Even though he's stayed on at the company, he has not stayed put. After beginning in shipping & receiving, he joined customer service and accounting before moving into his current, highly elliptical orbit of duties overseeing the ChangeThis and In the Books websites, the company's annual review of books and in-house design. He lives with his wife and two children in the Washington Heights neighborhood on Milwaukee's West Side.