“Here was a strange but true fact: The closer you were to the market, the harder it was to perceive its folly.”
Source: The Big Short (2010), Chapter Three, " How Can A Guy Who Can't Speak English Lie?", p. 91
Help us to complete the source, original and additional information
Michael Lewis 40
American writer 1960Related quotes

Part I, Chapter II, Government and Surplus Stocks, p. 28
Storage and Stability (1937)

New millennium, An Enjoyable Life Puzzling Over Modern Finance Theory, 2009
Reported in Judaism and Vegetarianism by Richard H. Schwartz (New York: Lantern Books, 2001), in the “ Statements of support https://archive.org/stream/JudaismAndVegetarianism#page/n3/mode/2up” section.

From a lecture, "Beauty and the Quest for Beauty in Science" given at the International Symposium in recognition of Robert R. Wilson on April 27, 1979 at the Fermi National Accelerator Laboratory, Batavia, Illinois.

“What counts is not so much the fact as what the public perceives to be the fact.”
Source: A Distant Mirror (1978), p. 291