Going Infinite: FTX & Crypto Tycoon Sam Bankman-Fried's Downfall w/ Michael Lewis | Technovation 816

Effective Altruism = stealing money from poor ppl to buy luxury mansions for yourself😂😂 Michael Lewis never got it

Sorry Lewis, but we bought Number Go Up instead.

Sam’s totally on the spectrum. But he’s a crook because he knew what he was doing was wrong and doubled down.

Going Felon would be more Apt.....or how about Going To Prison.

Unfortunately to make the money you have to step on all of our backs, creating the conditions that impoverish us in the first place.

It is amazing to see that after all he saw and despite the undeniable guilty veredict, the author still talks with admiration about the guy as if was a weird but decent person. Thanks for saving me the time and the money to read this book

Sam is lacking moral character. His parents failed him. That’s why he’s in trouble. Mr. Lewis fails to comprehend the many lives SBF destroyed.

The problem with Effective Altruism is its a feel good about yourself excuse for making obscene amounts of money and telling yourself that as soon as I make a few more dollars for myself I'll start giving some away to help people that need it worse than me. In other words you get rich by stealing from poor people and keeping it for yourself.

Sam 'borrowed' a billion dollars (thousand million) and 'invested' this for himself not to give back any profits. Half a billion went into an AI group which is now worth over 2 billion. He would only ever have paid the initial half billion back.

These writers are great literary characters , they are completely incapable of seeing the moral abyss of their subjects, the fact that they can’t see this guy as a grade A con artist is so entertaining, the kid was clearly clever but was no more than an over stimulated thief

The guy is just a goober who stole billions of dollars, luckily the jury weren't as stupid as this guy...

I was in court and watched a judge fine and put a woman on probation for writing a bad check to a grocery store. This guy has drank the kool aid.

19:20 the flaw in the logic is effective altruism is a function of continually depreciating currencies. In a parallel financial universe without depreciating currencies charities, non profits, and EA cease to exist, because they don’t need to exist.

SBF Defense was to try and paint a picture of a failed business and a legitimate bankruptcy after all SBFs "best efforts." The jury did NOT agree! This book is going to get the worst reviews ever and Lewis should stop going on these book tours and creating videos to market it and save himself some real embarrassment. The lawsuits against SBF will continue for years, none of it in a favorable light to SBF. Im going to check out the Amazon and Good Reads reviews, anticipating nothing but scorn for this "letter to the jury." In some sense this book is a con like SBF himself, making me wonder if Lewis was bought by SBF like all the other discredited celebrities who duped the gullible.

Someone should write a book about Michael Lewis, he starts off his writing career writing about himself and his apparent favoring of morality vs making money, and now he's writing and talking about glowing reviews of people who favor money over morality as some kind of hero. So strange. It's the story of a transformation from valuing morals to valuing only money accumulation by any means possible. Lewis is the main character in his own book about the decline of morality in business. And such a wierd comment that the Flash Boys character was too GOOD to be a good character. whaaaat?

Wow! Took me 12 seconds listening in the right spot to see what star-crossed loverbirds Sam and Micheal have in common: they're the two people on Earth who most strongly believe in doubling down on an extinction-level disaster!

Michael Lewis fell for the cool aid. The scary thing is that Brad Katsaruma almost fell for SBF. At least Brad dodged a bullet thanks to Lewis, but Lewis didn't exactly, assuming his book tanks.

Hmmm. Interesting perspective.

How to dress up for an interview .

SBF was found guilty on ALL charges in 3.5 hours. That should REALLY boost sales of his book, lol. Just hope he was paid a good sum to shill for SBF, like Kevin O was. And not paid in FTT either.