There was a time when I would’ve told you there was no writer who I trusted more than Michael Lewis, author of more bestselling nonfiction books than I can count, including “Moneyball,” “The Blind Side,” “Flash Boys” and “The Big Short.” Lewis has been particularly insightful when it comes to matters of finance.
In fact, it appears that whatever success that FTX enjoyed — celebrity endorsements, Super Bowl Ads — was entirely illusory, not a good idea gone bad, but a non-idea that was destined to collapse. The story seems more like Theranos, memorably exposed by John Carreyrou in “Bad Blood: Secrets and Lies in a Silicon Valley Startup,” than one of Lewis’ typical underdog/iconoclast tales.
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