Welcome to Bookmarker!

This is a personal project by @dellsystem. I built this to help me retain information from the books I'm reading.

Source code on GitHub (MIT license).

The Japanese were a protected species, and I think they knew it. Their homeland, as a result of its trade surpluses, was accumulating an enormous pile of dollars. A great deal of money could be made shepherding these dollars from Tokyo back into U.S. government bonds and other dollar investments. Salomon was trying to expand its office in Tokyo by employing experienced locals Here was the catch. Japanese tend to spend their lives with one Japanese company, and the more able ones normally wouldn't dream of working for an American firm. In joining Salomon Brothers, they traded in sushi and job security for cheeseburgers and yuppie disease, which few were willing to do. The rare Japanese whom Salomon had been able to snatch away were worth many times their weight in gold and treated like the family china. The traders who spoke to us never uttered so much as a peep against them. In addition, while Salomon Brothers was otherwise insensitive to foreign cultures, it was strangely aware that the Japanese were different. Not that there was a generally accepted view of how they might be different.

—p.55 Learning to Love Your Corporate Culture (39) by Michael Lewis 1 month ago