Flash Boys
| Author | : | |
| Rating | : | 4.92 (530 Votes) |
| Asin | : | 0393244660 |
| Format Type | : | paperback |
| Number of Pages | : | 288 Pages |
| Publish Date | : | 2015-06-20 |
| Language | : | English |
DESCRIPTION:
But in the end, Flash Boys is an uplifting read. Working at different firms, they come to this realization separately; but after they discover one another, the flash boys band together and set out to reform the financial markets. stock market has been rigged for the benefit of insiders and that, post–financial crisis, the markets have become not more free but less, and more controlled by the big Wall Street banks. Four years after his #1 bestseller The Big Short, Michael Lewis returns to Wall Street to report on a high-tech predator stalking the equity markets.Flash Boys is about a small group of Wall Street guys who figure out that the U.S. From their new vantage point they investigate the big banks, the world’s stock exchanges, and high-frequency trading firms as they have never been investigated, and expose the many strange new ways that Wall Street generates profits.The light that Lewis shines into the darkest corners of the financial world may not be good for your blood pressure, because if you have any contact with the market, even a retirement account, this story is happening to you. This they do by c
Shawn said A true snapshot in a still evolving financial world. I retired from the hedge fund world and I can tell you that this book is mostly on target. For those who deny that HFT (high-frequency trading) is a rigged game, either they are un-informed or disingenuous.It wasn't always like this. There was a time, when a bid was a bid, and an ask was an ask. If you liked the ask, you could hit the buy button and have a buy order conf. Does your pocket feel picked? One of the things I enjoy about Lewis's writing is his ability to explain difficult and complicated subjects. This one on high speed stock trading was no exception. Even though I am in the financial services field, there are aspects of this topic that were totally mystifying. Glad to see I had a lot of company and glad to see steps are being taken to reduce the opportuni. The good guys of the book seem like noble people You can't go wrong with Michael Lewis. I've read a few of his books. You can tell he does his research and interviews. He knows enough about finance to write these kind of books, but he's distant enough to appear neutral. This is a fair book, he's not just being anti-rich or anti-establishment, but he's giving enough grief to the villains to make it enjoyable. The good g
He can untangle complex subjects like few others. “Michael Lewis is a genius, and his book will give high-frequency trading a much-needed turn under the microscope.” - Kevin Roose, New York Magazine“If you read one business book this year, make it Flash Boys.” - David Sirota, Salon“Dazzling… guaranteed to make blood boil… riveting.” - Janet Maslin, The New York Times“A beautiful narrative, so well-written. You’ve got to get this.” - Jon Stewart, The Daily Show“Important to public debate about Wall Street… in exposing what one of his central characters calls the ‘Pandora’s box of ridiculousnes
He lives in Berkeley, California, with his wife and three children. Michael Lewis, is the best-selling author of Liar’s Poker, Moneyball, The Blind Side, and Flash Boys.