Flash Boys
Ratings109
Average rating4.2
'The greatest story of our age ... Be very afraid' John Arlidge, Sunday Times Michael Lewis's epic bestseller tells the outrageous story of the multi-millionaires and whizz kids who scammed the banking system in the blink of an eye - and the whistleblowers who tried to stop them. It's hilarious, terrifying and it's all true. 'Thrilling, a masterclass' Robert McCrum, Observer, Books of the Year 'Jaw-dropping, astonishing ... Lewis has lit the touch paper' Liam Halligan, Spectator 'The kind of writer who creates his own weather system' John Lanchester, London Review of Books 'I read Michael Lewis for the same reasons I watch Tiger Woods. I'll never play like that. But it's good to be reminded every now and again what genius looks like' Malcolm Gladwell
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If you ever listened to the Radiolab episode about high frequency trading, you should give this a listen. Lewis goes into much more detail on the same subject, including the concept of “dark pools” which I was unaware of. It's crazy how differeny things are from when I learned about the stock market in high school, but this one does an entertaining job of explaining why.
Fascinating
Great material and story about the good guys trying to fight a behemoth of a problem that's seems to be the legal version of what the dudes in office space tried to accomplish-only on the scale of the entire stock market.
An eye-opening and shocking read. Sadly, though IEX still exists it appears to have created very little impact in the corrupt stock market.
