A fascinating story of how greed and opportunism and raw technology create a financial system where milliseconds are worth millions, so complex only a few can understand. A few people out of a sense of fairness undermine this system by refusing to play along. Will the high-speed boys be exposed and discredited? The book ends with hope but by no means any certitude.
Sunday, November 9, 2014
Flash Boys by Michael Lewis
A fascinating story of how greed and opportunism and raw technology create a financial system where milliseconds are worth millions, so complex only a few can understand. A few people out of a sense of fairness undermine this system by refusing to play along. Will the high-speed boys be exposed and discredited? The book ends with hope but by no means any certitude.
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