Michael Lewis
Hardcover | Pages: 288 pages Rating: 4.15 | 62857 Users | 3925 Reviews
Present Books In Favor Of Flash Boys: A Wall Street Revolt
| Original Title: | Flash Boys: A Wall Street Revolt |
| ISBN: | 0393244660 (ISBN13: 9780393244663) |
| Edition Language: | English URL http://michaellewiswrites.com/index.html#flash-boys |
| Literary Awards: | Financial Times and McKinsey Business Book of the Year Nominee for Longlist (2014), Goodreads Choice Award Nominee for Business Books (2014) |
Relation Toward Books Flash Boys: A Wall Street Revolt
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. 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. 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. This they do by creating an exchange in which high-frequency trading—source of the most intractable problems—will have no advantage whatsoever.
The characters in Flash Boys are fabulous, each completely different from what you think of when you think “Wall Street guy.” Several have walked away from jobs in the financial sector that paid them millions of dollars a year. 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. But in the end, Flash Boys is an uplifting read. Here are people who have somehow preserved a moral sense in an environment where you don’t get paid for that; they have perceived an institutionalized injustice and are willing to go to war to fix it.
Declare Regarding Books Flash Boys: A Wall Street Revolt
| Title | : | Flash Boys: A Wall Street Revolt |
| Author | : | Michael Lewis |
| Book Format | : | Hardcover |
| Book Edition | : | Anniversary Edition |
| Pages | : | Pages: 288 pages |
| Published | : | March 31st 2014 by W. W. Norton Company |
| Categories | : | Nonfiction. Business. Economics. Finance. History |
Rating Regarding Books Flash Boys: A Wall Street Revolt
Ratings: 4.15 From 62857 Users | 3925 ReviewsCritique Regarding Books Flash Boys: A Wall Street Revolt
"The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund BurkeSo the suspicions were right, it would appear. The US stock markets were rigged, controlled by a select few individuals. And if not all, atleast some of the biggest guys on Wall Street were in the know, actively participating in this money-spinning venture. Perhaps this whole scheme would have gone on indefinitely, swindling big & small investors alike of billions unless someone stood up for whatThe days of men in the bear pit screaming prices at each other are long gone in the stock markets, now days it is all controlled by computers. These are so valuable that they are hidden well away and guarded by heavily armed men, and not even the experts know exactly what happens in these dark pools.Those that do know wont tell either, as they are making an absolute fortune.This market, that we have been assured is open and fair, is rigged. And the key that unlocks the money chest now is speed.
while this was an interesting and well-written read, it seems to be severely lacking in evidence and more akin to an attempt to shift public opinion for the benefit of certain interested parties. the starting premise is that brad thinks hft is bad, and from there it's just assertions and statements like "see, we found out this or that kind of thing is happening, i told you hft is bad" without really explaining what is bad. seems like a thinly veiled ad to drum up business on the "fair" exchange.
Michael Lewis really could write a 700 page expose on corruption in the paperclip industry and I would be lining up to buy it. He is the only person that can make a page-turning experience out of the shadowy world of high-frequency trading (HFT). Lewis recruits the perfect guides to help him unlock the smoke and mirrors games played in the unfathomable complexity of the US stock exchange. In this book (and almost all Lewis' books) the geek, the social outcast, the whistle-blower, the introverted
Shining a light creates shadows Michael Lewis, Flash Boys There was a temptation to write my review before I had finished reading. To get there first before other reviewers. This race to be first, however, sometimes requires a pause, a reflection, about what speed, transparency, fairness actually requires from individuals and companies. The world of finance is often opaque. Between executing a trade with your broker and another individual accepting that trade through their broker there is a
Honestly investment and stock exchange is something that bores me to death so I was putting off having to read this one for a while and today I forced myself to get it over with. I was surprised to find that the book was really interesting though, I had no clue about High Frequency Traders or dark pools or even the arrest of Sergey Aleynikov which is honestly absurd. I think the information was accessible and easy to understand but I don't think it would be interesting to anyone who didn't have
Not all problems are equally deserving of moral outrage and high dudgeon, but it seems that Lewis only knows how to write at one pitch these days. Whatever the rights and wrongs of high frequency trading are, it's not the mortgage market (which Lewis treated in the Big Short), and it's really not a populist issue (although Lewis does his best to whip up a frenzy at the injury to Mom and Pop, it's entirely unclear that Mom and Pop play any role in this story at all - this is really a story of
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