Here is Sorry Television’s review of Flash Boys by Michael Lewis. Flash Boys is Lewis’s most recent book about Wall Street. Flash Boys could be best described as a non-fiction mystery book. It examines how one man and stuffy Canadian bank unraveled the mystery of high frequency trading and attempted to help their clients avoid a rigged market. Check out Sorry Television’s review.
I know, I know–reviewing Flash Boys is so last week. But I approach my reading the way I approach my running: Don’t worry about what everyone else is doing, just get there in your own time. (Incidentally, this is also how I approach fashion, new music, travel, food fads, and pool.)
If you’ve managed to miss out on the Flash Boys Extravaganza (which sounds like a raunchy Chippendales show), it goes like this: Michael Lewis, best known for writing the seminal Wall Street memoir Liar’s Poker, as well as The Blind Side and Moneyball, published a book about high-frequency trading in which he said, essentially, that the stock market is rigged against the average investor. Flash Boys, which primarily investigates high-frequency trading through the eyes of Royal Bank of Canada whiz kid Brad Katsuyama, unpacks the wonky details of HFT to a damning conclusion: Firms are exploiting technological and regulatory…
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