Mar 21, 2023MCC55 rated this title 4 out of 5 stars
I enjoyed reading this, although some of it went over my head. The author is on a crusade against high frequency trading in the stock market, but many years later it still is common practice and not everyone agrees that it is unethical.
May 10, 2021DanglingConversations rated this title 4 out of 5 stars
This is a griping read, and I could not put it down despite not understanding some of the technical details about how the Wall Street Scamming was working. Amazing how much white collar crime and client gouging is going on in the complex…
Mar 18, 2021rebho1wt rated this title 4 out of 5 stars
Another fun book from Michael Lewis. While "The Big Short" showed the complexity of the subprime mortgage loan trading, "Flash Boys" shows the intentional complexity of electronic trading. Lewis does a good job explaining some of the more…
Another great book from Michael Lewis, but unlike his usual books which focus on the scandals that happen on Wall Street, this book looks at the very legal but “unfair” practices done by high frequency traders on Wall Street. It tells the…
Jan 03, 2019Tuanis rated this title 2.5 out of 5 stars
I enjoy his writing style. This one shows you how deeply rooted is the corruption of Wall Street. HFT does not bring liquity to the market, it brings money to their pockets.
Dec 09, 2015Raschafe rated this title 5 out of 5 stars
If you are interested in finance/trading stocks this book will definitely get your attention. Michael Lewis describes in detail the process behind the scenes when you push the buy/sell order button on your brokerage account. It will…
Oct 05, 2015MaryMcCauley rated this title 5 out of 5 stars
Fascinating story about Canadian Brad Katsuyama and crew`s adventure to solve a Wall Street puzzle. How they mapped, solved and shared that information. Practical examples of individual complex areas made the story quick and easy to…
Sep 29, 2015jimg2000 rated this title 5 out of 5 stars
My original comments and quotes disappeared but recall that Lewis hooked me from the very beginning, with the mystery of laying down pipes that seemed to go nowhere before letting on the rest of the story. Though full of insider…
Dec 23, 2014FaridMash rated this title 5 out of 5 stars
The very heart of capitalism -- the stock market -- is rigged. That's the ultimate gist of the book.
Michael Lewis tells the story of Brad Kasuyama (a Canadian) who figures out how deeply the market is flawed and how badly investors are…
Dec 19, 2014rpavlacic rated this title 4 out of 5 stars
If you think the stock market is fair for ordinary Joe and Jane Blows like you and me, you'll change your mind after reading this book. It's shocking the SEC does nothing to stop this chicanery.
If you are an investor then this is a must read. You are most likely being screwed out of your investment dollars by the 'big banks' and others. Although Brad Katsuyama, the man who figured out the illegal trading practises, originally…
Jul 20, 2014writermala rated this title 5 out of 5 stars
This non-fiction book reads like a thriller. Michael Lewis explains how High frequency traders on Wall Street exploit the speeds of networks to act as predators preying on small and average investors. You may be like me, a very small…
Good read... told so a layman can understand the machinations of dark pools, high frequency traders, and flash crashes. Glad I read the book before Hollywood "Argo-izes" the Canadians out of the recounting.
May 11, 2014jimg2000 rated this title 4.5 out of 5 stars
Well told story which explained the mysteries of recent Wall Street anomalies as in flash crashes, dark pools, prop trades, HF traders, liquidity vs activity, those 100 share orders ... etc. No wonder SEC and NY Attorney General announced…
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Flash Boys