Flash Boys – by Michael Lewis

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Flash Boys – by Michael Lewis, 271 pps., (2014)

 

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What I found most amazing about this book

This book is pertinent because it highlights a segment of the financial world that seems to have a great propensity to make money regardless of consequences.  Just the concept of spending the time and investment to install a “super speedy” stock trading line from (Point A to Point B) Chicago to New Jersey is amazing.

What I DIDN’T like about this book

It’s not something I didn’t like about the book, but rather the unlikeable tendency we humans have.  That is – the built-in greed button to “WIN at all costs” and the extent to which we can risk everything we have in order to satisfy that urge to make a buck.  It ends up costing ourselves and others (who entrust us with their investment capital).

Whom would I recommend to read this book

I would definitely recommend this book to anyone who has an interest in working in any capacity in the stock trade.  It is both eye-opening and a great discourse (as always in Michael Lewis books), on the “game within the game.”  It is both any exciting read and makes the reader twice about what might be going on in his or her trusted trader’s investment strategy…

Any thoughts?

-A.N.

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