Point Regarding Books Flash Boys: A Wall Street Revolt
| Title | : | Flash Boys: A Wall Street Revolt |
| Author | : | Michael Lewis |
| Book Format | : | Hardcover |
| Book Edition | : | Deluxe Edition |
| Pages | : | Pages: 288 pages |
| Published | : | March 31st 2014 by W. W. Norton Company |
| Categories | : | Nonfiction. Business. Economics. Finance. History |
Michael Lewis
Hardcover | Pages: 288 pages Rating: 4.15 | 62857 Users | 3925 Reviews
Chronicle To 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.
Describe Books Concering 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) |
Rating Regarding Books Flash Boys: A Wall Street Revolt
Ratings: 4.15 From 62857 Users | 3925 ReviewsWrite Up Regarding Books Flash Boys: A Wall Street Revolt
The new book by Michael Lewis criticizing high-frequency trading has created quite a stir. Im imaging what a PR response might look like, though not an entirely serious one. Its structured in FAQ format, but the questions arent really frequently asked so much as ones Id like to answer. The ideal audience would be the inquiring readers of Flash Boys open to a counterbalance.Q: Who is this Michael Lewis guy and why has this book been making such a splash?Lewis is an influential writer with aBestselling Berkeley author Michael Lewis has been spending a lot of time in the East lately. After researching and writing his blockbuster fifteenth nonfiction book, Flash Boys, currently the countrys #1 best seller, hes now juggling interviews and appearances triggered by the fallout. I cant recall any book that has ever before struck such fear into the denizens of Wall Street.Flash Boys tells the tale of the arcane and long-secret phenomenon known as high-frequency trading (HFT). The book
wow. definitely Lewis's best book since Moneyball or Liar's Poker, though I'm waiting to talk to some high-frequency trading friends before i make final judgments. definitely a hell of a book to read here in Lower Manhattan, in the shadow of Wall Street, before going in for an interview at Goldman Sachs. lots of great quotes and superb little vignettes and character studies (the hallmark of Michael Lewis reporting). quite a bit seemed to have been recycled from his pieces for Vanity Fair over
I'm a longtime fan of Michael Lewis, but with this book he's finally jumped the shark. Reading this book I found myself at first laughing with Lewis, then laughing at Lewis, and then wanting to throw the book in the trash, because he gets the history of HFT completely wrong. Instead of listing my complaints I'd direct readers to better analyses, like these from Manoj Narang, Cliff Asness, Matt Levine, Matthew Phillips and Michael Peltz.Lewis would do well to heed the advice of (his cousin)
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
On Reading & RatingFor my money (which, since I'm neither a Wall Street tycoon, nor a Russian coding genius, isn't a whole heck of a lot) this isn't Michael Lewis' best work. My reading experience was a mix of fascination and frustration. Why the latter? Lewis covers (and condemns) a whole bunch of different things. Agreement aside, as a human who reads books, this lack of distinction is what resulted in the bulk of my star-docking (I'd give it a 2.5/5 if half-stars were street legal
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