As an Amazon Associate I earn from qualifying purchases.

"Flash Boys" by Michael Lewis

book review by Riley Burnham 9/16/2022

great book; a TON to learn here

long-story short: Wall Street (stocks) is rigged, w/ the advantage going toward high-frequency traders & their underlying technology [supported by the banks of course]

the book demonstrates the initial difference in successes between those w/ micro-second advantages [scalping from trades so quickly it can hardly be detected/traced]

the book then explores a handful of people that identified the rigging & set out to create their own exchange, which is pretty neat

​​​​​​​it profiles a programmer who was arrested after saving some files before leaving his employer, & finishes w/ his statements as reflections & insights from time-served [how it changes one's mind]

​​​​​​​it's fair to conceptualize the stock market as a carnival game set completely against the player [who has that money-stuff people want]

this was my third consecutive Michael Lewis [audio]book & i'll continue reading his work, w/ great interest