Download Summary: Flash Boys PDF

Summary: Flash Boys

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Publisher : Must Read Summaries
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ISBN 13 : 2511035758
Pages : 9 pages
Rating : 4.7/5 (35 downloads)

Download Summary: Flash Boys PDF Format Full Free by BusinessNews Publishing and published by Must Read Summaries. This book was released on 2015-07-01 with total page 9 pages. Available in PDF, EPUB and Kindle. Book excerpt: The must-read summary of Michael Lewis' book: "Flash Boys: A Wall Street Revolt". This complete summary of the ideas from Michael Lewis' book: "Flash Boys" explains the increase of high-frequency trading (HFT) in the US market and Dan Spivey's project to connect a data centre in Chicago to a stock exchange in northern New Jersey by fibre optic cable. This summary points out the key ideas behind Lewis' book, such as the fact that speed has replaced the stability of the markets as the high-frequency traders' main objective. Added-value of this summary: • Save time • Understand the main indeas behind Lewis' book • Get an overview of high-frequency trading To learn more, read "Flash Boys" and discover more about high-frequency trading!


Download Summary of Flash Boys PDF

Summary of Flash Boys

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Publisher : BookSummaryGr
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ISBN 13 :
Pages : 28 pages
Rating : 4./5 ( downloads)

Download Summary of Flash Boys PDF Format Full Free by Alexander Cooper and published by BookSummaryGr. This book was released on 2023-03-26 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Flash Boys - A Wall Street Revolt - A Comprehensive Summary "Flash Boys: A Wall Street Revolt" by Michael Lewis is a non-fiction book that exposes the dark side of high-frequency trading (HFT) and its impact on the stock market. The book tells the story of a group of traders and entrepreneurs who were determined to challenge the corrupt and unfair practices of HFT firms, which use high-speed computers and algorithms to front-run the trades of ordinary investors and make huge profits at their expense. The book is divided into three parts. In the first part, "The Machine," Lewis introduces the reader to the world of high-frequency trading and the technology that makes it possible. He describes how the stock market has become a game of milliseconds, where speed is everything and the fastest traders win. He also introduces the main characters of the story, including Brad Katsuyama, a former trader at the Royal Bank of Canada (RBC), who becomes the leader of the group that challenges HFT. In the second part, "The Salamander," Lewis tells the story of how Katsuyama and his team discovered that the stock market was rigged against them and other ordinary investors. They found that HFT firms were using a practice called "predatory latency arbitrage," which allowed them to buy and sell stocks ahead of other traders by exploiting the time delay between different stock exchanges. Katsuyama and his team were determined to find a way to level the playing field and expose the unfair practices of HFT. In the third part, "The Wolf," Lewis describes how Katsuyama and his team created a new stock exchange, called IEX, that was designed to prevent HFT firms from front-running the trades of ordinary investors. IEX introduced a new system called a "speed bump," which added a delay of 350 microseconds to all trades, thus eliminating the advantage of HFT firms. The creation of IEX was a huge success, and it soon became one of the fastest-growing stock exchanges in the United States. Throughout the book, Lewis exposes the corrupt practices of HFT firms and the complicity of Wall Street banks and regulators in allowing them to operate. He shows how HFT has created a two-tiered market, where the most sophisticated traders can make huge profits at the expense of ordinary investors. He also highlights the importance of transparency and fairness in financial markets, and the need for reform to prevent abuses. One of the key themes of the book is the power of technology to disrupt and transform industries. Lewis shows how the rise of HFT has fundamentally changed the nature of the stock market, and how new technology can be used to challenge and overcome the unfair practices of entrenched players. He also highlights the role of entrepreneurship and innovation in driving change and creating new opportunities. Here is a Preview of What You Will Get: ⁃ A Detailed Introduction ⁃ A Comprehensive Chapter by Chapter Summary ⁃ Etc Get a copy of this summary and learn about the book.


Download SUMMARY - Flash Boys: A Wall Street Revolt By Michael Lewis PDF

SUMMARY - Flash Boys: A Wall Street Revolt By Michael Lewis

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Publisher : Shortcut Edition
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ISBN 13 :
Pages : 24 pages
Rating : 4./5 ( downloads)

Download SUMMARY - Flash Boys: A Wall Street Revolt By Michael Lewis PDF Format Full Free by Shortcut Edition and published by Shortcut Edition. This book was released on 2021-06-19 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: * Our summary is short, simple and pragmatic. It allows you to have the essential ideas of a big book in less than 30 minutes. By reading this summary, you will discover the secrets of high frequency trading and the world of finance in the United States. You will also be immersed in the story of Brad Katsuyama, who fought against the dishonest practices of the U.S. financial markets. You will also discover : how the financial markets evolved after the 2008 crisis; how time has become the most important resource for traders; that technology is now at the heart of stock markets; that some players in the financial markets are exploiting this technology for unfair purposes. The financial markets have evolved so much in recent years that it has become impossible to imagine them. If you ask someone to try, chances are they will describe men in suits busily staring at numbers on a ticker tape. This could not be further from reality. "Flash Boys" presents a panorama of these new stock markets. Discover a representation of post-crisis Wall Street, between manipulations and new forms of financial intelligence. So, are you ready to dive into the heart of high-frequency trading, in pursuit of the new Wall Street wolves? *Buy now the summary of this book for the modest price of a cup of coffee!


Download Flash Boys - A Wall Street Revolt PDF

Flash Boys - A Wall Street Revolt

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Publisher :
Release Date :
ISBN 13 : 9781499194906
Pages : 0 pages
Rating : 4.1/5 (499 downloads)

Download Flash Boys - A Wall Street Revolt PDF Format Full Free by Book*Sense and published by . This book was released on 2014-04-21 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Notice: This is not the actual book Flash Boys: A Wall Street Revolt by Michael Lewis. Do not buy this Summary & Analysis if you are looking for a full copy.Get an indepth analysis blended with chapter summaries that will increase your understanding of Flash Boys and help you get all the bits that you may have missed. Why is it that the only person arrested after the financial crisis of 2008 is a computer programmer ultimately being prosecuted by the same large company that was involved in the financial crisis to begin with? In our analysis, we explain the changes that occurred in the regulation, technology, and business structure in Wall Street that made the environment ripe for collapse. Discover how Lewis shines a light on HFT, the ones truly responsible for the breakdown of the system if any one group of people can be. For years there have been urban legend style rumors of programmers able to build a computer program that would "catch the pennies off of pennies". In this Summary & Analysis appears a review of Michael Lewis' Flash Boys, discussion of events that set the stage for HFT, a list of significant characters, a chapter-by-chapter summary of the book and some concluding comments. Michael Lewis is able to bring to life characters in Flash Boys: A Wall Street Revolt that are already living without making the reader feel as if he is reading caricatures of real people. He delivers the facts of the story the same way that they would unravel in real time and takes the time between that unraveling to bring the reader up to speed on what the next development could mean. The result is a roller coaster ride of a thriller all in the confines of a true story event. Get everything you need to know in this short, concise and straight to the point analysis.


Download Summary of Michael Lewis's Flash Boys PDF

Summary of Michael Lewis's Flash Boys

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Publisher : Everest Media LLC
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ISBN 13 : 1669358917
Pages : 28 pages
Rating : 4.9/5 (358 downloads)

Download Summary of Michael Lewis's Flash Boys PDF Format Full Free by Everest Media, and published by Everest Media LLC. This book was released on 2022-03-23T22:59:00Z with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Please note: This is a companion version & not the original book. Sample Book Insights: #1 By 2009, the line had a life of its own, and two thousand men were digging and boring the strange home it needed to survive. They were just happy for the work. #2 The speed at which trades can be made between two different exchanges is limited by the speed of light in fiber, which is about 12 milliseconds. However, the trading speed that is available between exchanges is much slower than that. #3 Spivey’s plan entailed digging a secret tunnel through the Alleghenies that would connect Chicago to New York. He wanted to cross the line that separated Wall Street traders from people who knew how to dig holes and lay fiber. #4 The construction of the fiber optic cable was a challenge, as the rock in Pennsylvania was hard limestone. It took a lot of work to dig through it.


Download Flash Boys PDF

Flash Boys

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Publisher :
Release Date :
ISBN 13 : 9781499122350
Pages : 62 pages
Rating : 4.1/5 (499 downloads)

Download Flash Boys PDF Format Full Free by Createspace Independent Pub and published by . This book was released on 2014-04-12 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: Find Out About "Flash Boys: A Wall Street Revolt" In A Fraction Of The Time It Takes To Read The Actual Book!!!Today only, get this 1# Amazon bestseller for just $2.99. Regularly priced at $4.99. Read on your PC, Mac, smart phone, tablet or Kindle device Flash Boys by Michael Lewis was published and distributed on March 31, 2014. The content keeps tabs on high frequency exchanging (HFT) in monetary markets. Lewis states that "The business is fixed" by HFT brokers who front run requests put by investors. The entire book has a number of different claims and interesting information (some of which is, of course, debated among professionals that are in the field). The book is quite an interesting read, and we will explore other's opinions about the issues that are presented in this book later on in this summery. If you are looking to find a book that talks about a lot of the modern issues with Wall Street and other parts of the economy, then you are going to want to start here. The research that Lewis put into this book really shows how serious he was about revealing the truth about this very volatile and vital topic. The lot has been cast, and the responsibility has fallen to big name writer Michael Lewis to bring forward a more extensive open consideration to the predations of high frequency exchanging, which is better known as HFT. Some people who have started to look into this book have also looked into other books that explored the same exact topics, and trusted that these generally investigated books might pick up some recognition in the topic. The ultimate goal of Flash Boys and other books that focus on HFT is to lead to new SEC decisions, which will address the quickening and computerization of Wall Street and how the SEC's well meaning NSM had helped introduce this rebuilding of value markets. The book keeps tabs on a few individuals including Sergey Aleynikov and Brad Katsuyama, the author of IEX, the Investor's Exchange. We will explain this more as this summary goes on, but in short, there are a lot of different things that are going on in the stock market that are important to point out, and there are a few individuals that seem to be calling all of the shots in this sense. The day after the book was available for purchase, the Federal Bureau of Investigation reported an examination into high frequency exchanging, specifically about conceivable front running, business control, and insider exchanges. Despite the fact that the FBI claimed to not add or consider Flash Boys as part of the examination, others have. The current New York Attorney General, Eric Schneiderman, additionally remarked on his progressing examination into HFT and Flash Boys. So, as you can see, this is going to play a very large role in what is going on in the world around us and in the stock market – if these sorts of things can be unveiled and dealt with now, it can end up being better for everyone in the economy. Here Is A Preview Of What You'll Learn When You Download Your Copy Today• General Overview and Summary of Flash Boys: A Wall Street Revolt by Michael Lewis • How High Frequency Trading Works Against Traders • Themes from Flash Boys • Preview of a Summary of A Fine and Dangerous Season by Keith Raffel Download Your Copy Today! The contents of this book are easily worth over $5, but for a limited time you can download "Summary of "Flash Boys: A Wall Street Revolt" by Michael Lewis" for a special discounted price of only $2.99 To order your copy, click the BUY button and download it right now!


Download Flash Boys by Michael Lewis - A 30 Minute Summary PDF

Flash Boys by Michael Lewis - A 30 Minute Summary

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Publisher : Instaread Summaries
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ISBN 13 :
Pages : pages
Rating : 4./5 ( downloads)

Download Flash Boys by Michael Lewis - A 30 Minute Summary PDF Format Full Free by Instaread Summaries and published by Instaread Summaries. This book was released on 2014-09-16 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: PLEASE NOTE: This is a summary of the book and NOT the original book. Flash Boys by Michael Lewis - A 30-Minute Instaread Summary Inside this Instaread Summary: • Overview of the entire book • Introduction to the important people in the book • Summary and analysis of all the chapters in the book • Key Takeaways of the book • A Reader's Perspective Preview of this summary: Chapter 1 In 2007, stock brokers were frustrated by the varying speed of communication between the Chicago Mercantile Exchange and the data center beside the Nasdaq stock exchange in Carteret, New Jersey. A former stock broker, Dan Spivey, researched the situation and discovered that most fiber optics buried between the two cities followed train tracks and major cities. The problem lay in the fact that this route was not straight, as was ideal for speed of communication, but made many twists and turns. Spivey studied maps and found a route following small paved roads and dirt roads that were straighter. Spivey traveled the route with a construction man, looking for obstacles. They were unable to find any. Spivey founded a company with Jim Barskdale, the former CEO of Netscape Communications, called Spread Networks. Through this company they began the complicated process of laying the fiber. This included more than four hundred deals that had to be arranged with the many towns the route transected. Spivey contacted construction engineer Steve Williams, and asked him to supervise the laying of fifty miles of fiber, starting in Cleveland. Williams did such a good job, Spivey and Barskdale hired him to supervise the complete installation. Williams and Spivey disagreed on the route on many occasions. Spivey was frustrated with Williams’ attempts to avoid obstacles by deviating from the route and Williams did not understand why the straight route was so important. A full year after Spread began burying the fiber, their project remained a secret. Even their workers were kept in the dark to protect the project from being blown out of the water by unwanted competition. Then it was time to begin selling the line to Wall Street. Unfortunately, it was difficult to prove the value of their product, let alone prove that it existed. To solve this, Spivey went to sales meetings with a large map that showed the route of the fiber as well as pictures of the amplifiers built inside maximum security bunkers along the route. The reception was not always good. Many disliked the language of the contract Spread wanted them to sign, especially the language that kept the companies from sharing the line with their clients. Spread ran into multiple problems finishing their project. One held them up for some time while they struggled to find a way to bury cable under a river. They eventually found a tunnel that worked perfectly for their purposes. Another was the hostility they faced in a small town in Pennsylvania when they attempted to get permission to dig under a parking lot that blocked their route.....


Download Summary of Flash Boys PDF

Summary of Flash Boys

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Publisher : Idreambooks
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ISBN 13 : 9781683780106
Pages : 46 pages
Rating : 4.7/5 (683 downloads)

Download Summary of Flash Boys PDF Format Full Free by Instaread Summaries and published by Idreambooks. This book was released on 2016-04-15 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Download Michael Lewis' Flash Boys PDF

Michael Lewis' Flash Boys

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Publisher : Createspace Independent Publishing Platform
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ISBN 13 : 9781533395313
Pages : 24 pages
Rating : 4.3/5 (533 downloads)

Download Michael Lewis' Flash Boys PDF Format Full Free by Ant Hive Media and published by Createspace Independent Publishing Platform. This book was released on 2016-05-22 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a Summary of the #1 New York Times Bestseller: Flash Boys by Michael Lewis In the game-changing bestseller, a small group of Wall Street iconoclasts realize that the U.S. stock market has been rigged for the benefit of insiders. They band together, some of them walking away from seven-figure salaries, to investigate, expose, and reform the insidious new ways that Wall Street generates profits. If you have any contact with the market, even a retirement account, this story is happening to you. Available in a variety of formats, this summary is aimed for those who want to capture the gist of the book but don't have the current time to devour all 320 pages. You get the main summary along with all of the benefits and lessons the actual book has to offer. This summary is not intended to be used without reference to the original book.


Download Flash Boys PDF

Flash Boys

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Publisher :
Release Date :
ISBN 13 : 9781499155259
Pages : 0 pages
Rating : 4.1/5 (499 downloads)

Download Flash Boys PDF Format Full Free by and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A small group of Wall Street guys who figure out that the U.S. stock market has been rigged for the benefit of insiders the big Wall Street banks expose this institutionalized injustice and go to war to fix it. This is only a chapter-by-chapter summary.


Download Flash Boys - A Wall Street Revolt PDF

Flash Boys - A Wall Street Revolt

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ISBN 13 : 9781497583603
Pages : 0 pages
Rating : 4.5/5 (497 downloads)

Download Flash Boys - A Wall Street Revolt PDF Format Full Free by Save Time Summaries Staff and published by . This book was released on 2014-04-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: WARNING: This is not the actual book Flash Boys by Michael Lewis. Do not buy this Summary, Review & Analysis if you are looking for a full copy of this great book.As you read Michael Lewis' thrilling account in Flash Boys, our Summary, Review & Analysis is the perfect companion. Lewis expertly details how a group of brokers, all from different firms, learned that the market was rigged for insiders, and controlled by major Wall Street banks. The Flash Boys each figured this out separately and, together, they formed an alliance to reform the market by eliminating the advantage inherent with high-frequency trading.Following his #1 New York Times bestseller The Big Short, Michael Lewis returns to Wall Street to tell of the greatest predator ever to hit the equity markets. Each member represents the exact opposite of what you think of when you hear the words "Wall Street." Each traded millions in yearly salary for a fight for the greater good. They use their new podium to investigate exchanges and the firms that specialize in high-frequency trading, while bringing light to many other ways that people cheat the system. Think this doesn't apply to you? It applies to more people than you think, even if you only have a retirement account. The seedy underbelly of Wall Street is sure to make your pulse race, probably with anger. Our summary, review & analysis of The Flash Boys concludes with a tidy list of take-aways points from this book, as well as a list of the major questions this book answers.


Download Summary Pack Feature Series: Micheal Lewis Summaries PDF

Summary Pack Feature Series: Micheal Lewis Summaries

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Publisher : Createspace Independent Publishing Platform
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ISBN 13 : 9781533395900
Pages : 84 pages
Rating : 4.3/5 (533 downloads)

Download Summary Pack Feature Series: Micheal Lewis Summaries PDF Format Full Free by Ant Hive Media and published by Createspace Independent Publishing Platform. This book was released on 2016-05-22 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a collection of summaries featuring books written by one of our greatest financial journalist: Michael Lewis. It includes the #1 New York Times Bestsellers: Flash Boys, Liar's Poker, The Big Short. The summaries provide insight to investments and securities trading in the US equity market leading to the crash. FLASH BOYS: A WALL STREET REVOLT SUMMARY: This is a summary of a #1 New York Times Bestseller that focuses on the rise of high-frequency trading in the US equity market. LIARS POKER SUMMARY. This is a summary of a #1 New York Times Bestseller describing the author's experiences as a bond salesman on Wall Street during the late 1980s. THE BIG SHORT: Inside The Doomsday Machine Summary. This is a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 bestseller Liar's Poker. Out of a handful of unlikely--really unlikely--heroes, Lewis fashions a story as compelling and unusual as any of his earlier bestsellers, proving yet again that he is the finest and funniest chronicler of our time . Available in a variety of formats, this summary is aimed for those who want to capture the gist of the book but don't have the current time to devour all the pages. You get the main summary along with all of the benefits and lessons the actual book has to offer. This summary is not intended to be used without reference to the original books.


Download Flash Boys: A Wall Street Revolt PDF

Flash Boys: A Wall Street Revolt

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Publisher : W. W. Norton & Company
Release Date :
ISBN 13 : 0393244660
Pages : 288 pages
Rating : 4.6/5 (244 downloads)

Download Flash Boys: A Wall Street Revolt PDF Format Full Free by Michael Lewis and published by W. W. Norton & Company. This book was released on 2014-03-31 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argues that post-crisis Wall Street continues to be controlled by large banks and explains how a small, diverse group of Wall Street men have banded together to reform the financial markets.


Download Flash Boys PDF

Flash Boys

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Publisher : Campus Verlag
Release Date :
ISBN 13 : 3593501236
Pages : 289 pages
Rating : 4.2/5 (51 downloads)

Download Flash Boys PDF Format Full Free by Michael Lewis and published by Campus Verlag. This book was released on 2014-04-10 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mit diesem Buch erhalten Sie das E-Book inklusive! Ein Buch, das die Börse zum Beben bringt Michael Lewis, begnadeter Sachbuchautor, lüftet mit seinem neuen Buch "das dunkelste Geheimnis der Börse". Wer an Börse denkt, hat oft ein Bild im Kopf: wild gestikulierende Makler, die unter immensem Zeitdruck Dinge kaufen, um sie gleich wieder zu verkaufen. Doch das ist Geschichte. Die Realität an der Börse sieht anders aus - das Parkett hat längst neue Regeln. Michael Lewis, Wirtschaftsjournalist und begnadeter Sachbuchautor, sorgte mit seinem neuen Buch für ein Erdbeben. Der Erzähler unter den Sachbuchautoren enthüllt die Geschichte einer Gruppe genialer Wall-Street-Außenseiter. Sie haben herausgefunden, wie die Börse zum Vorteil von Insidern manipuliert wird, die ohne Risiko Milliarden absahnen und abends ohne eine einzige Aktie nach Hause gehen. Ein Buch über die neuen "Helden" an der Börse Der Entschluss der "Helden": Sie schaffen ein paralleles System, das sich den raffgierigen "Flash Boys" in den Weg stellt. Lewis bringt Licht in die dunkelste Ecke der Börse. Seine filmreife Geschichte über den Kampf um Geschwindigkeit - auf einem Markt, den zwar keiner sieht, der unsere Wirtschaft aber ernsthaft bedroht - bringt die Wall Street zum Beben. Dieses Buch lässt die Börsenwelt erzittern. Einen Tag nach seinem Erscheinen kündigten FBI und amerikanisches Justizministerium an, sie würden Untersuchungen gegen den von Lewis gegeißelten Hochfrequenzhandel an den Börsen einleiten. Lewis ... - "... hat eine neue Ebene der Aufmerksamkeit erreicht". (FAZ) - ... lässt den "The Wolf of Wall Street" wie ein Lamm wirken. - ... ist der derzeit packendste (Reality-)Thriller über die Finanzwelt gelungen. - ... enthüllt, wie Märkte und Privatanleger manipuliert werden. Links: http://www.faz.net/aktuell/feuilleton/buecher/rezensionen/sachbuch/rezension-flash-boys-von-michael-lewis-12899266.html http://www.handelsblatt.com/finanzen/fonds/nachrichten/hochfrequenzhandel-staatsfonds-fluechtet-vor-den-flash-boys/10019622.html http://www.manager-magazin.de/finanzen/boerse/hochfrequenzhandel-lewis-gefahr-jedermannn-flashcrash-a-973311.html


Download An Executive Summary of Michael Lewis's

An Executive Summary of Michael Lewis's "Flash Boys: a Wall Street Revolt"

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Publisher :
Release Date :
ISBN 13 : 9781499164022
Pages : 38 pages
Rating : 4.1/5 (499 downloads)

Download An Executive Summary of Michael Lewis's "Flash Boys: a Wall Street Revolt" PDF Format Full Free by A. D. Thibeault and published by . This book was released on 2014-04-16 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: A full executive summary of 'Flash Boys: A Wall Street Revolt' by Michael Lewis. This is not a chapter-by-chapter summary. Rather, the author takes an holistic approach, reorganizing and breaking down the content for easier understanding where necessary, and cutting out the repetition.


Download 30 Minute Summary for Flash Boys by Michael Lewis PDF

30 Minute Summary for Flash Boys by Michael Lewis

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Publisher : CreateSpace
Release Date :
ISBN 13 : 9781499155259
Pages : 42 pages
Rating : 4.1/5 (499 downloads)

Download 30 Minute Summary for Flash Boys by Michael Lewis PDF Format Full Free by Instaread Summaries and published by CreateSpace. This book was released on 2014-04-15 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: A small group of Wall Street guys who figure out that the U.S. stock market has been rigged for the benefit of insiders the big Wall Street banks expose this institutionalized injustice and go to war to fix it. This is only a chapter-by-chapter summary.


Download Flash Boys PDF

Flash Boys

Author :
Publisher : Penguin UK
Release Date :
ISBN 13 : 0141978155
Pages : 320 pages
Rating : 4.1/5 (978 downloads)

Download Flash Boys PDF Format Full Free by Michael Lewis and published by Penguin UK. This book was released on 2014-03-31 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Times, Observer, Financial Times, New Statesman and Times Literary Supplement Books of the Year 2014 Michael Lewis, the Master of the Big Story, is back with Flash Boys If you thought Wall Street was about alpha males standing in trading pits hollering at each other, think again. That world is dead. Now, the world's money is traded by computer code, inside black boxes in heavily guarded buildings. Even the experts entrusted with your cash don't know what's happening to it. And the very few who do aren't about to tell - because they're making a killing. This is a market that's rigged, out of control and out of sight; a market in which the chief need is for speed; and in which traders would sell their grandmothers for a microsecond. Blink, and you'll miss it. In Flash Boys, Michael Lewis tells the explosive story of how one group of ingenious oddballs and misfits set out to expose what was going on. It's the story of what it's like to declare war on some of the richest and most powerful people in the world. It's about taking on an entire system. And it's about the madness that has taken hold of the financial markets today. You won't believe it until you've read it. 'I read Michael Lewis for the same reasons I watch Tiger Woods. I'll never play like that. But it's good to be reminded every now and again what genius looks like' - Malcolm Gladwell 'Probably the best current writer in America' - Tom Wolfe