Awesome narration and technical detail of a very complicated system of events
Awesome narration and technical detail of a very complicated system of events
There‘s something about describing complex systems using clever metaphors which never ceases to awe me. I came away with ethical questions and answers, the resolute need to Google several allusions, and a more nuanced understanding of “the big banks.” (Kuba rec)
I love anything that Michael Lewis writes. This book was educational and frustrating. Frustrating because well the system is screwed up and when someone tries to fix it they are always meant with a ridiculous amount of resistance! I would suggest you reading this because I found I learned more about the financial system, legal system and Wall Street culture.
Who knew a few millimeters of cable could be so Important!
⭐️⭐️⭐️⭐️
Really Michael Lewis could write a book on corruption in the paper clip industry and I would read it. This was a page-turner for me as I love reading about the hijinxs of Wall Street. It is not quite as good as Money Ball or The Big Short, but for making the world of high frequency trading at least somewhat comprehensible it does a brilliant job. As usual it is the quirky character studies that make this so readable.
Fabulous and eye opening read about the past decades “unhealthy” volatility of stock markets; increased pseudo trading volumes and how small retail investors are ultimately impacted by the sharks aka HFT firms...must read for anyone in finance
I thought the book would be pretty dry, so I was pleasantly surprised at how much I enjoyed it. I knew pretty much nothing about the stock market before reading this book, and now I feel like I get maybe... 2% of what‘s going on? Lewis‘ writing was straightforward and very easy to follow, and by focusing on the human aspect of the story, really drew me in.
5/5stars. I've got to get my hands on Lewis' back list now!
Sleep is over rated. Finishing this book tonight and it's already almost 2am.
If I didn't need to get up with the kids in the morning, I would still be buried in this book.
Lewis could make the inside of an empty box seem fascinating. It's the characters that always draw me in, and these characters are varied and complex. It's no wonder his books get optioned for movies. Don't wait for the movie, for you'll miss out on detailed research which makes this a page-turner.