Flash Boys: A Wall Street Revolt

Kobo ebook | March 31, 2014

byMichael Lewis

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#1 New York Times Bestseller — With a new Afterword

"Guaranteed to make blood boil." —Janet Maslin, New York Times

In Michael Lewis's 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.

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$14.59 online
$18.95 list price (save 23%)
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Flash Boys: A Wall Street Revolt

Kobo ebook | March 31, 2014
Available for download Not available in stores
$14.59 online $18.95

From the Publisher

#1 New York Times Bestseller — With a new Afterword "Guaranteed to make blood boil." —Janet Maslin, New York Times In Michael Lewis's 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 insidiou...

Format:Kobo ebookPublished:March 31, 2014Publisher:W. W. Norton & CompanyLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0393244679

ISBN - 13:9780393244670

Reviews

Rated 4 out of 5 by from I learned a lot I was expecting the book to be boring, but to my surprise, it was enjoyable to read and well-written. If you're into movies like 'the wolf of wall street', you will also enjoy this book. The book was inspired by true events and educational. I learned about trade exchanges and dark pools from this book. It helped me made sense of the market a bit more.
Date published: 2015-09-27
Rated 5 out of 5 by from Flash Boys Excellent book! I thoroughly enjoyed it. Lewis takes a complex subject and makes it understandable. I'm calling my online broker to find out where they stand on this.
Date published: 2015-04-03
Rated 4 out of 5 by from Entertaining and Educational The first 2-3 of the book was captivating, it read like a crime drama you could learn from. The last 1-3 got fairly technical and lost momentum but provided a good detailed look into the world of high frequency trading.
Date published: 2014-10-30
Rated 5 out of 5 by from Flash boys Wonderful read! A sad commentary on the free market system. Thank goodness a down to earth Canadian figured it out! :-)
Date published: 2014-09-08
Rated 5 out of 5 by from Flash boys Speed of fiber optics, technical advantage of the sortest route over long distance. Horrible commentary on the minipulation of the markets in favor of high frequency traders along with the risk and greed of traders. Amazing story of the high percentage of inside players who didn't and still don't know how the game works and the ruthless lengths they will go to for revenge. Terrible revelation of how the average person is helpless in the game of investment and must take what is left. over.
Date published: 2014-07-28
Rated 5 out of 5 by from Flashboys Another engaging and illuminating tale describing the unethical behaviors behind Wall Street insiders gaming the system to make enormous profits at the expense of all investors while adding no value... hopefully the book and some of the efforts related in it might result in cleaning up the system, at least until the self serving rats figure another way to fleece everyone.
Date published: 2014-07-27
Rated 4 out of 5 by from Flash boys Very interesting presentation of the dilemma facing regulators of supposedly free markets. For markets to be free, all participants must have the same information at the time of trading. Because HFT have used technology to recover and act on information faster than anyone wishing to trade as an investor on the market, the markets are no longer free. Changing regulation by adding more rules only compounds the problem because HFT would simply game the new rules to preserve their advantage. What is interesting in this case is that Brad and his team adopted a principled approach in trying to solve the problem. Rather than make more trading rules to counter inefficient behaviour, they created an exchange with fewer rules but based on the principle of fair trading. Good luck to them.
Date published: 2014-07-27
Rated 4 out of 5 by from Shocking expose of market practices Wall Street is rigged in so many different ways. It has always been that way to some extent but the advent of high speed communications and certain well meaning changes to sec oversight have created conditions where high frequency traders have been able to make billions from investors large and small. This book is the story of how a small group of individuals recognized that this was going and took steps to neutralize by risking to create an informal exchange. I must say I didn't completely understand all the technical jargon (and I consider myself fairly knowledgeable) so a second reading is in order. I know that many market participants are very unhappy about this book, but I guess I would be too had people proven that participants in the financial market we hold so dear were systematically enriching themselves at the expense of everyone else.
Date published: 2014-05-10
Rated 5 out of 5 by from Flash Boys Michael Lewis has become better with time with his wonderfully colorful writing. He was already good when he first started out with Liars Poker, but I have enjoyed most of his books since. Flash Boys is another great read weaving together a story that is not only difficult to tell and make interesting. I have enjoyed the story telling style for a non fictional piece, making it easy for me to read it despite my other demands for time. Wall Street has become increasingly complex, mysterious and probably uncontrollable. Shudder to think what next; has the financial ecosystem become more dominant and unstabling.
Date published: 2014-05-09
Rated 5 out of 5 by from A must read - U.S. Markets explained Reading like a first-rate thriller, this book explains in simple terms how electronic markets work and why it is currently gamed against the individual investor. It also shows what can be achieved, when principled individuals decide not to play by rigged rules and instead try to bring back fairness in the system. Once I started to read this book, I could simply not put it down until I finished it. It should be on every one's reading list.
Date published: 2014-04-20
Rated 4 out of 5 by from Flash Boys Worthwhile read if you wish to understand how government oversight of industries means nothing. It is very heartening to know that people like Brand and others mentioned in the book care about a fair market where most have a fair and equal chance to make "honest" money.
Date published: 2014-04-19
Rated 5 out of 5 by from Another great book by Michael Lewis A Very book good into the world of high frequency, how it works and why it needs to be stopped. Like all of Michaels books I couldn't put this one down and finished within days. Highly recommended read. Good luck to IEX! And thanks Brad for fighting for a fairer market. He's like a modern day hero for us small home investors. R.M.
Date published: 2014-04-06