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No one does it better than Michael Lewis. This was my second book by Michael and got really hooked on. Can't wait for his next book to be available on auidiobooks.
A sure read to figure out what people will do behind your back to make profits of of you, yes even if they are your broker.
...Oh yes I can: this book does for High Frequency Trading what 'The Emperor of all Maladies' did for Cancer. It takes a complicated thing that you hear about every now and again in the news, puts it centre stage, explains it in delightful depth to an intelligent layperson, while delivering the excitement and suspense of a novel. As a bonus (again both books) they lay out the moral issues and moral dilemmas, so that the book is much more than a simple documentary of the phenomenon. And both books have more or less happy endings. By the end the good guys are winning. You could not ask for more from a book.
Narration - very professional. Had the impression that the reader understood the material - not always the case with a book like this. I found the ‘stopping points’ for the ipod well organised (by chapter) but rather spaced out. Each chunk was about 1 hour 30 mins, whereas I find 20 minute chunks more user-friendly.
24 of 25 people found this review helpful
This is an excellent book. It ought to be required reading. What goes on within the murky world of high finance is one of the genuine scandals of our time. The surreal world of the markets that now dominate our very lives is a genuinely depressing place. This is a book with a seemingly fairly dry subject but it explains in patient detail the appalling behaviour that is rife within and around our most respected financial institutions. Bankers have almost become a pantomime villain in recent years but this book outlines how market de-regulation and the automation of the stock markets has allowed people to literally steal billions from our economies in the most cynical and yes fraudulent of ways.
A lot of the subject matter does concern the mechanics of how unscrupulous people used technology and other tactics to subvert the markets. It follows a small number of people who try to make a difference. The explanations while sometimes detailed give a lot of clarity and explained to me for the first time just how important a microsecond really can be. A blink of an eye and you miss it!
Dylan Baker strikes an excellent tone throughout being able to carry the descriptive parts as well as the character driven sections.
This is a fascinating book, it's a book that will likely make you angry, but it's one you'll be glad that you read all the same.
8 of 10 people found this review helpful
Another fine work by Michael. A great insight into an unknown world. Narration is good.
The performance was great. The story was fascinating. Flew through the book. Definitely would recommend.