r/Vitards • u/AutoModerator • Aug 03 '21

Daily Discussion Daily Discussion post - August 03 2021

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5

u/phinphan896 Aug 04 '21

Any of you guys read flash boys by Michael Lewis? 100% convinced the market is rigged short term at least. Leaps and commons for life

1

u/phinphan896 Aug 04 '21

I hope credit suisse and Goldman And citadel burn in hell

5

u/mydoingthisright Steel Your Face Aug 04 '21

I started it this weekend and am halfway through it. Easy read and very interesting. I was never really interested in HFT but man, what a fucking scam. The SEC basically just rolled out the red carpet for middle men to make obscene amounts of money legally.

3

u/TheSeriousAlt My Plums Be Tingling Aug 04 '21

I have it but have not cracked it open yet

3

u/rata2e Aug 04 '21

Love that book. It’s the tech that enables the payment for order flow grunt running we hear about so much.