Flash Boys by Michael M. Lewis

This book delves into the high-frequency trading (HFT) world on Wall Street, revealing how a group of financial industry outsiders discovers that the U.S. stock market has been rigged for the benefit of insiders. With the markets under the control of a few high-speed traders who gain from microseconds advantages, the book follows these reformers as they investigate this new form of financial advantage, leading them to create an exchange designed to eliminate the unfair edge HFTs had, thereby leveling the playing field for average investors. Through a narrative that is both educational and thrilling, the book exposes the dark underbelly of modern electronic trading, raising important questions about the integrity of financial markets.

The 10953rd greatest book of all time


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Total Points: 9

Since this book was first published in 2014, there is a penalty of 64.0%. The age adjusted score is 3.24.

This is to prevent newer books from reaching super high on the ranked list of the greatest books of all time. The greatest books should also stand the test of time.