“For geniuses, they are really dumb,” she said. “Some of them are really pampered: They can’t even put together a cardboard box. They don’t think you do something. They think you call somebody.”
― Flash Boys: A Wall Street Revolt
― Flash Boys: A Wall Street Revolt
“The world clings to its old mental picture of the stock market because it’s comforting; because it’s so hard to draw a picture of what has replaced it; and because the few people able to draw it for you have no interest in doing so.”
― Flash Boys: A Wall Street Revolt
― Flash Boys: A Wall Street Revolt
“Reg NMS was intended to create equality of opportunity in the U.S. stock market. Instead it institutionalized a more pernicious inequality. A small class of insiders with the resources to create speed were now allowed to preview the market and trade on what they had seen.”
― Flash Boys: A Wall Street Revolt
― Flash Boys: A Wall Street Revolt
“The role had been spawned by the widespread belief that traders didn’t know how to talk to computer geeks and that computer geeks did not respond rationally to big, hairy traders hollering at them.”
― Flash Boys: A Wall Street Revolt
― Flash Boys: A Wall Street Revolt
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