Last July I tweeted this mind-blowing graphic of a snapshot of High Frequency Trading. As more evidence emerges of a huge divergence between productivity and average wages (the gains from productivity have almost exclusively gone to the capitalist class, “the 1%”), HFT amplifies returns for the 1%. A new book out yesterday, Flash Boys, by Michael Lewis appears to evidence this. I am half way through it. It’s a brilliant read. You can arbitrage it at Amazon UK where it is available for the Kindle while being Kindle embargoed in the US: Read This HERE Understand How Digital Is Changing Our World!
Flash Boys, with Tech Toys!
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Concise, immediate, comment on the balls bouncing around the digital technology space.