Michael Lewis was on 60 Minutes discussing his new book “Flash Boys”. In the interview, he says the US stock market is “rigged” by high frequency traders. And he has the facts to back up the claims. This story will probably piss you off a lot. What’s worse is that this controversy has been around for a long time and yet it seems like no one started caring until about now.
Source: CBS News
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.