Sunday’s New York Times and the 60 Minutes interview from the previous week featured Michael Lewis and his new book, “Flash Boys: A Wall Street Revolt”. In both interviews, he claims that the U.S. stock market is “rigged”.
From our analysis, we know that sophisticated investors would want more answers than the simple ones provided by the two interviews. The attached column, written by John Rekenthaler from Morningstar, provides some excellent answers and is a very good summary of SIA’s Perspective.
To view the column, please click here: Flash Boys