High frequency trading has changed the investing world, fundamentally. If you do not write algorithms, if you do not benefit from the super dark high frequency trading system, you are on the outs.
This comes to us from a Facebook friend. A brief but harrowing tale of pride before a fall in the commodities market. Real capitalism makes one pay for one’s mistakes.
I made this video almost 4 years ago now and just stumbled across it again. It definitely deserves a re-post. The Liberty and Economics Review was my blog before AgainstCronyCapitalism.org became what it is today, in case you were wondering.
Some thoughts from the always interesting, sometimes unduly inflammatory, often prescient Max Keiser, on making markets.