Podcasts about flash boys a wall street revolt

Bloomberg Radio host Barry Ritholtz speaks with author Michael Lewis, whose books include “Flash Boys: A Wall Street Revolt,” “Moneyball: The Art of Winning an Unfair Game,” “Liar's Poker” and “The Fifth Risk.” He is also a Bloomberg Opinion columnist and hosts the podcast “Against the Rules.” See omnystudio.com/listener for privacy information.

On the sixth episode of Enterprise Software Innovators, hosts Evan Reiser (Abnormal Security) and Saam Motamedi (Greylock Partners) talk with Ravi Malick, Global CIO at Box. Ravi's career has taken him from investment banking and consulting to the energy industry, where he spent nearly 4 years as the SVP and CIO of Vistra Energy before landing at Box. Evan and Saam speak with Ravi about the most defining moments of his career, the operational differences of startups vs. Fortune 500 companies and how they can work together, the best ways larger companies can leverage startup-driven technology, and the roles of CIOs within executive teams. Quick hits from Ravi:On finding the balance of innovating while maintaining a solid foundation: “Your ability to change is determined by the business's ability to absorb it and how much can you push the envelope a little bit without breaking things”On recognizing the correlation of company size and operational speed: “I went from being in a speed boat to a tanker”On prioritizing the importance of experimentation within organizations: "You have to constantly experiment. If every day you're worrying about the current project, and the current issues, you're going to miss the opportunity...I always felt that if you use technology effectively, [the company could] jump four or five steps ahead."Recent book recommendation: Flash Boys: A Wall Street Revolt by Michael Lewis---Like what you hear? Leave us a review and subscribe to the show on Apple, Google, Spotify, Stitcher, or wherever you listen to podcasts.Enterprise Software Innovators is a show where top tech executives share how they innovate at scale. Each episode covers unique insights and stories that will help you succeed as a technology leader. Find more great lessons from tech leaders and enterprise software experts at https://www.enterprisesoftware.blog/ Enterprise Software Innovators is produced by Luke Reiser, Josh Meer and Emily Shaw. 

In this episode, Michael speaks with Kaitlin Cordes, an international lawyer and researcher who focuses on human rights and sustainable development. Most recently, Kaitlin spent eight years developing and leading the Columbia Center on Sustainable Investment's work on land, agriculture, food systems, and human rights. Prior to that, she worked at Human Rights Watch and as an Advisor to the UN Special Rapporteur on the right to food. Kaitlin and Michael talk about Kaitlin's work at the Center on Sustainable Investment, which included projects focused on land tenure and human rights as well as coffee commodity chains. The conversation concludes with a discussion about Kaitlin's latest project, 31 days of climate action. This is a project focused on the personal, incremental, and intentional ways that each of us can confront the challenge of climate change and the psychological toll that it can take on us.   Websites: Kaitlin's website: https://www.kaitlincordes.com/ 31 days of climate action: https://www.31daysofclimateaction.com/   Apps that Kaitlin mentions: Climate Action Now Earth Hero   References: Giridharadas, A. 2018. Winners take all: the elite charade of changing the world. Alfred A. Knopf. Lewis, M. 2014. Flash Boys: A Wall Street Revolt. W. W. Norton & Company. Nicholas, K. 2021. Under the sky we make: How to be human in a warming world. GP Putnam's Sons. Thaler, R. H., and C. R. Sunstein. 2009. Nudge: Improving Decisions about Health, Wealth, and Happiness. Penguin.

If you want financial freedom that will literally align all your dreams and visions into a unified path, this episode is for you! Learn how Vikram Raya went from being a practicing physician to owning over 600 million in real estate assets and discover the 5 freedoms to live a fulfilled life.   WHAT YOU'LL LEARN FROM THIS EPISODE  Forging an investor mindset through multi-family REI 3 ways to start passive investing in real estate  5 freedoms that help you get rich and grow in life Creating a bullet-proof daily routine  The top distinction to make a decision and expand your limits   RESOURCE/LINK MENTIONED Rich Dad Poor Dad by Robert Kiyosaki  Flash Boys: A Wall Street Revolt by Michael Lewis Bigger Pockets Atomic Habits by James Clear  Can't Hurt Me: Master Your Mind and Defy the Odds by David Goggins Get The Edge: A 7-Day Program to Transform Your Life by Anthony Robbins    ABOUT VIKRAM RAYA  Vikram Raya MD is a co-founder and managing partner of Viking Capital. He currently works as a cardiologist in the DC/VA/MD metroplex. Since 2011 he has been diversifying his interests and investing in real estate with advanced real estate investors in the commercial and residential markets. Having done much of his medical/real estate training in both Atlanta and DC, he is well aware of the intricacies of both these markets.  He is also the co-founder of DARE capital, a multi-million dollar real-estate company with assets in GA consisting of single family and commercial properties. His interests and strengths lie with investor negotiations, market trends, and portfolio diversification.     CONNECT WITH VIKRAM  Websites: Viking Capital and Limitless MD LinkedIn: Vikram Raya CONNECT WITH US Email: shawn@greenbriarcg.com  Instagram: Shawn Winslow YouTube: Shawn Winslow LinkedIn: Shawn Winslow FaceBook: Shawn Winslow

Google and Facebook have an outrageous amount of market power, and that's dangerous for society. Dina Srinivasan joins Vasant Dhar in episode 22 of Brave New World to discuss the dangers, and how we can tackle them. Useful resources: 1. Dina Srinivasan's homepage and Twitter. 2. The Antitrust Case Against Facebook -- Dina Srinivasan. 3. Why Google Dominates Advertising Markets -- Dina Srinivasan. 4. Aldous Huxley interviewed by Mike Wallace. 5. James Robinson on What Makes a Successful State -- Episode 19 of Brave New World. 6. Flash Boys: A Wall Street Revolt -- Michael Lewis. 7. Bias, Lies, and Democracy -- Episode 14 of Brave New World (w Ali Velshi). 8. Uplift the Unremarkables -- Episode 2 of Brave New World (w Scott Galloway). 9. Can a Machine Have Human Values? -- Episode 13 of Brave New World (w Brian Christian).

Guest Steve Helvie Panelists Eric Berry | Justin Dorfman | Richard Littauer Show Notes Hello and welcome to Sustain! The podcast where we talk about sustaining open source for the long haul. Our guest today is exceptional in many ways, so you don't want to miss this episode! On this episode, we have Steve Helvie, VP of Channel Development for the Open Compute Project (OCP). He helps to educate organizations on the benefits of open hardware designs and the value of “community-driven” engineering for the data center. Today, Steve tells us how the Open Compute Project started, how he got involved, how it generates revenue, what open hardware is, and the challenges he sees with open hardware. We also learn why Europe is always at the forefront of regulations when it comes to sustainability and designs. Download this episode now to find out much more! [00:00:39] Eric, Richard, and Justin tell us about their backgrounds since Steve was curious. [00:03:26] Steve tells us his background, what he does at Open Compute Project, and explains more about open hardware. [00:06:41] Steve mentions there are 200 projects in the Open Compute Project and Richard wonders what the minimum entry is, what you need to be one of these projects, and how much money is needed to think about having open hardware in his company. [00:12:04] Justin asks for Steve's insight on a supply chain attack when it comes to hardware and how does the OCP fix it. [00:14:56] Steve talks about sustainability with “save the earth and save money,” and how Europe is always at the forefront of regulations when it comes to sustainability and designs. [00:17:00] Steve had mentioned that he's invested in helping people have hardware and run hardware better for their own companies, and Richard sees this to be at ends with Cloud Native, so he asks Steve to talk about how he sees that conflict. [00:18:13] Richard wonders if Steve is helping to improve Uber's private cloud and partially the public cloud by allowing them to do work with OCP and with other managers, how has that not led towards a non-sustainable earth and how does he reckon with that conflict. [00:20:51] In talking about refreshing hardware, Justin tells us about a book he read called _Flash Boys. _He also tells us about how he talked to an ex-Googler when GCP was getting built, who told him that Google was importing thirty tons of hard drives every single day and asks Steve if this is a normal thing. [00:22:43] Richard wonders if a large amount of Steve's clients are Crypto. [00:23:37] Eric brings up Steve's background and wonders if he had an a-ha moment or was there a point in time where he thought this is bigger than just hardware. [00:26:00] Steve tells us besides memberships, how the OCP generates revenue. He talks about having to switch to virtual summits during COVID. The guys all chat about if they've seen memberships and activities increasing in the last year since going virtual. Steve shares a staggering number of virtual attendees at his recent event. [00:30:37] Richard wonders what challenges Steve sees for the entire field of open hardware. Steve mentions a great course he took on Open Source Technology Management that's worth checking out provided by Brandeis University. [00:35:29] Find out where you can follow Steve online. Quotes [00:08:02] “There is such a huge fear that someone's going to take my designs and copy them.” [00:08:28] “So, what big companies like, in any company really, is they like a dual sourcing strategy.” [00:08:40] “They like that one skew, give me consistency across the board that I can deploy in Asia, Europe, or America, but give me multiple suppliers that mitigates my supply chain risk.” [00:10:48] “The types of companies that are looking at Open Compute are companies that have an open source mindset, they have a Cloud Native mindset where software is going to define everything.” [00:11:26] “And that's the point of when that happens in industries you start to see this customer poll. It's happening now in Telcos. Fintech gets it, gaming gets it, traditional banking, traditional healthcare, insurance companies do not get it yet, but they will. It's going to come.” [00:14:32] “So, there's this second user economy or what we call circular economy that's happening now within what Google, Microsoft, Facebook, all the Hyperscalers now have a second use plan because they need to for sustainability.” [00:15:03] “What's happening in Europe is you have Europe is always at the forefront of regulations when it comes to sustainability and designs.” [00:15:21] “There are heat reuse out of data center initiatives. For example, the Netherlands, you cannot build a new data center in the Netherlands unless you have a heat reuse.” [00:19:11] “So, the only part that I can see that's redeeming about this fact is that OCP designs use a lot less energy between 30-50% less energy than a normal standard server.” [00:19:53] “We have large enterprises that are taking the hardware coming out of these Hyperscale Data Centers that oftentimes is less than three years old.” [00:20:02] “A lot of these Hyperscalers don't even keep their hardware for more than three years and they're out if it. That still has a lot of life for if I'm a small and medium sized business in anywhere else in the world, they can still use that hardware for five years.” [00:34:28] “Open software, you can crank through it, iterations, sprints. Open hardware, it's very dependent on chip cycles, product cycles, and yeah, it's a lot of hurry up and wait in hardware.” Spotlight [00:36:32] Eric's spotlight is Gitpod. [00:38:30] Justin's spotlights are Episodes 1-16 of Sustain the podcast are back home and Orbit. [00:38:59] Richard's spotlight is Strange Parts. [00:39:21] Steve's spotlight is Jason Mauck and his podcast called Mauck Me. Links Steve Helvie Twitter (https://twitter.com/stevehelvie) Steve Helvie Linkedin (https://www.linkedin.com/in/steve-helvie-37935712) Steve@opencompute.org (mailto:steve@opencompute.org) Open Compute Project (https://www.opencompute.org/) Open Compute Project Membership Tiers (https://www.opencompute.org/membership) Open Compute Project Open System Firmware (https://www.opencompute.org/projects/open-system-firmware) Flash Boys: A Wall Street Revolt by Michael Lewis (https://www.amazon.com/Flash-Boys-Wall-Street-Revolt/dp/0393351599) Committing To Cloud Native podcast-Google Cloud, Hay-doop, Mars Rover, AWS and more with Miles Ward of SADA-Episode 3 (https://podcast.curiefense.io/3) Brandeis University-Certificate in Open Source Technology Management micro courses (https://www.brandeis.edu/gps/professional-development/micro-courses/ostm/index.html) Sustain podcast-What OpenUK Does with Amanda Brock and Andrew Katz-Episode 49 (https://podcast.sustainoss.org/49) Gitpod (https://www.gitpod.io/) Sustain podcast-Episodes 1-5 (https://podcast.sustainoss.org/page/7) Sustain podcast-Episodes 6-16 (https://podcast.sustainoss.org/page/6) Orbit (https://orbit.love/) Strange Parts (https://strangeparts.com/) Jason Mauck Twitter (https://twitter.com/jasonmauck1?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor) Mauck Me podcast (https://mauckme.podbean.com/) Credits Produced by Richard Littauer (https://www.burntfen.com/) Edited by Paul M. Bahr at Peachtree Sound (https://www.peachtreesound.com/) Show notes by DeAnn Bahr at Peachtree Sound (https://www.peachtreesound.com/) Special Guest: Steve Helvie.

Bloomberg Opinion columnist Barry Ritholtz speaks with Michael Lewis, who is a Bloomberg Opinion columnist. His books include “Flash Boys: A Wall Street Revolt,” “Moneyball: The Art of Winning an Unfair Game,” “Liar’s Poker” and “The Fifth Risk.” He also has a podcast called “Against the Rules.” His published his latest book in May 2021: “The Premonition: A Pandemic Story.”

Nesse episódio, nossa equipe recebe o Mestre, Professor e Pesquisador Isac Silveira da Costa (Currículo Lattes: http://lattes.cnpq.br/0322718363111781; instagram: @isacscosta; tweeter: @isacsc77), para uma conversa sobre os desafios da regulamentação do mercado de capitais ante a influência das novas tecnologias a popularização do trading e o caso Gamestop. Referências citadas: A GRANDE APOSTA (THE BIG SHORT). Direção: Adam McKay. Produção: Dede Gardner, Jeremu Kleiner, Arnon Milchan, Brad Pitt. Intérpretes: Christian Bale, Steve Carell, Ryan Gosling, Brad Pitt, et al. Roteiro: Adam McKay, Charles Randolph. Estados Unidos, 2015; AKERLOF, George A.; SHILLER, Robert J. Pescando Tolos: A economia da manipulação e da fraude. Rio de Janeiro: Alta Books, 2016; BARCELLOS, Marta. Histórias do Mercado de Capitais no Brasil. Rio de Janeiro: Alta Books, 2018; COSTA, Isac Silveira da; PRADO, Viviane Müller; GRUPENMACHER, Giovana Treiger (coord.). Cryptolaw: Inovação, Direito e Desenvolvimento. São Paulo: Almedina, 2020; EIZIRIK, Nelson; GAAL, Ariádna B.; PARENTE, Flávia; HENRIQUES, Marcus de Freitas. Mercado de Capitais: Regime Jurídico. 4. ed. São Paulo: Quartier Latin, 2020; FOX, Justin. O Mito dos Mercados Racionais: Uma história de risco, recompensa e decepção em Wall Street. Rio de Janeiro: Best Seller, 2011; GATTACA – A EXPERIÊNCIA GENÉTICA (Gattaca). Direção: Andrew Niccol. Produção: Danny DeVitto, Michael Shamberg, Stacey Sher. Intérpretes: Ethan Hawke, Jude Law, Uma Thurman, Gore Vidal, Loren Dean et al. Roteiro: Andrew Niccol. Estados Unidos, 1997; HAN, Byung-Chul. No Enxame: Perspectivas do digital. São Paulo: Vozes, 2018; LAMY FILHO, Alfredo; BULHÕES PEDREIRA, José Luiz. Direito das Companhias. 2. ed. Porto Alegre: Forense, 2017; LAZZARESCHI NETO, Alfredo Sérgio. Lei das S.A. Comentada e Anotada. 6. ed. São Paulo: Quartier Latin, 2020; LEWIS, Michael. A Jogada do Século. 2. ed. Rio de Janeiro: Best Seller, 2011; _____________ Flash Boys: A Wall Street Revolt. Nova Iorque (EUA): W. W. Norton & Company, 2015; O CAPITAL (LE CAPITAL). Direção: Costa-Gravas. Produção: Michèle Ray-Gravas. Intérpretes: Gabriel Byrne, Gad Elmaleh, Bernard Le Coq, Natasha Régnier, et al. Roteiro Adaptado de Le Capital, de Stéphane Osmont. França, 2012; O MAGO DAS MENTIRAS (THE WIZARD OF LIES). Direção: Barry Levinson. Produção: Barry Levinson, Jane Rosenthal, Jason Sosnoff, Joseph Iberti, Robert De Niro. Intérpretes: Robert De Niro, Michelle Pfeiffer, Nathan Darrow, Alessandro Nivola, Hank Azaria, et al. Roteiro: John Burnham Schwartz, Sam Levinson, Samuel Baum. Estados Unidos, 2017; THALER, Richard H. Misbehaving: A construção da economia comportamental. São Paulo: Intrínseca, 2019.

In this video I will talk about what I thought about the Flash Boys: A Wall Street Revolt from Michael Lewis. My Goodreads profile: https://www.goodreads.com/user/show/124834970-attila I learned speed-reading from Dave Lee on Investing, you can learn his method here. https://youtu.be/gfleAu6-TxM I highly recommend here his channel.

Bloomberg Opinion columnist Barry Ritholtz speaks with author Michael Lewis, whose books include “Flash Boys: A Wall Street Revolt,” “Moneyball: The Art of Winning an Unfair Game,” “Liar’s Poker” and “The Fifth Risk.” He is also a Bloomberg Opinion columnist, and hosts the podcast “Against the Rules.”

Lawyers, of all modern “knowledge workers,” should be highly adept at gathering key information. Sadly, too many of us lack the search skills we need. Mostly, it’s a problem of insufficient awareness about where to search or how to search using tools that aren’t law-specific. In this episode, you’ll learn how to become more aware, and what exactly to focus your “search awareness” on. Tracers for Legal Professionals - welcome to our new podcast sponsor! Flash Boys: A Wall Street Revolt, by Michael Lewis (a fabulous book with 90% 4 and 5-star reviews on Amazon) Register for the upcoming virtual;) Small Firm Bootcamp. Check out Melissa Shanahan’s website: Velocity Work (she and her team can help you identify key business metrics and then build a customized tracking portal so you can plan better as you work on growing your law firm) Get my free Tech Resource Guide for solo and small firm lawyers, which includes recommendations about working remotely. Consider joining my inner sanctum (i.e. private online discussion forum) if you want ongoing guidance and support. Thanks to The Sponsors Smith.ai is a superior virtual receptionist service for small businesses. They specialize in working with solo and small law firms. Smith.ai offers friendly receptionists who can respond to callers in English or Spanish, screen and schedule new leads, and even take payment for consults.   And they do this 7 days a week. The best part is they don't just handle these conversations by phone -- they also have 24/7 live agents and chatbots capturing leads on websites and via text message (even via Facebook Messenger). If there's one growth hack for your practice, this is it. Smith's friendly gatekeepers can staff your front lines while you work uninterrupted. You can finally have the peace of mind that while you're working, you're not missing out on future work.   Plans start at just $140 a month for calls or chats. They even offer a totally free chatbot, so there's no excuse! Try Smith.ai today and see for yourself why attorneys like Justie Nicol in Colorado say Smith.ai receptionists are the "secret to business growth and client happiness."   Smith.ai offers a free trial, and podcast listeners get an extra $100 discount with promo code ERNIE100. Sign up and learn more at www.smith.ai. Trust me when I say, "Don't let another day go by!" Try Smith.ai. AND... Tracers Gathering information is important for lawyers, especially lawyers who do litigation. As you no doubt know, law doesn't win cases, facts do, and often one or two key facts can make or break a case. Key facts are tied to witnesses who sometimes are elusive. Key facts can involve things about your client that they conveniently “forget” to tell you. And for sure key facts are incriminating things about the opposing party. Key facts can be in social media or any number of public databases. So how do you find the key facts quickly and easily? Well, you can find them but not usually quickly and easily. Even the publicly available information is strewn about in lots of different public records or online locations that you can’t find using one Google search. So stop trying to use Google and don’t waste time, energy, or money. Use Tracers instead. That’s how you can get cost-effective access to asset records, social media posts, and detailed background information on anyone of interest to you or your client. The cost is based on a “pay per search” pricing with a $39 monthly minimum. The searches aren’t super expensive so you might only spend $39 per month and be able to do a few searches. But however much you use it you can expense the cost to your client matter because it’s an essential service. I recommend that every lawyer at least sign up, learn what it can do, and get used to having an amazing resource at your fingertips. If you use the promo code Ernie100 the first $100 of your search will be free. *** EPISODE CREDITS: If you like this podcast and are thinking of creating your own, consider talking to my producer, Danny Ozment. He helps thought leaders, influencers, executives, HR professionals, recruiters, lawyers, realtors, bloggers, coaches, and authors create, launch, and produce podcasts that grow their business and impact the world. Find out more at https://emeraldcitypro.com 

When Brad Katsuyama was working on Wall Street, he saw that the stock exchanges were giving an unfair advantage to high-frequency traders that was costing his clients - pension funds, mutual funds and hedge funds. Worse still, the exchanges were making huge profits from selling this advantage. His response was to create the Investors Exchange, a stock exchange founded on the premise that people want to trade on a fair platform that doesn't provide advantages to predatory traders. In this episode of the Georgian Impact Podcast, Jon and Brad discuss how Brad broke the mold to create an exchange that is founded on building trust between all participants.   You'll hear about: How unfairness in high-frequency trading led to the founding of IEX How exchanges work and how they are incentivized How IEX has built a different type of exchange based on trust Why trust is opening doors to new revenue streams   Who is Brad Katsuyama? Brad Katsuyama is the CEO and co-founder of the IEX, the Investors Exchange. He co-founded IEX to create a fairer stock exchange. Katsuyama is the focus of Flash Boys, a Michael Lewis book about high-frequency trading. Before founding IEX, he was the Global Head of Electronic Sales and Trading at the Royal Bank of Canada. There he was responsible for electronic sales, electronic trading, algorithmic trading, market structure strategy, client implementation and product management. To learn more about IEX and their business, visit their website or check out the best-selling Michael Lewis novel Flash Boys: A Wall Street Revolt. You can read more about Georgian's investment in IEX here. To learn more about the fundamental principles of trust and how they can help your business, check out our Principles of Trust and download the CEO's Guide to Trust.

Bloomberg Opinion columnist Barry Ritholtz interviews acclaimed journalist Michael Lewis, whose best-selling books include "Flash Boys: A Wall Street Revolt," "The Big Short: Inside the Doomsday Machine," and "Moneyball: The Art of Winning an Unfair Game." After graduating from Princeton and the London School of Economics, Lewis worked on the bond desk at Salomon Brothers, an experience he recounted in his first book, "Liar's Poker." He went on to pen more than a dozen books and currently contributes to Bloomberg Opinion; his first podcast series, "Against the Rules," launched in April. 

Famed author and commentator Michael Lewis is on the show today.  He’s the author of a number of smash hits including The Big Short, Moneyball, Flash Boys, Liar's Poker, The Blind Side, and more. He shares his feelings on the financial crisis, the performance of the current administration, some needed changes needed in college athletics and more.  He also teases an upcoming podcast project he is working on and plans to release later this year. Danny breaks down the decision of Gary Cohn to leave the President’s economic council and upcoming changes to Dodd-Frank, while Ira provides an update on Harvey Weinstein’s pending legal situation. For more episodes go to BailStreet.com Follow Bail Street on Facebook, Twitter, and Instagram Follow Danny Moses on Twitter @dmoses34 Follow Mathew Passy on Twitter @mathewpassy   Links Referenced Goldman-Backed Circle Agrees to Buy Crypto Exchange Poloniex Liar's Poker The New New Thing: A Silicon Valley Story The Big Short: Inside the Doomsday Machine Flash Boys: A Wall Street Revolt Boomerang: Travels in the New Third World Michael Lewis on Fresh Air Coach: Lessons on the Game of Life The Undoing Project: A Friendship That Changed Our Minds   Show Notes 1:00 – Changes in Washington, specifically Gary Cohn stepping down             2:49 – Goldman-Backed Circle Agrees to Buy Crypto Exchange Poloniex 3:27 – Changes to Dodd-Frank 6:11 – Welcome to the show Michael Lewis             Liar's Poker             The New New Thing: A Silicon Valley Story             The Big Short: Inside the Doomsday Machine             Flash Boys: A Wall Street Revolt 6:38 – When Michael met Ira 8:16 – Sergey Aleynikov – Michael Lewis connection 9:43 – Why the financial crisis didn’t lead to a lot of arrests             11:58 – Boomerang: Travels in the New Third World 16:04 – Michael’s take on the current administration and why the agency heads make him nervous             19:27 – Michael Lewis on Fresh Air 21:20 – Is Wall Street still running wild? 24:32 – NCAA and the latest round of violations and how it’s unfair to the student athletes 29:23 – Books that could be turned into movies for Michael             Coach: Lessons on the Game of Life (Will Farrell interested)             The Undoing Project: A Friendship That Changed Our Minds             Flash Boys – Sony doesn’t think there are Asian actors to work on it 34:04 – Reforming the bail system 35:30 – Latest on Harvey Weinstein and the fight for jurisdiction in his case 36:30 – Future guest for BailStreet   Learn More For more episodes go to BailStreet.com Follow Bail Street on Facebook, Twitter, and Instagram Follow Danny Moses on Twitter @dmoses34 Follow Mathew Passy on Twitter @mathewpassy

Brad Katsuyama's blood pressure levels were "out of control" and he decided to make a significant change in his life. The Canada native left his job at Royal Bank of Canada, began a regular meditation practice and started IEX, a stock exchange that took on predatory high-speed trading and was the subject of Michael Lewis' best-selling book, "Flash Boys: A Wall Street Revolt."

My guest this week is Brad Katsuyama, the founder of the IEX exchange and protagonist of Michael Lewis’s famous book Flash Boys, which chronicled the role of high frequency trading in markets. This conversation was yet another reminder of how complicated markets can be, and that very few participants know all aspects of the process well. Brad and I get deep into the history behind his company, and the ways in which markets and exchanges have evolved, better or worse.  One of my favorite parts of this conversation was our exploration of entrepreneurship. Brad’s whole story is one that entrepreneurs will appreciate, and is full of lessons for those aspiring to start their own business. Please enjoy my conversation with Brad Katsuyama   For more episodes go to InvestorFieldGuide.com/podcast. To get involved with Project Frontier, head to InvestorFieldGuide.com/frontier. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag   Books Referenced Flash Boys: A Wall Street Revolt   Show Notes 2:10 – (First Question) Brad’s original discovery of a latency problem in trading stocks 12:51 – how the business model of the NASDAQ and exchanges and how it may surprise people  14:16 – The edge that exchanges are now monetizing  16:46 – How Brad went from finding a solution to his current firm  20:18 – Types of high frequency traders that there are  24:33 – The formation of IEX  27:56 – Funding IEX 30:48 – What happens to the initial funding 32:30 – Describe what IEX is as it was sold to early buy side investors  34:31 – Explaining the concept of a speedbump  38:18 – Pitching companies so they will be listed on their index  40:37 – Explains maker-taker fees  44:47 – The sources of revenue for IEX vs traditional exchanges  46:53 – Most memorable meeting Brad has had in establishing IEX  49:39 – How did he do this with young kids? 52:38 – Has the pool of potential profits that high-frequency trading firms can earn gone down 53:53 – What has Brad most excited about the future in terms of helping the buyside 55:17 – What was it like to see Brad’s venture get turned into a best-selling book. (Flash Boys: A Wall Street Revolt) 59:00 – Biggest thing that Brad has learned 1:00:56 – What would Brad do if he couldn’t work in the investing world. 1:02:25 - Kindest thing anyone has done for Brad          Learn More For more episodes go to InvestorFieldGuide.com/podcast.  Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter at @patrick_oshag

01:33 - Tero Parviainen Introduction Twitter GitHub Blog Build Your Own AngularJS with Tero Parviainen 02:28 - Getting Started Digging the Angular Source Code Angular Documentation 05:05 - The Angular Compiler 06:13 - Advantages of Understanding the Compiler 07:42 - Directives 10:21 - Combining Controllers and Directives 12:43 - Routing 13:42 - What do we need to know about the Directive API? 15:12 - Transclusion 17:46 - Getting Started with the Compiler Tero Parviainen: Inside The AngularJS Directive Compiler 19:08 - How much do you need to know? 20:55 - Why use the compile phase? 22:02 - Angular 2 25:02 - The Clojure and JavaScript Worlds Picks Build Your Own AngularJS with Tero Parviainen (Lukas) The U.S. National Women’s Soccer Team (Joe) Better Off Ted (Joe) Inside Out (Ward) Aftershokz AS500 Bluez 2 Open Ear Wireless Stereo Headphones (Chuck) Paul Graham: Programming Bottom-Up (Tero) Flash Boys: A Wall Street Revolt by Michael Lewis (Tero)

01:33 - Tero Parviainen Introduction Twitter GitHub Blog Build Your Own AngularJS with Tero Parviainen 02:28 - Getting Started Digging the Angular Source Code Angular Documentation 05:05 - The Angular Compiler 06:13 - Advantages of Understanding the Compiler 07:42 - Directives 10:21 - Combining Controllers and Directives 12:43 - Routing 13:42 - What do we need to know about the Directive API? 15:12 - Transclusion 17:46 - Getting Started with the Compiler Tero Parviainen: Inside The AngularJS Directive Compiler 19:08 - How much do you need to know? 20:55 - Why use the compile phase? 22:02 - Angular 2 25:02 - The Clojure and JavaScript Worlds Picks Build Your Own AngularJS with Tero Parviainen (Lukas) The U.S. National Women’s Soccer Team (Joe) Better Off Ted (Joe) Inside Out (Ward) Aftershokz AS500 Bluez 2 Open Ear Wireless Stereo Headphones (Chuck) Paul Graham: Programming Bottom-Up (Tero) Flash Boys: A Wall Street Revolt by Michael Lewis (Tero)

01:33 - Tero Parviainen Introduction Twitter GitHub Blog Build Your Own AngularJS with Tero Parviainen 02:28 - Getting Started Digging the Angular Source Code Angular Documentation 05:05 - The Angular Compiler 06:13 - Advantages of Understanding the Compiler 07:42 - Directives 10:21 - Combining Controllers and Directives 12:43 - Routing 13:42 - What do we need to know about the Directive API? 15:12 - Transclusion 17:46 - Getting Started with the Compiler Tero Parviainen: Inside The AngularJS Directive Compiler 19:08 - How much do you need to know? 20:55 - Why use the compile phase? 22:02 - Angular 2 25:02 - The Clojure and JavaScript Worlds Picks Build Your Own AngularJS with Tero Parviainen (Lukas) The U.S. National Women’s Soccer Team (Joe) Better Off Ted (Joe) Inside Out (Ward) Aftershokz AS500 Bluez 2 Open Ear Wireless Stereo Headphones (Chuck) Paul Graham: Programming Bottom-Up (Tero) Flash Boys: A Wall Street Revolt by Michael Lewis (Tero)

Michael Lewis is the author of the bestsellers "Flash Boys: A Wall Street Revolt", "The Blind Side: Evolution of a Game", and "Moneyball: The Art of Winning an Unfair Game", among other books. After graduating from Princeton University and the London School of Economics, Lewis worked on the bond desk at Salomon Brothers, an experience he recounted in "Liar's Poker", his first book. He left the financial world to become a journalist, writing on politics, finance and more for the New Republic, the New York Times Magazine, Slate and other publications. He is a contributing editor at Vanity Fair and columnist at Bloomberg View. Recorded live at Aspen Words. NOTE: This episode contains explicit language.

Is high-speed trading a big problem for investors?  On this week's show, we revisit our interview with Michael Lewis, author of Flash Boys: A Wall Street Revolt.

Nathan and Conlan discuss Flash Boys: A Wall Street Revolt by Michael Lewis, Rise of the planet of the apes, Fallen a dark indie sci-fi game and round out the show with smartphone talk, Outro Pink Floyd wish you where here.

What is high-frequency trading?  Is it something you need to worry about?  Don’t let the unknown keep you out of the market.   Full Article Here   Show Notes The Divide: American Injustice in the Age of the Wealth Gap: Matt Taibbi’s book on the growing wealth gap in America. Flash Boys: A Wall Street Revolt:  Michael Lewis’ book about the creation of an exchange where high-frequency trading will garner no advantage. Learn more about your ad choices. Visit megaphone.fm/adchoices

The U.S. stock market is rigged in favor of high-speed electronic trading firms, which use their advantages to extract billions from investors, according to Michael Lewis, author of a new book on the topic, "Flash Boys: A Wall Street Revolt." High-frequency trading (HFT) is a practice carried out by many banks and proprietary trading firms using sophisticated computer programs to send gobs of orders into the market, executing a small portion of them when opportunities arise to capitalize on price imbalances, or to make markets. HFT makes up more than half of all U.S. trading volume. In this show we discuss what it means for you. Call us any time with questions: 480-970-5663 Or contact us online: http://wealthforlife.net/consultation/ Learn more on a live webinar: http://wealthforlife.net/webinar/