Oct 8, 2012 – I always knew I should not invest/gamble in the stock market, and Scott Patterson has told me why. I always thought the system was rigged, gamed by the insiders, and Patterson, a Wall Street Journal reporter, has described that in “Dark Pools” in fascinating detail.
Did you think the stock market was about companies of good value raising capital because investors knew that the good value meant that their shares would be easily tradeable? And would likely go up in value? Because people who studied companies knew they were doing a good job? Forgetaboutit.