Latest published articles

What Is Market Microstructure? Chapter 1 of Trading and Exchanges

Larry Harris opens Trading and Exchanges with a simple observation: markets are fascinating. They change constantly as prices adjust to new information, as winning traders replace losing traders, and as new technologies evolve. That is a pretty understated way to describe the most complex competitive arena in the world.

Why Peter Lynch Left the Best Job on Wall Street

Book: Beating the Street by Peter Lynch with John Rothchild | ISBN: 978-0-671-75915-5

Peter Lynch turned off his Quotron machine at Fidelity Magellan Fund on May 31, 1990. He’d been running the fund for exactly 13 years. In that time he’d purchased more than 15,000 different stocks. He could remember 2,000 stock symbols.

Beating the Street by Peter Lynch: Why This Book Still Matters

Book: Beating the Street by Peter Lynch with John Rothchild | ISBN: 978-0-671-75915-5

Peter Lynch ran the Fidelity Magellan Fund for 13 years. During that time, he turned every $1,000 invested into roughly $28,000. He bought more than 15,000 stocks. He beat the market almost every single year. And then, at age 46, he quit.