Tag Archives: long term investors

Berkshire’s Munger: High-Frequency Trading ‘Basically Evil’

Events in Europe are a great example of bankers gone wild and you simply can’t trust them, said Warren Buffett’s right-hand man Charlie Munger. Munger was also extremely critical of high-frequency trading. “I think the long term investor is not … Continue reading

Posted in Articles | Tagged , , , , , , , , , , , , | Leave a comment

Knowledge@Wharton on High-speed Trading: Is It Time to Apply the Brakes?

How fast is high-frequency stock trading? In the time it takes to read this sentence, tens of thousands of high-speed, computer-automated transactions can occur. Winning traders edge out rivals by intervals measured in nanoseconds. Fans of the practice say that high-frequency … Continue reading

Posted in Articles | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments

Study: High-Speed Trading Hurts Long-Term Investors

WASHINGTON—Scott Patterson of The Wall Street Journal reports that some of the most heavily traded U.S. stocks might also be among the most expensive to trade, costing investors as much as $2.5 billion a year, according to a New York … Continue reading

Posted in Articles, Business, Finance, U.S. Economy, World Economy, World Exchanges | Tagged , , , , , , , , , , , , , , | Leave a comment