Traders Profit With Computers Set at High Speed - NYTimes.com
“This is where all the money is getting made,” said William H. Donaldson, former chairman and chief executive of the New York Stock Exchange and today an adviser to a big hedge fund. “If an individual investor doesn’t have the means to keep up, they’re at a huge disadvantage.”
This article details yet another reason why I believe index funds are the only reasonable choice for small investors.
Source: The New York Times
