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by bchjam 1731 days ago
"An engine, not a camera" is a great book about this effect in financial markets.

https://mitpress.mit.edu/books/engine-not-camera
2 comments
robocat 1731 days ago
Review: http://quixoticfinance.com/the-perennial-criticism-a-review-...
link
hogFeast 1731 days ago
He has written a new book about HFT which covers some of the same ground.
link