This past Wednesday, the Financial Times printed a letter to the editor from R.T. Leuchtkafer (RTL). RTL is a private investor who just happens to know alot about the inner workings of the equity market. We have had the pleasure recently to correspond with RTL and even were fortunate enough to co-author a paper with him on the anniversary of the Flash Crash Read Paper Here His letter to the FT is brilliant and a must read for all investors who care about the future of our equity market. We won’t spoil the read for you but wanted to
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