Chat With Traders

194: Liam Vaughan – Bedroom Trader Amasses Fortune, Becomes Prime Suspect of Flash Crash


Listen Later

Liam Vaughan is a finance author and senior reporter for Bloomberg.

His latest book Flash Crash tells the story of Navinder Singh Sarao, a London trader, living at his parents house, who made ~$70M from his bedroom and was later accused by the U.S. government of playing a role in the 2010 Flash Crash.

For anyone unaware, this was a deeply perplexing event in which the U.S. stock market, one afternoon, plunged approximately 9% and then almost completely rebounded, all in the space of just 30-minutes.

While Liam speaks on many interesting moments from Nav’s life in this episode—from beginning as prop trader in 2003, through to when he was extradited to the U.S. in 2016—it’s only a sample of what’s covered in the book (an absolute must-read!)

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

Chat With TradersBy Ian Cox and Tessa Dao

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

1,970 ratings


More shows like Chat With Traders

View all
We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,374 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,067 Listeners

Top Traders Unplugged by Niels Kaastrup-Larsen

Top Traders Unplugged

588 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

941 Listeners

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) by Cam Hawkins

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

224 Listeners

The Market Huddle by Patrick Ceresna & Kevin Muir

The Market Huddle

360 Listeners

Investing With IBD by Investor's Business Daily

Investing With IBD

380 Listeners

B The Trader by Alex B

B The Trader

356 Listeners

Excess Returns by Excess Returns

Excess Returns

87 Listeners

The Day Trading Show by Austin Silver

The Day Trading Show

57 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

449 Listeners

Forward Guidance by Blockworks

Forward Guidance

270 Listeners

The Macro Trading Floor by Alfonso Peccatiello & Brent Donnelly

The Macro Trading Floor

217 Listeners

Stock Trading for Beginners by Tyler Stokes

Stock Trading for Beginners

64 Listeners

Words of Rizdom - Trading Podcast by Riz Iqbal

Words of Rizdom - Trading Podcast

29 Listeners