All of us who do creative work, we get into it because we have good taste. But there is this gap. For the first couple years you make stuff, it’s jus… - Michael Lewis

The orders resting on BATS were typically just the 100-share minimum required for an order to be at the front of any price queue, as their only purpose was to tease information out of investors. The HFT firms posted these tiny orders on BATS—orders to buy or sell 100 shares of basically every stock traded in the U.S. market—not because they actually wanted to buy and sell the stocks but because they wanted to find out what investors wanted to buy and sell before they did it. BATS, unsurprisingly, had been created by high-frequency traders.

You will be stupid. You will worry your parents. You will question your own choices, your relationships, your jobs, your friends, where you live, what you studied in college, that you were in college at all. If that happens, you're doing it right.

You will be fierce. You will fearless. And you will make work you know in your heart is not as good as you want it to be.