# Prof. Yakov Amihud is interviewed about the meaningfulness of greed on the part of investors, the positive effects of high frequency trading (HFT) and transaction taxes

1 Faculty News September 1, 2014 ![](/sites/default/files/styles/246w/public/assets/images/institutional-money_0.jpg?itok=Y-bY8Si-)>

Excerpt from [Institutional Money](http://www.stern.nyu.edu/sites/default/files/assets/documents/amihudinstitutionalmoney.pdf) -- "Transaction tax is bad for investors."

[Read more](http://www.stern.nyu.edu/sites/default/files/assets/documents/amihudinstitutionalmoney.pdf)