3 ms·
> Information asymmetry doesn't have to be on insider information. In theory, yes, in practice no.
by speedplane 8y ago
> Information asymmetry doesn't have to be on insider information.
In theory, yes, in practice no.
- topmonk 8y agoI used to visit fuckedcompany.com to short sell companies based on information I found there. It worked for awhile until that site became too popular. That was a long time back, 1999 or so.
- Retric 8y agoWhich get's into the short vs long term problem. In the short term strategy X works, in the long term it failed. How much of that success is random chance and how much is the value of the underlying data? And how do you avoid losing all benefit when the strategy eventually fails? The reality is this kind of short term incite based investing does not really scale. Over time the money you spend on paying people to do this is less than your risk adjusted long term benefit.