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Uh, no. The key word in the parent poster’s sentence was “can”. You only need one example to prove it - tons of failing examples do not disprove it. For examp
by MR4D 8y ago
Uh, no.
The key word in the parent poster’s sentence was “can”. You only need one example to prove it - tons of failing examples do not disprove it.
For example:
If you lived next door to the head server guy at Wells Fargo, and the other night his wife called you to cancel their dinner with you because “there is some big problem at work that he’s dealing with and he has to work thru the night”, and then you decided to short WFC that next morning, then you would have done quite well, but importantly, the information edge would be not only small, but also non-specific.
- sytelus 8y agoWell, the guy could be some manager of some small project with some release deadline on his head. This may not have any impact on quarterly financials of $10B company. Big companies like this are very complex creatures and trying to bet because you had glimpse on one data point is trying to predict weather for next month because you felt breeze on your walk.
- MR4D 8y agoYou're correct - I should have been more clear on the titling - when I think head server guy, I'm thinking a VP or above level.