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But there is a foolproof way of profiting from the stock market. Insider trading! I find it fascinating that people do not believe it occurs at a grand scale gi
by bjourne 7y ago
But there is a foolproof way of profiting from the stock market. Insider trading! I find it fascinating that people do not believe it occurs at a grand scale given the low risks and huge rewards. Exactly like how people believe athletes don't use steroids so they get all upset when every once in a while one is caught. :)
- saalweachter 7y agoOne of my favorite not-quite-conspiracy-theories is that all of quants and crazy trading algorithms are just to provide cover for the insider trading.
- WheelsAtLarge 7y agoThe first hedge fund Jones & Co. that launched 1949 hired business writers that would consistently "find" profitable trades. The logic was that Jones & Co. assumed that they had a line to insider information. Yup, you can make a consistent buck if you know the right people with the right info. That system will always work.