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Sure, but that doesn't mean it "loses its value unless it is published immediately". Basically, the info has a certain amount of value, that doesn't really go
by Thorrez 6y ago
Sure, but that doesn't mean it "loses its value unless it is published immediately".
Basically, the info has a certain amount of value, that doesn't really go down. If you pair that information with the knowledge of when it will be published, it goes up in value.
- mannykannot 6y ago> Basically, the info has a certain amount of value, that doesn't really go down. I was thinking of the value of the news to Bloomberg, which was mentioned in the article: At Bloomberg, scoops about deals are highly valued, because beating competitors like Reuters or Dow Jones helps to justify the high price of a terminal, which carries rich veins of data along with news, at a reported cost of around $24,000 a year. The terminals constitute the company’s core business. If the information is deemed important, then, as soon as Bloomberg is confident in the information's accuracy, it will publish. Once Peltz had a record of giving reliable tips, that would likely happen quickly. https://en.wikipedia.org/wiki/Scoop_%28news%29 https://en.wikipedia.org/wiki/Scoop_%28news%29
- Thorrez 6y agoThanks, that makes sense.