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Considering that they have been going at the problem for more than half a century, and if anything, making negative progress, perhaps there is a better approach
by toss1 5y ago
Considering that they have been going at the problem for more than half a century, and if anything, making negative progress, perhaps there is a better approach.
How about: make all trades 100% transparent in real time, and nevermind the insider trading laws? If Jack Smith, the CFO of XYZ Corp, sells 300 shares at 11:04:00 AM, you can know about it by 11:04:01. Sure, Jack still has an advantage, but now his trade is ACTUALLY providing information to the market.
It is one thing for TipRanks to provide analysis two days after, another thing for them to be able to do it in almost real-time, or setup a Fast Follower fund...
Seems there's only good to be gained here, and the insiders won't have to worry about prosecution.