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Oh, but it does matter. Insider trading is a kind of theft. A theft from the person or company that had the info and (generally) whose trust you violated. If
by lokar 3y ago
Oh, but it does matter. Insider trading is a kind of theft. A theft from the person or company that had the info and (generally) whose trust you violated.
If you develop the info yourself (say, monitoring how full parking lots are at a store to predict earnings), that is fine.
Insider trading is about theft of information, not fairness.
- paganel 3y agoI wonder what would happen were those stores to say: “hey, those parking lots are ours and such they are private, as a result any information related to them is ours and hence private”?
- riffraff 3y agoif you develop it yourself, by definition you are doing it based on public information, so it does not apply.