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The insider has perverse incentives as an employee.
by vkou 8mo ago
The insider has perverse incentives as an employee.
- tossaway0 8mo agoI’m probably overlooking something, but if you have insider info, you just bet on that info with certainty. Why would you need to create a different outcome to bet on it? If I know my company is going to do something on March 16th, I can bet against it happening until that day, and then bet big it will happen that day. I don’t need to influence the company to change what it’s going to do to make money on it.
- agons 8mo agoThe problem comes when there are lucrative odds for some unlikely scenario, which you can influence into realisation, and that outcome might be counter to the company's goals (i.e. sabotage)