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For it to be insider trading, he would have had to have access to private information from the Supreme Court, which seems unlikely.
by energy123 8mo ago
For it to be insider trading, he would have had to have access to private information from the Supreme Court, which seems unlikely.
- jacquesm 8mo agoWhy is that unlikely? It would seem to be a very easy thing to accomplish. For instance, he could just ask.
- gruez 8mo ago>For instance, he could just ask. Or just pay attention to the oral arguments. The justices seemed very skeptical of the Trump administration, and betting markets reacted accordingly.
- seanmcdirmid 8mo agoThey could have used inside government legal analysis that other people didnt have. You could have predicted this with higher certainty if you knew the justices well enough.
- NetMageSCW 8mo agoCoulda woulda shoulda. They could have just been smarter than average and found an angle others didn’t see that paid off for them.
- seanmcdirmid 8mo agoYa, that's why this will be impossible to show off as insider trading.