3 ms·

sure, i'm not debating that this isn't stats, but it's a skewed subset, skewed towards those who can afford to have a credit card. then, stats is far away from

• hueving 12y ago
  people that can't afford to have a credit card aren't in the crowd willing to spend $10 on a burrito
• will_brown 12y ago
  At the end of the day I am not so sure the value of the information matters, even though in their case it turns out the data subset accurately reflected the larger picture (e.g. Capital One data was consistent with not just other credit card transactions, but cash as well). Nevertheless, one may still be committing insider trading by trading based on non-public information even if the bet was wrong. Though is such a circumstance they may not have come up on the radar.