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: An Inclination to Criticize

Everyone's doing it...

To be completely honest, I don't know much about insider trading. I know you shouldn't lie about it -- I'm looking at you, Martha (thank you for explaining the difference between all-purpose and cake flour, the egg-dyeing tips, and, oh, everything). But the recent NY Times Op-Ed by R. Foster Winans makes a lot of sense: People invest in the market precisely because they think they know things others don't. It could be as innocent as the belief that Apple will sell more iPods next year, or as questionable as a tip that a private equity group is going to make an offer for an electric... (more)

Full post as published by An Inclination to Criticize on March 14, 2007 (boomark / email).