Delete comment from: Captain Capitalism
Information is what makes the market highly profitable for some, and disastrous or mildly worth it for most. If you know what's really going on you make one set of decisions (moving your money in and out before others) and if you have another set of information, you make a different set of decisions, and likely make less money or lose.
The idea of true efficiency in markets is an illusion fostered by those who make the real money. So you're right to smell the rat in markets.
Jun 21, 2012, 4:52:56 PM