For Greg_W!

[Peter_Puget]

TS Link

 

"When your response to everything that is wrong with the world is to say, “there ought to be a law,” you are saying that you hold freedom very cheap."

[catbirdseat]

That guy must have a screw loose. He's basically saying we don't need insider trading laws. Those laws are what gives investors the confidence that they aren't getting screwed. Without them, fewer people would invest.

[Peter_Puget]

Actually CBS many have argued insider trading laws are not helpful at all. Full prompt open disclosure of all activity a la the donation site would solve most problems.

[Greg_W]

That guy must have a screw loose.

 

Actually, Thomas Sowell is a very intelligent and well-respected columnist.

 

Isn't it your job, as a potential investor, to make sure you aren't going to get "screwed" or to make sure you make a sound investment?

 

P.S. Thanks, Petey.

Edited April 23, 2004 by Greg_W

[Jim]

As usual, excellent troll PP!

[catbirdseat]

Yes, as an investor, one should reseach all the public information available before choosing to invest. Insider trading information is not public. One can sometimes get it by paying bribes, especially if you are a wealthy investor with connections. Of course if you are a small investor, you are more likely to get shut out of the insider deals.