
This Story Should Be Made Into a Movie (Ep 1446)
The Dan Bongino Show
00:00
Knowledge a Symmetries Are a Cancer to Free Markets
knowledge is a good thing in markets, right? If a company's failing and you own a stock, you'd want to know that, right? That knowledge is power. But what happens when there a knowledge symmetries? Free markets fail? If organized, bow tie wearing groups of valites that hate you have access to information you don't have, then they can take advantage and say they know. It's the whole essence of insider trading, right? If you get wind that company's going to fail, in an insider trading scheme, and you sell the stock before everyone else does, you make out like a bandit,. While the great unwashed, all of us, gets
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