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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who started this subject3/12/2003 4:30:32 PM
From: eric012  Read Replies (2) of 12617
 
Gotta Love Milton Friedman

Anybody catch him on CNBC today?

His thoughts:

1) Insider Trading Is GOOD for the markets.
2) Owners of Control Positions should *NOT* have to disclose interest, or suffer from any restrictions on the sale of stock.

Awesome. Basically, he argued that traders possessing inside info could help a stock trade more efficiently, and that restrictions on insider trading and sales of control positions actually CREATE the Enrons of this world. He also pointed out that these regs are relatively new, and suggested that they should not be taken for granted.

Thank God that somebody has the balls to talk reason - and let the markets just move free.
Hey - the NASD is looking for a CEO...

(From www.BDbuzz.com)
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