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To: ahhaha who wrote (44061)10/27/1999 3:10:00 PM
From: SwampDogg  Read Replies (2) | Respond to of 116762
 
<<Markets aren't perfectly efficient, but that doesn't mean that you can take advantage of the inefficiencies. Selective disclosure is the view that some privileged ones can take advantage. Aside from being illegal you'll find that the expected return on operating with such information is negative. This is a truth that you won't accept. The only way that you would accept it is to be on the inside where over time you find you end up with less.>>

I had a feeling that you were some university hack. You have no idea what you are talking about.
I was trying to have a reasonable debate but most of what you say is completely absurd. I take advantage of "market inefficiencies" every day. What about tax-loss selling, houses pushing stocks thinly traded stocks in order to accumulate on the rebound etc.?
I am not talking about me using inside information but I am sure that the people that have it do very well.



To: ahhaha who wrote (44061)10/27/1999 3:30:00 PM
From: Gary H  Read Replies (2) | Respond to of 116762
 
<The only ones that can do all of that are people who buy stocks and
don't pay attention to price or news of any kind. They are too naive to shoot themselves in the foot.>

Well I think I've heard just about everything now. Do you suppose that is the way that Warren B did it?