Quote:
Originally Posted by Jamroll
The problem is, as I think you mentioned earlier - that the only way to make money is by possessing up-to-the-minute information. The average investor only discovers the "breaking" news after the event, by which time it's too late to take any meaningful action.
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think about it this way brother jammy, if a large number of people know the up to the minute information, there is no real benefit on acting on that information. you might make a dollar value gain, but you are not "wealthier". In essence, you have only preserved your wealth.