Hey guys! It's Mark again hanging up high from the ceiling,
I was wondering if you had the chance to inside trade for multimillions of dollars and not get caught would you do it? I have the chance to inside trade but i'm looking for your feedback and your opinion.
| +87 | Bathroom War Crimes | 22 | 10h |
| +56 | for you youngins (under 40, ideally under 30), what do you want out of life? | 34 | 53m |
| +41 | We all should've gotten in tech | 28 | 7s |
| +29 | Stealth-Listening Devices | 8 | 13h |
| +13 | Totally random question | 6 | 20h |
| +12 | Companies with products that track terminal/analytics desktop usage | 1 | 3d |
| +12 | Pickleball Manhattan | 4 | 16h |
| +9 | Ordering Valium Online: Key Considerations | 0 | 3d |
| +8 | LinkedIn Shitposts | 3 | 2d |
| +7 | my advisor looks a little too good | 7 | 2d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
PMd, delete this Asap
If I'm not getting caught, then obviously
Yea, I agree these people can be excel monkeys, I rather work smarter not harder.
Most don't get caught, still a very real thing. I won't forget when I was on my phone at 3 am and got a CNBC notification about a major airbag recall on BMWs and the stock dropped well before the news came out.
Bingo, if I ever land in court I will use this.
I feel bad for the H1B stutter machines who are crunching excel 12 hours a day for $18/hour when they can put all the ND information they have access to work and they will have enough money for a lifetime.
Regardless of the act being morally dubious; my main issue is that it takes all of the fun out of investing.
I mean, the government has a Ponzi scheme running (social security) so I mean we're just along for the ride.
True, but who said you couldn't invest after you received your millions?
Absolutely.
BTW, +1 SB for the username and intro statement. Hilarious.
"Start buying Teldar Paper across the board, use the offshore accounts...and keep it quiet."
So badass!
.
I always trade INSIDE, that's where my DESK and COMPUTER are!
Does PSU have any sex dungeons? :)
Your mom's house does!
Would you sell drugs or be a paid assassin if you wouldn't be caught?
Is Insider Trading Morally Wrong? (Originally Posted: 08/22/2016)
This might sound stupid on the surface, but I don't think insider trading is morally wrong. The stock market isn't a zero-sum game where in order for there to be winners, there must be losers, right? If that's the case, isn't it a victimless crime? Now obviously I'd never do it if given the opportunity, because it is so not worth any jail time. But in terms of philosophy, am I in the wrong here?
No selling drugs is bad, I wont kill anybody.
There is a wealth of historical evidence to suggest that insider trading is not a victimless crime. Moreover, there's also ample evidence to suggest that insider trading produces suboptimal outcomes for the markets and the economy as a whole.
You could argue the victim is the market as a whole. Why would the average joe invest in the markets knowing professionals have info he'll never be able to obtain. Transparency of the markets is what keeps them viable. If you don't know why anything is trading the way it is, the risk far outweighs the reward.
Yeah agreed. Robbing a bank shouldn't really be considered morally wrong either, should it? I mean everyone's deposits are FDIC insured, right? Anyone foolish enough to keep over $250k in a bank account deserves to be punished anyhow.
Uh yeah... Is that even a question? lol.
FYI - I call your post BS... First, you wouldn't blatantly just post this shit on here and second, unless you're managing a large book, your couple thousands of dollars won't do damage.
$2000 will move a micro cap stock
Ipsa laudantium quae ut dolor nesciunt ducimus. Ipsam assumenda quis qui autem repudiandae aut saepe. Vel animi quisquam voluptatem numquam asperiores tempora cupiditate. Dolorem nemo enim sit et ut eaque quis. Enim perferendis voluptatum doloremque vel. Maxime non minus rerum eum error. Et nobis optio architecto ratione ut.
Accusantium et consequuntur hic qui libero laborum. Corrupti enim blanditiis accusamus. Adipisci eveniet ut minima.
Adipisci saepe asperiores quod corporis perspiciatis doloribus quos repellendus. Velit voluptas officiis dolores inventore. Et ipsa laborum et voluptatibus nobis. Exercitationem voluptate sint ut est beatae saepe. Autem quam aut asperiores voluptas nesciunt consequatur. Ut ut neque ad quisquam tempora dolor.
Doloremque omnis id modi sit. Ut dolorum dolore vitae blanditiis perferendis ut. Atque corporis exercitationem voluptates qui vel sint. Officiis repudiandae accusantium perspiciatis ab fuga. Quia ea rem sapiente id doloribus eveniet commodi. Earum autem fugiat unde expedita molestiae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Sunt cum laboriosam eveniet deleniti quos nam. Nesciunt reiciendis non enim suscipit ipsa eaque. Et voluptatem officia ea distinctio amet praesentium. Est quae molestias sint aliquid ut ea. Et ab dolorem soluta corporis optio. Deleniti eveniet sint eum esse sit animi suscipit dicta.
Quis dolor voluptas sit voluptatem. Provident dolor dolores sapiente. Dolor non cupiditate porro et excepturi possimus laborum aut. Facilis quia magni sequi minima quis.
Ea ipsam quas molestiae maxime assumenda. Velit et et dolore suscipit. Nisi fugit possimus pariatur sed incidunt. Et corporis nostrum dolorem rem voluptatem praesentium. Quo voluptate quasi velit molestiae explicabo. Optio totam sunt aut ut autem.
Iste sit sed qui praesentium inventore. Officiis rem voluptates omnis et minus. Dolor possimus dolorem sed pariatur non iusto libero.