Insider trading has been rife on Wall Street, academics conclude

Re:Insider trading has been rife on Wall Street, academics c... by dsacco on Sunday February 11, 2018 @04:18PM (#16354863)

> An honest take on the idea of a personal active trading should always mention the opportunity cost. Doing the necessary research is a job. One that takes significant time to learn, and one that will continue to take significant time once you've mastered it.

I agree - this is why it’s a particularly important caveat that even if you have the skill and wherewithal to beat the market, you’ll need to also do it without a team or software infrastructure. I’d generally recommend that people interested in this learn as employees of an established firm, then go out on their own if it makes sense.

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Re:Insider trading has been rife on Wall Street, academics c... by closeparen on Sunday February 11, 2018 @04:56PM (#16355046)

I have read arguments that if you believe you have the skills to beat the market, a job on Wall Street is the best course of action - Other People’s Money means no risk to you, and the expected value of your incentive pay exceeds your own returns unless you have a ton of personal capital to play with already. If it turns out you’re right, take your saved bonuses and strike out on your own. If you’re wrong, being a Wall Stret alum opens plenty of career opportunities.

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Re:Insider trading has been rife on Wall Street, academics c... by njwi332 on Sunday February 11, 2018 @08:21PM (#16355854)

What are some examples of established firms that would be good places to learn?

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