Inside Information and Kodak Stock

Re:Inside Information and Kodak Stock by lukejduncan on Saturday August 01, 2020 @09:25PM (#24025511)

Matt Levine talks a lot about insider trading, and the emphasis he always puts on it is about theft. Insider trading, in the US, isn’t about trading on uncommon knowledge or inferences. That’s actually many professional traders job: information arbitrage. It’s about trading on information that is owned by your employer. Your responsibility as an employee or executive is to the company and using inside corporate information for personal gain rather than corporate gain is a form of theft. Here’s his piece on the distinction between thinking about insider trading as being about fairness vs theft.

https://www.google.com/amp/s/www.bloomberg.com/amp/opinion/a...

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Re:Inside Information and Kodak Stock by perl4ever on Sunday August 02, 2020 @12:01AM (#24026221)

However, he also writes about how, say, being a golf buddy of an insider has been argued to somehow be a "position of trust" that can be betrayed by using inside information. It sounds like there is a nebulous area that you don't want to get caught up in, if you are the sort to pal around with executives and such. Winning after years in court, on appeal, could easily be a pyrrhic victory.

There's a reason he says don't take anything as legal advice.

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Re:Inside Information and Kodak Stock by ThePowerOfFuet on Sunday August 02, 2020 @06:15AM (#24027671)

Could you please try to post direct links, rather than AMP links which are privacy-violating?

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Re:Inside Information and Kodak Stock by sharken on Sunday August 02, 2020 @02:36PM (#24030524)

A Javascript warning when using AMP links in a post could help.

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Re:Inside Information and Kodak Stock by lukejduncan on Tuesday August 04, 2020 @09:55AM (#24049972)

I actually prefer to post amp links for paywalled articles. It’s the only legal way around the paywall.

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