My plumber/electrician/doctor is insider trading?

What does your plumber/electrician/doctor know that other plumbers/electricians/doctors don’t know and that is the secret of their success?

Forgot about the “no one else” knows part, but the point is being good at something (or knowing something others do not) is not a bad thing, as implied by “insider trading”.

For example, if you figure out a cheaper alternative to lithium, and want to bet that lithium prices will fall as a result of reduced demand, then those are your spoils for figuring that out.

> What does your plumber/electrician/doctor know that other plumbers/electricians/doctors don’t know and that is the secret of their success?

The phone numbers of the people doing construction in my area. Largely through relationships with interior designers and architects.

Insider trading involves trading that violates a fiduciary responsibility. That is: you work for a company owned by shareholders, and you trade based on information you have as a consequence of that employment, harming the shareholders.

Without that fiduciary responsibility, it's not insider trading, it's just trading. If you overhear someone with inside information talking about some inside knowledge, then trade based on that, you're in the clear (as long as you didn't collude with the leaker.)

How do you spell "research and development".

We aren't rushing to make nuclear fusion because we have insufficient electricity... and you can't replace what the scientists know with another coal plant.

Global survelliance, inifinte database records and instant comms has really destroyed the potential to keep and develop real secrets. It's going to hurt (badly) in the long run.

So insider trading for as long as GCHQ/CIA/NSA refuses to rat people out....