[satire alert]
As you stated something like, “But we we have to live in the world that is, not the one we dream of.” So should we just learn to cheat like these losers and others at Goldman with their “insider trading” info?
[/quote]
Again, I personally have no problem with what we deem “insider trading.” I don’t engage in it, but I don’t mind if others do. With respect to the buying and selling of assets, I think it’s best to assume that (1) the other party is trying to screw you, and (2) unless you’re damn sure of the contrary, the other party likely has a better understanding of the asset than you do. I’m not sure if that answered your question, as I’m not sure what “cheating” you’re referring to (aside form insider trading).
