Suppose you have access to inside information on a particular company...

TruthSeeker247 · Mar 28, 2003

Suppose also that there is absolutely no way whatsoever that the SEC could find out if you acted on such information and that acting on such information would make you instantly worth 1000 times your current net worth...

What would you do?

[Remember, for the purposes of the scenario, there is no way whatsoever that the SEC would ever find out about whether you acted on the information improperly.]

Ebo · Mar 28, 2003

What if I told you that now they are watching you?

Free Thinker · Mar 28, 2003

i would tell all my friends on elite so they would benefit also.

Ebo · Mar 29, 2003

I would buy a dictionary and learn how to spell.

Pabst · Mar 29, 2003

I wouldn't think twice about it. Remember until a few decades back insider trading was still legal. Lots of efficient market academics (Univ. of Chicago folks) think it still should be.

version77 · Mar 29, 2003

Quote from TruthSeeker247:

acting on such information would make you instantly worth 1000 times your current net worth...

I would like to know how such information would make me
instantly worth 1000 times my current net worth. I don't think
there is anything I could know that would increase my net
worth that much!

TruthSeeker247 · Mar 30, 2003

Quote from version77:

I would like to know how such information would make me
instantly worth 1000 times my current net worth. I don't think
there is anything I could know that would increase my net
worth that much!

Suppose you had access to ridiculous leverage...

TruthSeeker247 · Mar 30, 2003

Quote from Ebo:

What if I told you that now they are watching you?

I suppose you think I would choose the first option as an answer to the poll. The reason I started the poll is because it is a question that I am not able to answer for myself....I truly don't know what I would do.....I personally don't know if insider trading is wrong but I do know that it is illegal...Isn't speeding illegal? I wonder what you guys think...

TruthSeeker247 · Mar 30, 2003

....11 have answered it

hmmmm.....I wonder what this means? Do we assume that the vast majority of those who didn't answer would have chosen the first option or that they would have chosen the second?

Interesting