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.]
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.
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!
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...
....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