So says a recent article. Basically, the practice is harmless in the big picture and is probably not worth worrying about.
Personally, I take a different view - seeing our elected leaders use their positions to make money off other investors doesn't really create confidence in our democratic process.
Remember that when someone profits from insider trading, someone else is loosing out - in this case the people who voted these leaders into office.
A Finance Professor's blog. I am a Professor of Finance in the Poole College of Management at NC State University. My website: https://sites.google.com/ncsu.edu/warr Opinions are my own.
Subscribe to:
Post Comments (Atom)
What's going on with inflation?
I recently posted an article on the Poole College Thought Leadership page titled: " What's going on with inflation?" . This w...
-
I recently posted an article on the Poole College Thought Leadership page titled: " What's going on with inflation?" . This w...
-
Another inflation illusion post. This time with math. Again the issue here is that you can't just increase the discount rate when you a...
-
Sometimes I come across an academic research paper that is just so interesting I feel compelled to share it with my MBA students. This is o...
No comments:
Post a Comment