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The Contrarian

Slate Money

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Is There an Open Secret on Wall Street?

The article argues that there's an open secret on wall street, and not just on Wall Street, that nobody cares. One of the perks of being an executive at a company is to be able to trade on inside information. The people who know the companies best are more likely to buy when it's going about to go up and sell when it's about to go down. And so, you know, they help push the prices in e sort of correct direction.

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