Reopening Insider Information Debate.

[ahnuld]

but david, what you said is not insider information. It is available to anyone of the public who wants to do a thourough investigation. Would you buy a retailer without first going into the store and at least getting a feel for the clientel and vibe the store is trying to give off? I know I wouldnt. Thats a standard part of investing, along with the numbers.

Thats why desertcat will often call the CEO/CFO of those small companies hes investing in, or visit them if he has the opportunity. Its similar to your monoploy machine example. Its NOT inside information, but buried information that anyone with a shovel and go find easily. The other guy isnt getting screwed due to II but due to his laziness.