Why Embezzlement and Insider Trading is Bad

Insider trading is when you buy or sell stocks of a company based on information that you gained by working for that company. I always felt that this was fair.

“If I am so fortunate to get my hands on information that no one else has access to, then I should be allowed to use it”.

But this is not the case, since when a company goes public, you agree that the stockholders will know have the same information as you do. So if you are using secret information to make decisions, then BAM – contradiction.

Embezzlement is very obviously wrong to me; I don’t know why I ever doubted it.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s