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by troydavis 1650 days ago
> The way to think about it, do you have knowledge which isn't in the public domain which would give you an unfair trading advantage.

Matt Levine does a good job of explaining why that’s not the way to think about it: https://www.bloomberg.com/opinion/articles/2015-04-01/anothe...

As he’s stated many times, it’s about theft, not fairness. (Of course, there may be an argument that these examples are theft or a breach of trust or confidence.)