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by hnbear 877 days ago
Matt Levine covered this well too: https://archive.is/Kd6Os

The answer being no, because as a consumer you have no duty of confidentiality.

4 comments

"if you are just a regular person and you go to McDonald’s and buy a burger and say “this burger tastes bad, I’m gonna short the stock,” that’s fine, that’s legitimate research. ... People are supposed to go around observing companies’ products and services, evaluating them, and incorporating those evaluations into their investment decisions. That’s how stock prices become efficient and how capital gets allocated to good uses rather than bad ones."
What if in the fine print of your ticket purchase was an NDA clause?
IANAL and it depends by jurisdiction but I don't you can stick whatever you want in those sort of shrink-wrap contracts. And according to this site[1] there's at least one (Finland) where surprising terms specifically are not allowed.

[1] https://www.dlapiperintelligence.com/goingglobal/intellectua...

Now you’re gonna have terms like that on your next ticket.

And you’ll get charged a fee for the privilege.

It’s a better question to see if it meets colloquial definitions of arbitrage.

It’s an advantage only a few people have, and you paid something in order to be put in that position.

You paid to be in the plane. I doubt anyone paid specifically to be in a plane with the hope that a door would blow off to take advantage of information asymmetry in the aircraft manufacturer's stock (or the airline's stock).
This is literally posted in the 2nd answer of the link…