Chapter 4. Information and Communications
More information and faster communications often have unexpected consequences.
In the financial markets, knowledge is power. Those who know what is going on invariably have an edge over those who do not. Consequently, savvy operators have always made it a priority to tap into as many sources of information as they can to ensure that they are making fully informed decisions. Ironically, in the modern share-trading environment, it often seems that the complexity, pace, and volume of data flowing through the marketplace—which, if Figure 4.1 is any guide, has expanded significantly in recent years—have not necessarily added to the level of understanding. On the contrary, what should have made people feel ...
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