Bernard Baruch On Information Overload And Inside Information

Bernard Baruch On Information Overload And Inside Information by David Shvartsman, Finance Trends @FinanceTrends

Legendary speculator Bernard Baruch discusses trading on inside information, stock tips, and the problems of information overload back in 1957 (excerpt from Bernard Baruch - My Own Story).

Bernard Baruch on inside information:

"The longer I operated in Wall Street, the more distrustful I became of tips and "inside" information of every kind. Given time, I believed that "inside" information can break the Bank of England or the United States Treasury".

Baruch adds that most "inside information" is designed to mislead the gullible and that corporate insiders are just...