The phrase "best known information" above is truly bone chilling. Secrecy for me, no privacy for thee. #InformationAsymmetry #AsymmetricInformation #Panopticon #OneWayMirror #MirrorShades

Jace’s Question #42: Why Do You Play With All Your Cards Face Up?

The game of information asymmetry.
Same market. Different rules.
By the time you see it, the smart money has moved.

Are you investing or just providing liquidity for someone else’s edge?

#MarketMicrostructure #InformationAsymmetry