Sizing Up Information Asymmetry
If you can predict American stock market prices a year from now, and you're smart enough, congratulations because you will certainly be on Fortune magazine's 2013 list of the richest people in the world. If you know who's going to be in political power in China in five years, and you are passionate about politics, then you will certainly be the next shining star in the world of politics.
I've had dreams like this before and maybe you have, too. What we want is an asymmetric advantage over other people because we have information they don't.
- Banks Face Obstacles to Using Biometric Data for ID Purposes
- The Week in Photos: May 16-22
- Graphics: Migrant March Slows
- Will the capital's ban on smoking indoors that comes into effect on June 1 be effective?
- Views: Worth the Ride?
- The American Debate over Legal Accountability of Chinese Companies
- This is How it Really Sounds
- England's Yellow Peril
- A Search for Common Ground
- Vietnamese Brides
- Sign up to receive our free daily newsletter
- Solar Panel Maker Suffering HK Share Sell-Off 'Failed to Repay Loans'
- Phone Maker Transsion Catches the African Beat
- Why Xinjiang's Economy Is Sputtering
- Kevin Rudd: Answering the Peaceful Rise Question
- The Big VIE Question
- Rain on CCTV's Moscow Parade Coverage
- China Unleashes Bonds to Tackle Local Debt
- Gov't Announces Plan to Upgrade Factories over Next Decade
- Tencent Expands Net Bank Experiment to 50,000 Social Media Users
- Public Hospitals to Be Opened to Investors, State Council Says