Gold Capped: Sleazy auctioneers and giving away trade secrets

Reader Comments (Page 1 of 1)

10-28-2010 @ 5:33PM

frugality said...

I'd recommend you look into liquidity v. information trading. http://som.yale.edu/~ws69/research/oltjfm.pdf

Just because you are, at one point, privy to information that is not "general market knowledge," does not entitle you to an everlasting position of holding that information. The market is dynamic, always changing, shifting and where the real skill (not bruteforcing, launching batch auctions) would be in adapting with the market and predicting.

It's hard, it sucks, but you complaining about the changes just seems so hypocritical to me. You gained that gold on arbitrage exchanges. It's like someone selling vanishing powder for 20g a stack or something on the AH and then complaining that it was no longer viable once people figured out they could buy it from a vendor.

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