Whitney Tilson: Let the herd stampede first before making your move

Whitney Tilson's latest article on FT's Inside Curve column.

Without doubt, timely and democratic access to financial and market information contributes to smoothly functioning financial markets. But it’s worth asking whether the ubiquity of such information today is a friend or foe of sound investment decision-making. For all but the most active professional traders, the answer is often “no”.

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