From what I've heard (and as finance isn't my field, my knowledge should be considered worse than ChatGPT), if everyone had a truly omniscient genie, the markets would become perfectly efficient, and a perfectly efficient market has no room for profit because any profit opportunity is immediately arbitraged out of existence.
From what I've heard (and as finance isn't my field, my knowledge should be considered worse than ChatGPT), if everyone had a truly omniscient genie, the markets would become perfectly efficient, and a perfectly efficient market has no room for profit because any profit opportunity is immediately arbitraged out of existence.