The informational advantage can be especially strong in natural resources. Renewables, mining and petroleum are sectors understood by a relatively small number of professionals. Creating potential for mis-pricings of resource assets and stocks.
Teck has a huge informational advantage in analyzing zinc deposits. Built up over decades of expense in analyzing every ore body they could find on the planet. DeGolyer MacNaughton has an informational advantage in U.S. shale gas. GeothermEx (and now Schlumberger) has a big advantage in assessing geothermal prospects.
There are specialty funds that retain professionals from all of these fields in order to gain informational advantage. There are investors who travel to projects worldwide 340 days of the year to gain informational advantage. There are brokers who socialize with the industry's inner circle for most of their waking lives in order to get the informational scoop.
If you're investing, what do you know that most others don't?
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