Set forth below is the text of a comment that I posted to another blog entry at this site:
A community resource is some that is part of shared services, like a park. When you buy stock, you are taking ownership in a piece of a company. It isNOT open for consumption by the community at large. Instead, it is solely for the owners.
The last 33 years of peer-reviewed academic research produced KNOWLEDGE.
There are millions of people who are investing in stocks to finance their retirements and need access to that KNOWLEDGE to do so effectively.
When the Wall Street Con Men deny those millions access to the KNOWLEDGE they need, they destroy our ECONOMIC SYSTEM. We all have a vested interest in seeing that that ECONOMIC SYSTEM not be destroyed.
The ECONOMIC SYSTEM and the KNOWLEDGE produced by the academic research are community resources.
The Wall Street Con Men make a buck by destroying these community resources. These community resources do not belong to them. They have no right to destroy these community resources for their personal profit. We have adopted LAWS to protect us from this sort of behavior. These LAWS call for prison time for those who commit massive acts of financial fraud.
There are RESPONSIBILITIES that go with offering investing advice. It is not just about turning a buck by telling any lie that will get the marks to turn over their life savings.
My sincere take.