'Crudely, there are three ways to make money as a hedge fund manager'

The headline above features the words of an anonymous multibillion dollar asset manager quoted by Financial Times hedge fund correspondent Sam Jones in his October 19, 2009 story about the Galleon Group insider trading scandal.

The three ways:

1) "You can take advantage of trading technology, but few do."

2) "You can be more intelligent than others, but few are."

3) "You can have some specialized source of sustainable information. Unless that information is from fundamental analysis — and in Galleon's case, it did not all seem to be — then that's a red flag for us."

Alex Berenson's October 20, 2009 New York Times story on Galleon carried the headline, "A thin line separates insider trading and legal research."

I am reminded of Aristotle Onassis's remark, to wit: "The secret of success in business is to know something no one else knows."

How do you spell insider trading?