Torah.org Home Subscribe Services Support Us
 
Print Version

Email this article to a friend

Insider Trading

By Rabbi Daniel Travis

"Remove every lamb that is spotted or streaked, and every sheep that has dark markings. Also remove every goat that is streaked or spotted, and they will serve as my pay." ...Yaakov took wands of fresh poplar, almond, and plane. He peeled white stripes in them by uncovering the white layer under the wands' bark...The animals mated in the presence of the wands and the young they bore were ringed, spotted and streaked. (Bereshith 30:32, 37, 39)

Why did Yaakov deal with Lavan in a way that appeared to be deceptive, rather than just letting Providence deal with Lavan? In truth, Yaakov acted completely honestly, for God had showed Yaakov via Divine inspiration that the animals would be born with those particular markings. 1 However, the extremely righteous frown upon benefiting from miraculous circumstances, for they feel that partaking of such compensation in this world could detract from their reward in the World to Come. Therefore Yaakov only made use of natural means so that he would not rely on a miracle.2

Every financial deal involves previous information about the subject involved. Each person's level of knowledge is different, based on numerous factors such as intelligence, research, and insight. The fact that an individual may have been blessed with a greater amount of wisdom than others does not deem his application of this wisdom unfair. This can be applied equally to someone who, because of his lofty spiritual level, merits receiving Divine inspiration. Just because his colleagues have not merited this privilege, that does not make his use of it dishonest.

This may be contrasted to the utilization of undisclosed information which is unknown to the general public. An example of this is "insider trading," using inside information about a company's future profits to make decisions about investing in that particular enterprise. The stock market is founded on the premise that investors are taking a risk that the stock may fluctuate in value. Buying stock on the basis of knowledge - unknown to others - that a company is about to embark on a venture that will cause the stock to rise in value is deceitful and unjust to other potential investors.

In Yaakov's case there were factors which warranted his receiving Divine inspiration. Lavan had changed Yaakov's wages a hundred times,3 and had attempted to cheat him by removing all the adult ringed, spotted and streaked sheep from his flock.4 God was merely protecting Yaakov so that he would not be swindled out of the remuneration that was rightfully his.


1. Ben Ish Chai.

2 Bereshith Rabbah 9:43.

3 See Maharil Diskin, 31:41.

4 See Daath Zekeinim, 30:37.


Text Copyright © 2008 by Rabbi Daniel Travis and Torah.org


 
Sell Chometz Online







ARTICLES ON PESACH AND THE OMER:

View Complete List

A Focus of Our Attention
Rabbi Yehudah Prero - 5760

“Letter to my Son Akiva”
Jon Erlbaum - 5773

The Missing Question
Rabbi Yehudah Prero - 5760

Looking for a Chavrusah?

Urchatz, Karpas, Yachatz
Rabbi Yehudah Prero - 5755

Ha Lachma Anya
Rabbi Yochanan Zweig - 5770

Liberate Yourself!
Rabbi Yaakov Menken - 5762

ArtScroll

Sea the Miracle
Rabbi Raymond Beyda - 5764

The "Second" Pesach
Rabbi Yehudah Prero - 5755

Worth the Struggle
Rabbi Label Lam - 5767

Frumster - Orthodox Jewish Dating

Parshas Acharei Mos and Pesach
Rabbi Naftali Reich - 5774

Cyclical Celebrations
Rabbi Yehudah Prero - 5762

Love of Money, or Money of Love?
Rabbi Gavriel Prero - 5761

> The Students of Rabbi Akiva
Rabbi Yehudah Prero - 5755

The Great Shabbos
Rabbi Berel Wein - 5760

Relating the Chain of Events: Part 1
Rabbi Yehudah Prero - 5755

To Be Chosen Again
Rabbi Label Lam - 5768



Project Genesis

Torah.org Home


Torah Portion

Jewish Law

Ethics

Texts

Learn the Basics

Seasons

Features

TORAHAUDIO

Ask The Rabbi

Knowledge Base




Help

About Us

Contact Us



Free Book on Geulah!




Torah.org Home
Torah.org HomeCapalon.com Copyright Information