AMC (On Page 228, Book 1 of CFAI) reasonable, investor, material, likely, affect

justin88

Hi,all !
C.Trading;
1.Not act, or cause others to act, on material nonpublic information that could affect the value of a publicly traded investment.
CFAI says;
information is material if it is likely that a reasonable investor would consider it important
and that it would be viewed as significantly altering the TOTAL MIX OF INFORMATION AVAILABLE.
what’s this “TOTAL MIX OF INFORMATION AVAILABLE” mean??
thanks.

ruchita

thanks sbmfj!!!