That is a misunderstanding akin to saying price differences by location cannot exist. It factors in all /available/ knowledge and the abilities aren't perfect either. Even if everyone was omniscient there is time to converge to the inevitable end state and perfect knowledge doesn't exist.

Expecting walking or driving around to provide free money wouldn't be workable. The closest precedent are the venerable professional of the poor - urban scavenging for discarded valuables like recycling. And this goes to well before the industrial revolution. To say a tradesman it wouldn't be worth taking their bones from a meal to sell to a gluemaker and just discarded it in the street. To the desperately poor it was input they could turn to money and was sort of a proto street cleaner to a society lacking modern waste disposal infastructure and institutions.

Walking around with the same strategy and constraints as everyone else won't work.

Lots of the money in the market is being traded by people who are managing over a billion dollars. They have to find investments that can absorb hundreds of millions of dollars. Your example of people collecting bottles is a perfect analogy of how anyone not moving millions of dollars can find good investments.

Also, it assumes that information is basically the same as 'news'. It's unlikely you will happen to be set up to respond to news as fast as whoever is fastest. However, to use information requires knowledge and comprehension, which is not considered at all. Most money on the market is being moved around by robots using fairly basic statistical models.