Financials: Insiders Buying on Consistent Basis [View article]
While I agree that large insider purchases relative to their net worth is better, WB insiders have been purchasing millions. The biggest purchase I saw was 20 million. To me, these look like significant purchases.
To Arohan -- it has to be on a case by case basis, I don't think you can say all financial stocks are good buys at moment. But personally, I feel that insider actions weigh heavily. Outsiders can never know the quality of the balance sheet as well as inside mgnt. I am bullish on WB for that very reason.
Financials: Insiders Buying on Consistent Basis [View article]
To Arohan -- it has to be on a case by case basis, I don't think you can say all financial stocks are good buys at moment. But personally, I feel that insider actions weigh heavily. Outsiders can never know the quality of the balance sheet as well as inside mgnt. I am bullish on WB for that very reason.
Chris