C-Suite Buys of the Week

We are in the summer doldrums of sorts, at least when it comes to insider activity. Insiders have taken their checkbook to the beach, the mountains or just locked it away for a staycation. What they have not been doing is buying much stock in the companies they own recently. It might be the...

One of the most persistent myths in investing is that markets are perfectly efficient, pricing in all known information at every moment. I have never bought into that theory. In fact, some of the best returns I have ever seen came from exploiting the exact kinds of inefficiencies that the academics...

It hardly seems possible that we have already covered six months of 2025. Of course at times it has seemed like 2025 has already lasted a decade. This week I want to take a look at large C-Suite purchases that happened in the first six months of the year that have not yet delivered the hoped for...

Energy markets are in a bit of flux at the moment. Last week, the idea of $120 oil and continued disruption from the Middle East conflict was at the top of expert minds. This week, we seem to be back to everlasting peace, bliss, everlasting cooperation, rainbows, unicorns, and prosperity for all....

We have discussed why I favor real estate and Real Estate Investment Trusts. Since 1972, REITs have outperformed the major indexes. According to CEM Benchmarking, publicly traded real estate has outperformed every asset class except private equity since 1998. REITs have an excellent track record of...

As private credit continues to gain traction in institutional portfolios and the public markets, a growing number of income investors are looking to Business Development Companies (BDCs) as a way to capture the asset class's high yields and defensive characteristics. With floating-rate loans still...

I could try to make the insider activity of the last week tell some cool story that might be worth your attention. I would not be doing you any favors, as there has not been any noteworthy activity in the past week. Insiders, like every other corporate executive and small business owner in America...

Real estate markets are still not getting a lot of love from the investing world. Even though sales and pricing have been increasing, there is still fear of what may happen if the bond market does not get its act under control. The price of real estate and REITs are very closely correlated to the...

All the 13F filings are in this week. The media and internet have dissected all the information and written volumes about the same small handful of investors that they have written about every quarter for the past five years. Michael Burry of Scion Asset Management continues to be one of the most...

It is that time again. 13Fs are beginning to flow into the SEC offices, and the mojo wires are burning up with media types and the Instant Experts of the Internet psychoanalyzing what Warren Buffett, Bill Ackman, and Cathie Wood have been buying and selling. I do not care what they are doing. There...

Friends, if we have learned anything from decades in the markets, it is that the energy business runs in cycles. Always has, always will. There is a certain rhythm to these things. Boom, bust, consolidate, repeat. What separates the winners from the also-rans is not how they perform when crude hits...

Slowly but surely, we are seeing insiders sneak back into the markets to take advantage of selected stocks. Uncertainty and volatility have been the watchwords of recent weeks, and insiders have been somewhat reluctant to get involved. The reception to the Trump administration’s tariff and...

Corporate insiders have not been impressively active so far in 2025. Despite a great deal of volatility, insiders have been held back by a rising wave of uncertainty. With the tariffs confusion lingering, it is tough for folks running corporations to get a handle on costs, profit margins, or...

Insiders have not really responded to the madness of the past few weeks. There has not been a surge of buying to take advantage of the opportunities created by falling prices. No Magnificent Seven executives or board members have decided that prices have fallen to the point they need to buy to take...

Ordinarily, during a market decline like the one we have seen since the tariff announcements on Wednesday afternoon—where the market has dropped ten percent in just a couple of days and opened significantly lower on Monday—we would expect to see a wave of insider buying. A selloff of this magnitude...