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Insiders bought more than $70m worth of stocks in March 2020
By Dr Wealth  •  March 30, 2020
The stock market has been tanking and it is still down more than 20% for the year despite rebounding strongly last week. Investors are clamouring for views and directions in this volatile period. How about finding out what the tycoons and insiders are up to thus far? We often would rely on the media to get access to these rich leaders. But it isn’t as useful interpreting what they say during interviews as they tend to be politically correct with their views. It is always better to watch what they do with their money. As the saying goes, action speaks louder than words. Research has shown that insider buying is one of the signals of a stock outperformance. And in case you get confused between insider buying and share buybacks, here is a quick video explainer:
I have looked at some insiders who have bought stocks during the market turmoil in Mar 2020....
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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