By Jody Chudley I’ve been in the market for nearly 30 years…
And I just came across an insider purchase the likes of which I’ve never seen.
I love CEOs who eat their own cooking, and last month, Prem Watsa – CEO of Canadian reinsurer Fairfax Financial (OTC: FRFHF) – didn’t just eat his own cooking, he gorged himself on it.
With his own money, Watsa purchased $150 million worth of Fairfax stock.
Let me explain why this is so stunning…
The great investor Peter Lynch famously said, “Insiders might sell their shares for any number of reasons, but they buy them for only one: They think the …read more
