$BVS

Insider Buying Week 6-16-23

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Stock markets don’t go up every day, or do they? Friday might have been the crack in the armor as the generals sold off a bit. It’s hard to imagine what will bring the market down in the near term other than a bout of profit-taking in the big tech stocks that have run on AI mania. Of course, there are always black swans landing in unanticipated places, but a market being overvalued has never been a reliable case for a sell-off. That’s always a dicey proposition, thinking like that, but the bull is out in the pasture- there’s no … Read more

Insider Buying Week 5-26-23

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It’s all AI, Chat GPT, large langauge models, and generative image models. Nvidia’s blowout quarter and guidance sent the market into a bull run seizure moment.  Meanwhile, you hear more and more stories about fake information generated by this “breakthrough AI,” including the latest example on Twitter where an attorney was reprimanded by a judge for his brief, which included fake prior cases entirely fabricated by AI. We can’t ignore the promise, but we certainly shouldn’t be blindsided by the hype. Tread carefully here. At the Insiders Fund, we try to filter out the noise. Here’s what real insiders are … Read more