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As Buffett Laments Kraft Heinz purchase, his Partner ,Jorge Buys $100 million -Notable Insider Buys Week Ending Sept 20,2019

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Kraft Heinz insider buying dwarfs all others.  While everyone is lamenting the purchase, including Warren Buffett who in a rare error stated publicly that he overpaid for Kraft Heinz, his partner in the deal, Jorge Lemann, buys a $100 million worth of the depressed stock.  Jorge didn’t get to be the 36th richest person in the world according to Forbes, by being stupid. Of course, that is pocket change for Mr. Lemann but the $7 million by van Damme is not. One of the things you have to analyze in insider buying is the significance and meaningfulness of the buy. … Read more

‘s Getting Interesting- Insider Buying Picks Up Week Ending 8-9-19

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After weeks of dull action, insider buying has finally picked up. Part of it is the end of 2nd Quarter earnings blackout and part of it is the market sell-off.  The highlights: Charlie Egren, the founder of Dish, is making a massive bet on 5G, buying assets in the pending TMobile Sprint network and committing billions to buy more bandwidth.  Its a bet the farm expensive gamble on a player late to the game.  But if the competing networks are slow in getting 5G rolled out, Dish might be able to lumber in and get a piece of the future … Read more