Candid Winmark Leader John Morgan Has No Filter

Candid Winmark Leader John Morgan Has No Filter by John Mowers We picked up a sizable position in the last two days in a very unglamorous business with quite compelling financials.  I thought this interview with the CEO was interesting. John MorganThe always candid John Morgan on building Winmark, investing in Canterbury, and pulling off one of poker’s all-time bluffs by Sven WehrweinSeptember 20, 2013 Looking back, John Morgan calls it the “worst six months of my business career.” In March 2000, he stepped into the CEO role at Grow Biz, best known for its franchised lineup of Play It … Read more

Insider Buying: 7 Stocks With CEO Buys of at Least $100,000 in the Past Week

by: Steven Kiel Each week I highlight large insider purchases made by the CEO. These purchases must not be option grants or exercises. I prefer to track insider buying at the CEO and CFO level, rather than at the Board level, because management should have a better idea of what’s going on in the day-to-day operation of the company. An insider buys company shares because they have confidence in the company and the stock, and occasionally these purchases foreshadow a coming catalyst. At the same time, these insiders are humans and can get caught up in the market and may … Read more