
Every market cycle has its own cast of optimists and skeptics. But few voices carry as much weight as the executives who actually run the companies we own. When those leaders open their own checkbooks for seven figure insider purchases, they are not talking, they are betting real money that the market is underestimating their business.
We all know that insiders often step up when prices are down. History is full of those moments: March 2009, March 2020, December 2018. Markets were in chaos, the fear gauges were flashing red, and CEOs and CFOs across America were quietly buying millions of dollars' worth of their own stock. Those clusters of high conviction purchases have consistently marked the inflection points of bear markets.