Dec
1
Flexionism is Timeless, from Victor Niederhoffer
December 1, 2012 |
It is interesting for me to see that my article with Lorie from 48 years ago showing that insider buying by 3 or more insiders in 1 month leads to superior performance has apparently held up for more than 60 years. Seyhun seems to have made a career of this and there are funds that trade based on this anomaly. And apparently, as we know, insider trading is increasing. Flexionism is timeless.
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