trading screen Insider Trading: The Most Effective Trading Strategy Ever Devised - Jeff Yastine

Thanks to an infamous Wall Street scandal in 1929, the government made insider trading illegal. But there is still a way to (legally!) profit from watching insider buys and sells. Albert Wiggin was one of Wall Street's most respected bankers until the 1929 crash. The banker admitted a secret stock trading pool was used to make money off his company whenever he wanted. Any investor can benefit from legal insider trading by checking the SEC's published insider trading records. If company executives see value in their own company, investing their own money, it is a good sign that you can feel comfortable investing in that company. Jeff Yastine gives the example of Netflix stock back in 2012 when company execs bought about $15 million of the stock on the open market, then the stock doubled and soared 600%.




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trading screen Insider Trading: The Most Effective Trading Strategy Ever Devised - Jeff Yastine
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