Numlock News: March 17, 2023 • Moldova, Rivals, Uranium
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By Walt Hickey Have a great weekend! Slightly On The Outsider Trading A new analysis of IRS data about the stock trades of ultra-wealthy business executives found a pattern among some wealthy people who not only bought and sold stocks of companies they directly compete with, but also did so with suspiciously excellent timing. One, the CEO of toymaker MGA Entertainment — which sells Bratz dolls — traded hundreds of millions of dollars’ worth of rival toy company stocks from 2005 to 2019, and made a tidy return in doing so. Over one five-year span, he made
Hooray audio playback is back!! Thanks Walt 👏