Insider Buying and Following the Smart Money

Trading on disclosed insider transactions and institutional filings. The evidence base is academic - Seyhun, Lakonishok and Lee - and the book literature is very thin.

3 books

Start here

  1. The Vital Few vs. the Trivial ManyGeorge Muzea, 2005
  2. Excess ReturnsFrederik Vanhaverbeke, 2014
  3. Investment Intelligence from Insider TradingH. Nejat Seyhun, 1998

Books 3

H. Nejat Seyhun · 1998 · The definitive study of whether disclosed insider purchases predict returns.
Frederik Vanhaverbeke · 2014 · Reverse-engineers what the best-documented investors actually did.
George Muzea · 2005 · A practitioner's rules for reading insider transaction patterns.