Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
The old adage about insider trading activity is that there are many reasons for insiders to sell their stock but only one reason to buy. While insider trading both in the market and in the technology sector reflect caution, artificial intelligence (“A.I.”) industry insider selling represents a no-confidence vote on these firms.
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