A term coined by renowned investor Warren Buffett referring to a situation in which high-ranking insiders use their own money to buy stock in the company they are running.
Investopedia Says:
The idea behind creating this situation is to ensure that corporations are managed by like-minded individuals who share a stake in the company. Executives can talk all they want, but the best vote of confidence is putting one's own money on the line just like outside investors!
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Read about the achievements of those who have mastered the art of investing. The Greatest Investors
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Read about the achievements of those who have mastered the art of investing. The Greatest Investors
We look at the Sage of Omaha's methodology for evaluating value stocks. Warren Buffett: How He Does It
