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I Backtested 750,659 Insider Buys. The "Edge" Didn't Survive the Audit.
What this episode shows
I backtested every open-market insider purchase reported to the SEC since 2006 — 750,659 events after deduplication — entered at the first open after each filing, and compared everything against SPY. The average said +54%. The median said −7%. This video is about which one was telling the truth.
Check us. Every claim traces to a public document linked below.
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