Investment Intelligence From Insider Trading

by H. Nejat Seyhun

MIT Press, 1998

ISBN: 9780262194112
Pages: 402

Category: Finance

In this summary you will learn

• How you can profit from insider trading without stepping outside legal boundaries
• Why you shouldn’t rely on past returns for future profits
• Why you should have your own strategy, even though you can use inside traders’ information to improve your portfolio

Why you should read Investment Intelligence From Insider Trading

Are you ready to learn from the somewhat mythical, sometimes notorious and often misunderstood inside traders? H. Nejat Seyhun has compressed a gargantuan amount of information - 21 year’s worth of reported insider trades, more than one million transactions - into a manual that debunks and reconfigures the wild world of insider trading. Since inside traders are bound by strict laws, their prowess comes from proximity to the action. As a farmer can predict the next big storm by watching his cattle, sophisticated traders can predict the next market windfall by watching the insiders. This isn’t a late-night page-turner; after all, Seyhun is a noted academic expert. Yet flashier verbal energy might have sacrificed the book’s most valuable quality: precision. This book (the opposite of the Investing for Illiterates-type) takes its readers and itself seriously - If you are serious about your portfolio, getAbstract recommends that you put yourself through Seyhun’s course. Dedicated investors, policy makers and scholars need this on their reference shelves.

About the Author

H. Nejat Seyhun  holds the Jerome B. and Eilene M. York professorship at the University of Michigan Business School, where he is chairman of the finance department. He is one of the leading academic experts on insider trading.

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