| Bain & Company found that founder-led companies outperformed the broader market by 3.1 times over 15 years. Harvard and Yale researchers found that insiders - especially founders - tend to make purchases before periods of abnormal stock outperformance. The Wharton School found that insiders possess a "temporary information advantage," which is simply a polite academic way of saying they usually know what's coming. In my own career, my biggest winners - Apple, Nvidia, Amazon, Netflix - all had one thing in common: A founder at the helm making bold moves before the rest of Wall Street understood the story. That pattern has repeated itself again and again. The funny thing is many of the market's best performers never appear on financial television. Some names you do know - Bezos, Zuckerberg, Musk, Hastings. Others you've never heard of - yet they quietly accumulate massive positions before their companies experience major breakthroughs. These are individuals with: - Deep operational knowledge
- Clear insight into future catalysts
- Skin in the game
- Absolute conviction in their own business
When they buy, it's rarely symbolic. It's almost always meaningful. In my research, the strongest signals tend to occur when a founder buys: - After a period of weakness
- Before a major announcement or turnaround
- In large, concentrated amounts
- Alongside other insiders ("cluster buying")
When several of those factors align at once, it tells me something big may be stirring beneath the surface. Given the current market environment, founder-led buying is even more important. As interest rates begin to ease, capital becomes cheaper. That's good for the economy... but it's especially good for founders looking to accelerate growth, make acquisitions, or expand into new markets. In these periods, founders often step in aggressively and buy shares - signaling strong conviction about what's ahead. And historically, when you follow them, you tend to get ahead of some of the market's most explosive moves. I'm not talking about speculation or short-term trading gimmicks. I mean disciplined, research-driven decisions that stack probabilities in your favor. Without giving away details reserved for my paid readers, I can tell you this... A respected founder - one with a strong track record - recently made a significant multimillion-dollar purchase in his own company. Not a token buy. Not a symbolic show of confidence. A real, meaningful investment. It met every criterion I look for (large dollar amount, strong timing and fundamentals, clear upcoming catalysts, insider alignment). I was not surprised to see this founder buying. I was surprised how much he bought. It's the kind of move I've seen many times in my career - the kind that often precedes unusually large stock moves. To be very clear: Past performance never guarantees future results. And no strategy works 100% of the time. But if you look at history - and at the academic evidence - founder buying is one of the few consistently reliable indicators in the market. This case is no exception. You don't need to predict the next election outcome. You don't need to forecast the exact month the Fed cuts rates. And you don't need to guess whether AI stocks are over- or undervalued. You simply need to follow people who know the truth long before it appears in headlines. Founders are not infallible. But their incentives are aligned with yours. And their actions often reveal opportunity long before the public catches on. In my view, they remain the market's last honest signal. And one founder's recent move - which you can learn more about in my latest presentation here - should not be ignored. Good investing, Alex | 
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