Share Trading Tips

Thursday, March 31, 2011

Insider Trading at Warren Buffett's Berkshire Hathaway?

To ensure uninterrupted delivery please add mail@wyattresearchnewsletters.com to your contact book

From the desk of

Ian Wyatt

Editor, Daily Profit

Thursday
March 31, 2011

To unsubscribe - click here

 

Insider Trading at Warren Buffett's Berkshire Hathaway?



One of Warren Buffett's top executives at Berkshire Hathaway has resigned amidst a swirl of insider trading controversy. Former MidAmerican CEO David Sokol bought $10 million worth of Lubrizol (NYSE:LZ) before he suggested a Berkshire-Hathaway buyout of the company to
Buffett.

Lubrizol stock jumped nearly 30% on the news that Berkshire would acquire the company. Sokol made nearly $3 million on the deal. And he is insisting that he did nothing wrong.

Individual investors are up in arms about this case, as it appears inappropriate, at best.

"I'll say this: if Sokol didn't break the letter of the law, he violated its spirit," said Ian Wyatt, of Wyatt Investment Research. "And this is exactly what's wrong with Wall Street and securities law enforcement. We all have the sense that Wall Street insiders can use their advantage to line their pockets. This Sokol story is a perfect example."

One way individual investors can level the playing field for themselves is with dividend stocks. Research shows that nearly 70% of long-term stock market gains come from dividend income. You can access a Wyatt Investment Research report that features 7%, 8% and 10% dividend stocks.

Click HERE.

 

=================================
=================================

This is a communication from Wyatt Investment Research.

We respect your privacy and therefore this email has been sent directly from Wyatt Investment Research.  Wyatt Investment Research does not provide our email lists and other data to third parties. This is consistent with our Privacy Policy as outlined on our web site. You may review it at:

http://www.wyattresearch.com

If you do not want to receive future communications from Wyatt Investment Research, please follow the unsubscribe instructions below.

========================
Unsubscribe Instructions
========================

You are subscribed with the following email address:


To unsubscribe from
Wyatt Investment Research emails click here.

If you believe this communication to be a mistake or unsolicited, please e-mail abuse@bfpnewsletters.com with details regarding your situation, and we will be sure to promptly investigate your situation.
 

A publication of Wyatt Investment Research
c/o Business Financial Publishing, LLC
380 Hurricane Lane Ste. 202

Williston VT 05495

 

Copyright © 2011 Business Financial Publishing, LLC. | Privacy Policy

Daily Profit
Wyatt Investment Research

c/o Business Financial Publishing
380 Hurricane Lane
Williston, VT 05495




No comments:

Post a Comment