Inside Active by Bloomberg Intelligence

Tweedy, Browne’s Spears and Hill on Insider Value


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As value investing has lagged behind in a market led by a narrow group of large-cap growth stocks, insider buying has remained a closely watched signal, particularly during periods of volatility. In this episode of the Inside Active podcast, host David Cohne, mutual fund and active management analyst at Bloomberg Intelligence, spoke with John Spears and Jay Hill, managing directors with Tweedy, Browne and portfolio managers for the Insider + Value ETF (COPY) and International Insider + Value ETF (ICPY) about combining those ideas into a systematic investment approach. They discuss how they define value today, why insider buying can be a powerful signal, how they separate meaningful trades from noise and how they build portfolios designed to capture the strategy’s long-term results. This episode was recorded on March 24.

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