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George Soros Agrees With Our Buy on Alibaba

In our 1998 book Contrarian Investing: How to Buy and Sell When Others Won't and Make Money Doing It, New York money manager Anthony Gallea and I told our readers that "insider buying" (when a corporate officer snaps up shares in his or her own company) was the single best "Buy" signal you're going to find.

And we also said that big purchases by "knowledgeable outsiders" - proven players like Warren Buffett, George Soros or Carl Icahn - could serve as a proxy for insider buying.

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