Right you are! I thought it was Clinton that said that, but if you insist it was Freud... I'll let you have that one. I just didn't understand what you said about idly selling.
I do think big investors buy differently than the rest of us unwashed (speaking for myself!). I think they decide what to buy and how much, and then buy or sell more when the story changes or unfolds, and don't bargain hunt or average down much. JMO. I know I have heard that insiders are more limited in their buying and selling than most would believe. I think there are situations as what I described that could preclude insider buying for months.