All in the family

When I discussed Columbia Sportswear COLM in another post below, I mentioned that insiders owned 60% of the share float.

The graph above shows a correlation between the relative ownership of the insiders (often families) and the stock performance over time. Pretty impressive, eh?

One can speculate that when the executives who run the company think like company owners rather than employees, they are motivated to act in the shareholders best interest. After all, isn't that human nature?

Along these lines of thinking, I'm planning to analyze another publically traded company with very high insider (family) ownership stakes and rock solid financials: Seaboard Corp SEB