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Re: Um...
Quote:
Originally Posted by sebastian_dangerfield
Limit buybacks severely.
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I don't get what's wrong with buybacks, conceptually. Is it not essentially like paying a dividend? If a company doesn't have a good way to re-invest its cash, why not let it give the cash back to its shareholders?
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“It was fortunate that so few men acted according to moral principle, because it was so easy to get principles wrong, and a determined person acting on mistaken principles could really do some damage." - Larissa MacFarquhar
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