I laughed out loud when it turned out the line about how share buybacks divide those who understand finance and those who don't ran up against... the Handbook of Corporate Finance.
“….to be clear, it is not a war with Iran, merely a targeted, limited combat operation… of indeterminate length, scope, and objective.” I believe this is called a “No Plan plan”. Bears striking similarity to our Commander-in-Chief’s healthcare plan, ballroom plan, lunch plans and many other plans. Also known as Fire, Ready, Aim.
"Banning buybacks while permitting dividends is exactly the way to go after misuse by top execs without interfering at all with capitalism’s valuable operation."
I laughed out loud when it turned out the line about how share buybacks divide those who understand finance and those who don't ran up against... the Handbook of Corporate Finance.
“….to be clear, it is not a war with Iran, merely a targeted, limited combat operation… of indeterminate length, scope, and objective.” I believe this is called a “No Plan plan”. Bears striking similarity to our Commander-in-Chief’s healthcare plan, ballroom plan, lunch plans and many other plans. Also known as Fire, Ready, Aim.
"Banning buybacks while permitting dividends is exactly the way to go after misuse by top execs without interfering at all with capitalism’s valuable operation."
Thank you, Oren! Great summary in one sentence.
Intelligent things about stock buybacks appear in tax analyses. This exchange is not that.
As long ago as the late 60s when weed was a felony, people would smoke it in the college dining hall.