Quote:
Originally Posted by Kenswing
Unfortunately I think we know how the numbers will shake out.. At least for the Fortune 500. Hopefully some of the smaller and younger companies are (re)investing in their futures
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(sigh) I know what you mean.
And how long will these buybacks continue.
Over a trillion corporate dollars was spent on buybacks in 2018, not only inflating the price per share, but skewing the EPS. Buybacks can make bonus-grabbing CEOs look better than they actually are.
Time will tell, probably sooner rather than later. Meanwhile, I will try not to be an instant gratification seeking amnesiac, looking only at share price. (Never have been — well, actually, not since dancing with that big bubble in the 90s.)