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Old 02-26-2023, 09:21 AM
CoachKandSportsguy CoachKandSportsguy is offline
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Quote:
Originally Posted by Caymus View Post
From article

"Billionaire Warren Buffett says critics of stock buybacks are “either an economic illiterate or a silver-tongued demagogue” or both, and all investors benefit from them as long as they are made at the right prices."

Warren Buffett calls stock buyback critics ‘silver-tongued demagogues’
cherry picking general knowledge financial article support, eh? Have you ever personally benefited from corporate buybacks? Have you ever participated in executing buyback plans? Have you ever seen what happens with the stock after corporate buy backs?

and, yes, I have when working at high levels in corporate america. . . both pricing out buying back stock levels for purchases, and receiving the stock and watching sr executives get those shares for personal gain. . and accounting friends of mine at places like GE relate abuse stories to me as well. . . personally getting dividends from contractual, but UNGRANTED shares. . . as well as seeing executives go to the pokey for illegal financial activities. . it will never stop with corporatism. . .

Here is a link to read about them from a former wall street money manager,

Stock Buybacks!™ and the Monetization of Stock-Based Compensation - Epsilon Theory

About common logic. . .
Sheep Logic - Epsilon Theory

after years of working on wall street, his view and mine, BITFD IFYKYK

so if your your finance experience comes from, watching CNBC, or listening to wealth management sales pitches, you are probably are just repeating common knowledge, which everyone believes and knows. . which in the financial world is sheep logic . .