2 ms·
i happen to despise stock buybacks. if the company cant think of anything left in the world to invest in, i'd much rather have it as a one time dividend - even
by autokad 11y ago
i happen to despise stock buybacks. if the company cant think of anything left in the world to invest in, i'd much rather have it as a one time dividend - even if less tax advantaged.
- mcnamaratw 11y agoI tend to agree right now. In the past when stocks have traded at 24 times earnings, it hasn't ended well. But when shares are cheap, you're missing out if they don't do a buyback. Late 2008/early 2009 was an easy time to make good buyback purchases.