Amazon has done 0 buybacks in the past 30 quarters [0] and is one of the best-performing components of the S&P 500 index. I'm not convinced that all corporate e

Amazon has done 0 buybacks in the past 30 quarters [0] and is one of the best-performing components of the S&P 500 index. I'm not convinced that all corporate executives are right to assume that the best use of capital is to simply repurchase stock. Look what it's done for Amazon: it's delivered great economic value. [0]: https://www.marketwatch.com/story/amazon-doesnt-buy-back-any-stock-for-30th-straight-quarter-2019-10-25 https://www.marketwatch.com/story/amazon-doesnt-buy-back-any...