2 ms·

I am pretty sophisticated in terms of my acceptance of modern finance but I am a heels-dug-in naysayer when it comes to buybacks. I hate them and I think they a

• chii 6y ago
  > But what can you do you can try to convince people that buybacks are evil, and if enough concensus is reached, it will be outlawed. The problem is that there's no good evidence that it's evil in the general case, and it's hard to convince large portions of shareholders that it is.