3 ms·
Also imagine if money spent on stock buybacks went somewhere productive. :/
by kickout 5y ago
Also imagine if money spent on stock buybacks went somewhere productive. :/
- jimmydorry 5y agoIf a company can't think of anything useful and cost-effective to spend their money on, giving that money back in the way that passes through the largest portion of it is the most productive thing they could do. Let the investors allocate their money efficiently, rather than buying a gold mine as a movie theatre company (as an example).
- ineedasername 5y agorather than buying a gold mine as a movie theatre That's a pretty random example. Crypto? Maybe. But it's not like AMC is going to randomly get into the actual physical mining busin-- (hold on, it's 2022, lmgt just in case) Yes, a perfectly good example.
- jimmydorry 5y agoYes, very 2022-esque. xD