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Any exec who actually tries to sell the stock high, and buy it low is a winner in my book. Most just follow the crowd and do shareholder dilutive buybacks at n

Any exec who actually tries to sell the stock high, and buy it low is a winner in my book. Most just follow the crowd and do shareholder dilutive buybacks at nosebleed valuations. If you can buy a long duration US treasury yielding more than twice what your shares yield, maybe stop to think before doing any buybacks. Though I've written it up to mostly short term-ism towards increasing their own compensation through pressuring share price in the immediate term. The alternative is that all these CFOs and others are financially illiterate or incompetent

maerF0x0 3y ago
Reminded me of another point on the board for Kho, He was smart enough to grab a billion in 10yr bonds at like 3% which was genius for the growth rate (if you can grow money at 10% then you should take every penny you can get below that). https://www.spglobal.com/marketintelligence/en/news-insights/blog/essential-ir-insights-newsletter-summer-july-august-2023 https://www.spglobal.com/marketintelligence/en/news-insights... The only party he missed was putting our cash reserves in BTC. (which is an inside joke). It would have made the money like $4-5B based on the time of the suggestion. I think investors will be happy to hear he flatly outright said no to that. It looked like a missed opportunity (at $64k)... until it didn't. (back at $16k)