> He was shocked at the question and explained in detail why doing that is bad. I'd love to know! > It was something about doing that does not create real val

> He was shocked at the question and explained in detail why doing that is bad. I'd love to know! > It was something about doing that does not create real value. No, it does not create value. Neither destroys it. Stock buybacks are net neutral as long as the shares are priced fairly.