Pay dividends. The titular "owners" of companies should receive the "profits" created by those companies. Until that happens, "owners" (oh, they can issue new

Pay dividends. The titular "owners" of companies should receive the "profits" created by those companies. Until that happens, "owners" (oh, they can issue new shares at their discretion, didncha know?) will be beholden to an irrational, short-term and easily manipulated stock price based on nothing but scuttlebutt and abstractions like earnings yield. If a company is paying a fat dividend, you, as the owner, start caring about the long run a lot more. If they miss a growth target... well, you've got your dividend. You don't care as much about it, so long as it is a short term issue and not putting the money machine at risk. It would do a lot to reign in absurd executive compensation, too. OTOH, Wall Street hates it because they don't get any vig on a dividend payment.