truly. if a company can’t find a way to reinvest money in its core business, it should return it to stockholders (or worse case, invest it in public markets) ra

truly. if a company can’t find a way to reinvest money in its core business, it should return it to stockholders (or worse case, invest it in public markets) rather than trying to become a stock picker for a different industry. it speaks to the likely regulatory overheads in returning money to investors that they choose this route