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Unless you're a full time quant with a high deflated sharpe ratio you have no business making trades. It's not an investment to speculate on unpredictable price
by bofadeez 11mo ago
Unless you're a full time quant with a high deflated sharpe ratio you have no business making trades. It's not an investment to speculate on unpredictable price, that's called gambling, as Eugene Fama explained. Investments yield income. A stock buyback is not better than a dividend.
- gruez 11mo ago>A stock buyback is not better than a dividend. It often is, for a variety of tax reasons.