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Mark Hulbert: Stock Buybacks: Separating Myth From Reality
FYI: Everything you believe about stock buybacks is probably wrong. An expected surge in buyback volume in 2018 isn’t going to extend the bull market’s life longer than it would have lasted otherwise. And buybacks don’t necessarily represent the triumph of corporate short-termism over innovation and investment. Regards, Ted http://www.cetusnews.com/business/Stock-Buybacks--Separating-Myth-from-Reality.rklafOLNmM.html
