Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Barry Ritholtz: Share Buybacks Work Better In Theory Than In Practice
FYI: The Corporate Finance Institute says stocks buybacks are a “win-win situation for both companies and shareholders.” Some members of the CFA Institute, which publishes the Financial Analysts Journal, take a different view: "favorable regulatory and tax treatment of buybacks is misguided and should be reformed.” Regards, Ted https://www.bloomberg.com/view/articles/2018-03-12/share-buybacks-work-better-in-theory-than-in-practice