@DERCONOMY @RedHowto @CliffordAsness @mjmauboussin @FT However, where buybacks destroy value, they're a symptom, not the problem itself (short-term pay is the problem, which leads to other symptoms (e.g. underinvestment - see https://t.co/gMUvLZJFGk). ) So
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@Evista122 @N0tAnthonyDavis @jordanbpeterson You do read to the end? He is saying that there is a problem with current pursuit of short term profits and how buybucks are currently used with combination with company equity? https://t.co/HMaPkRzu5p
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