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Chris Bloomstran - Taking Principled Stances

The Business Brew

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The Stock's Been Cheap an Me.

Last year's almost 25 billion dollars in repose were done at a hundred and five % of book value. That's the cheapest i've ever bought the stock back in two thousand and again last year. I think they're doing a great job. And i do not lose sleep over that half of the hundred and forty billion in cash that's really spendable has not been immediate spent. There's just no sense of urgency to do something. If they don't tend to do a lot, that's stupid.

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