AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
TIP542: The Crisis is Bigger Than Banks w/ Jeremy Grantham
We Study Billionaires - The Investor’s Podcast Network
The Importance of Stock Buybacks
US workers have not participated in substantial productivity since the mid 1970s. Main culprit is stockholders, bullying management into doing what management always wants to do anyway - buy their own stock back. In my opinion, of course it should be illegal. GDP growth has slowed you know in the US for the last 30 years as this new fashion came in. Productivity has irregularly but obviously slowed down. The state of US capitalism is not that healthy with the, I believe, with the exception of the VC industry, which is still pretty good.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode