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Episode 040: Dr. Ed Yardeni, host Rick Ferri

Bogleheads On Investing Podcast

00:00

Corporate Bybacks Are a Bad Thing

The proposed tax bill includes a provision that would allow corporations to buy back their own shares. The stock market has been trending higher for years and employees who've been benefiting compensation plans by getting some of their pay in stock have done extremely well, says David Frum. He doesn't think Washington should get involved in micro managing corporate financial matters but he does recognize there is a problem with overpaid CEOs.

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