Andrew Wagner on Copart (CPRT)
Yet Another Value Podcast
Is It Better to Buy Back the Stock?
The company earns 20% returns on capital by investing in either international expansion, more yards in the US, all that type of stuff. So for them, it's a pretty easy choice, right? All of our capital should go to opening new yards, accretive acquisitions,. Because we'll get 20% versus 10%. Does that make sense? Or do you think I'm kind of stretching there?
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
