AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
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
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