The Importance of Buying Back Stock

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Most CEOs just buy back their stock and what's created from that for example when Trump dumped a ton of money into corporate coffers by cutting their taxes in 2017 or 16 CEOs instead of hiring employees. That created a political wave led by Elizabeth Warren to put regulations and laws around how you can spend the money, says John Avlon. Washington DC has decided at least those democratic politicians have decided that buying back stock is a bad idea he adds.

After last week’s episode scratched the surface of the recent Berkshire shareholder meeting’s Q&A session, we’re going back to the well of investing wisdom that is Buffett & Co.

This year’s meeting brought a number of insights, both personal and business-related, from the leaders at Berkshire. What do some of the world’s most successful investors have to say about what guides their strategies in 2023?

This week on InvestED, Phil and Danielle dive deeper into the weeds of the Berkshire Hathaway shareholder meeting and share some wisdom of their own.

To mark your own financial progress and plan for the future, click here for your copy of Map Out Your Investing Journey: https://bit.ly/3WbuIbe

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