EP 343. Snap Judgments, Tobacco Stocks, and Upcoming Spinoffs
Focused Compounding
00:00
Is There a Negative Equity?
Companies that have negative equity can buy back their stock, presumably. They could also do it through special dividends. The bigger thing for me always is, like, i worry about the riskiness of something that's not growing at all. I've invested in companies that had negative a book value, were pretty close to negative. It might be, i don't know, but it seems a little expensive to me.
Transcript
Play full episode
