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Aswath Damodaran on the Future of Business Education

Masters in Business

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The Pushback to Buybacks

In the 90s, anecdotally, we always used to see the worst time stock buybacks heading into 2000. Then you have the railroad crash and a big stock buyback instead of a safety upgrade. And so these stories seem compelling even though they don't reflect the totality of all the buybacks.

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