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Aswath Damodaran on the Future of Business Education

Masters in Business

CHAPTER

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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