MI246: Are The FANG Stocks Dead? w/ Lance Roberts
The Intrinsic Value Podcast - The Investor’s Podcast Network
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What's Happening With Share Buybacks?
Prior to 1990, stock buybacks were considered illegal. It was a form of market manipulation because you're artificially boosting the price of your stock by either buying the actual stock or being an artificial buyer. The average holding time for stocks is now below six months. So what type of long-term aspect do I have for a company when I can buy back shares and have an immediate benefit?
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