MI246: Are The FANG Stocks Dead? w/ Lance Roberts
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Share Buybacks - Why Don't We Benefit?
Investors should be indifferent between share buybacks and dividends because they could just sell the shares and create a dividend, says Warren Buffett. Apple spent over half a trillion dollars on its latest phone but has not done any major acquisitions to expand their product base or customer base. The SEC did had a whole study on this and actually made some statements about share buybacks that the only people that benefit from it are the insiders.
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