Buffett is selling stocks?! + Cryptocurrency Chaos
The Young Investors Podcast
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Is Starbox Using Debt to Buy Overvalued Stock?
The only time you want management to be buying back the stock when it's expensive is if you want to sell it. Feels like starbux is doing that sometimes with the amount of debt they take on and the continued effort to buy the stock at a ridiculous valuation. It's kind of laughable, because not only are they using cash to to buy an overvalued stock, they're actually stealing from long term investors by taking on debt,. They're stealing from future profits. Yeteover here....
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