EP 331. How No-Growth Stocks Can Lead to High Investment Returns
Focused Compounding
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Is the Supply of Stock a Major Factor in Returns?
A good example of one that hasn't grown much and has bought back stock is jewat cameron. In the last quarter, they said they might issue stock, which is something new. There's a difference here. The supply was going down, while demand was up to invest. And now that's kind of changed with a lot of share issuance by,. often not as great companies and stuff.
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