3min chapter

Coin Stories with Natalie Brunell cover image

Insolvent Credit System is Unsustainable: 21 Min with James Lavish on Markets, Stock Buybacks, Bitcoin

Coin Stories with Natalie Brunell

CHAPTER

What Happened to Apple?

Apple's stock price is down 97% since then. So what went wrong? Well, maybe they should have used them that capital to invest back in the business. And so that's an instance where stock buybacks are just, they're not the best thing for the shareholders or the company. They could have used the money to do a lot of other things. Instead, they obscure it by doing a stock buyback and stuff in the treasury and then handing it over. It's sickening. But it doesn't happen that often but when it does, it's just, yeah.

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