12min chapter

The Compound and Friends cover image

Warren Buffett’s Margin of Safety

The Compound and Friends

CHAPTER

Exploring Corporate Governance and Capital Allocation Strategies

This chapter delves into corporate governance, focusing on capital allocation decisions including stock buybacks and dividends. It discusses the importance of thoughtful buybacks below intrinsic value and cites examples like Lyft and Wayfare. Additionally, it explores executive compensation, stock dilution through excessive stock-based compensation, and contrasts various approaches to retaining talent and compensating board members.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode