Venkatesh Rao@vgr·Jun 9, 2019Tbh if I were a fortune 100 CEO, I too would be doing stock buybacks with record profits. All the obvious things people think could be done (ignoring shareholder value fiduciary responsibility laws which I think are obsolete) have issues.67
nifty nifty nifty nifty@niftynei·Jun 9, 2019Replying to @vgrwould dividends not accomplish the same thing?1
Venkatesh Rao@vgrReplying to @niftyneiYeah. Just tax advantage to return value via buybacks in the US. Capital gains over income taxes.11:10 PM · Jun 9, 20196 Likes