I’m not against buy backs I just don’t think incentives line up all that well and boards are just milking companies cash flow for increased compensation and not reinvesting to remain competitive

Also what’s wrong with paying a dividend? I guess governments have made it less viable and this is the “logical” move to extract the most money for the least amount of work but eventually run way runs out

Bitcoin may help extend a company a second lifeline but if you’re a shit business that’s run shit you eventually only delaying the inevitable and wasting capital to do that

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