underscored — Underscored

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Tag:stock-buybacksClear

The best thing a public company can do is nothing. The second best is to buy back stock when it's cheap. The worst is to overpay for acquisitions or go on acquisition binges.
— Charlie Munger, Berkshire Hathaway Annual Meeting (2010)

1mo ago

The best thing a public company can do with cash is buy back stock when it trades below intrinsic value. Everything else is just noise.

2mo ago

Underscored — save the words that stop you in your tracks.

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