Buying High: Beware Of Buybacks by Cook & Bynum
Buybacks continue to accelerate despite higher valuations. On balance, these capital allocation decisions will prove to be destructive to shareholder value as management teams “buy high.”
Buybacks continue to accelerate despite higher valuations. On balance, these capital allocation decisions will prove to be destructive to shareholder value as management teams “buy high.”
Also, the 3 sectors that Wall Street analysts are most bullish about. The usual suspects dominated in 2025 as both the Communication Services and Information Technology sectors helped boost the...