Buffett, Buybacks, & Who Really Benefits

Authored by Lance Roberts via RealInvestmentAdvice.com, Warren Buffett defended stock buybacks in Berkshire Hathaway’s annual letter, pushing back on those railing against the practice he believes benefits all shareholders. “When you are told that all repurchases are harmful to shareholders or to the country, or particularly beneficial to CEOs, you are listening to either an economic illiterate or a […] Source