Episode Details
| Title | Buyback Realities |
|---|---|
| Date | 4/29/2019 |
| Podcast | Goldman Sachs Exchanges ↗ |
Key Insights
Bullish:
- 🟢 $GROWTHINVEST - Companies are prioritizing growth investments over returning cash to shareholders, contradicting the narrative that buybacks reduce growth investment.
- “Every single year for thirty years, companies have directed more cash to investing for growth, capital spending, research and development dollars, spending on m and a, more investing for growth than returning cash to shareholders.” - David (5:19)
- 🟢 $CAPITALALLOC - 🔒
- 🟢 $NEWBIZ - 🔒
- 🟢 $BANKS - 🔒
Bearish:
- 🔻 $BUYBACKS - 🔒
- 🔻 $WORKERPAY - 🔒