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by hypocrticalCons 846 days ago
> just trading

When Americans understand stockbuybacks should be illegal, that the entire stock market is a game played by monsters, then maybe, maybe you'll fix your shit

1 comments

Stock buybacks are just a tax advantaged dividend. Why would anyone invest in a company if there isn't some way to turn that into a profit?
How does society at large benefit from providing tax advantages to those profits to investors?