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by adamlett 4657 days ago
> I have not seen a single stock buyback work

I haven't seen a single penguin in the wild, but that doesn't mean they don't exist ;)

Berkeshire Hathaway and Teledyne are two companies I know off that have had great success with stock buybacks.

Read this http://observer.com/2003/04/the-brain-behind-teledyne-a-grea... for a fascinating account of Teledyne's story.