Resources

Verdad: Buybacks for US, Dividends for EU, 2024

Morgan Stanley: Which One Is It?, 2024

Podcast: Michael Mauboussin on the Meb Faber Show, 2024

Platform Aeronaut: Tech Company Dilution: Finding Ground Truth, 2024

Bg2 Podcast, Ep5: Stock Comp, AI Cold War, Valuations for LLM, 2024

WSJ: Buybacks Are Back: Corporate America Is on a Spending Spree, 2024

Sandbox Financial Partners: It’s really hard to beat the market, plus earnings season, stock buybacks, and geographic revenue exposure, 2024

Bloomberg: Big Oil’s Blockbuster $114 Billion Investor Payout Is Most Ever, 2024

Financial Myth-Busting: Prof. Kenneth French Debunks Buybacks’ Misconceptions, 2024

Morgan Stanley: Counterpoint Global – Cost of Capital and Capital Allocation, 2024

Joachim Klement: About Those Share Buybacks, 2023

Roger Lowenstein: Buffett on Buybacks: The Oracle Speaks With Censorious Tongue, 2023

Jason Zweig: Stock Buybacks Aren’t Bad. They Aren’t Good, Either, 2023

Aswath Damodaran: Podcast with Ritholtz, 2023

Johnson Asset Management: Equity Income Investing: Beyond Dividend Yield, 2022

Share Repurchases on Trial: Large-Sample Evidence on Share Price Performance, Executive Compensation, and Corporate Investment, 2022

Standard & Poors: Examining Share Repurchasing and the S&P Buyback Indices in the U.S. Market, 2020

OSAM: The Factor Archives: Shareholder Yield, 2019

Ed Yardeni, Stock Buybacks: The True Story, 2019

OSAM: Shareholder Yield: A Differentiated Approach to an ‘Efficient’ Market–US Large Cap Value, 2019

Jason Zweig: The Fireworks Over Share Buybacks Are Duds, 2019

Man GLG-Stock Buybacks: Freeing the Invisible Hand, or Legitimising the Fat Finger, 2019

Goldman Sachs: Top of Mind: Buyback Realities, 2019

Two Sigma: Share Buybacks: A Brief Investigation, 2019

AQR: Buyback Derangement Syndrome, 2018

J.P. Morgan: Annual Report, 2018

Warren Buffett: Berkshire Hathaway Annual letter, 2018

OSAM: Buyback Bulls and Bears, 2016

OSAM: High Conviction Buybacks, 2015

Aswath Damodaran: Stock Buybacks: Minunderstood, Misanalyzed, and Misdiagnosed, 2015

Michael Mauboussin: Disbursing Cash to Shareholders: Frequently Asked Questions about Buybacks and Dividends, 2014

OSAM: The Power of Share Repurchases, 2014

Meb Faber: Shareholder Yield, 2024 and 2024

William Thorndike, The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success, 2012

Michael Mauboussin: Share Repurchases from All Angels, 2012