Buybacks at $46B a Month Dwarf Everything in U.S. Market (2015)

Re:Buybacks at $46B a Month Dwarf Everything in U.S. Market ... by tomp on Monday April 04, 2016 @10:21AM (#11422047)

Either you're stupid, or there's a misunderstanding. Probably the latter. Let me try again. Assume that δ is the discount factor (δ = 1 / (1 + r)), P is price, and D_i is the dividend in year i.

Before dividend:

  P = D_0 + δ D_1 + δ^2 D_2 + δ^3 D_3 + ...

After dividend:

  P = δ D_1 + δ^2 D_2 + δ^3 D_3 + ...

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Re:Buybacks at $46B a Month Dwarf Everything in U.S. Market ... by JDDunn9 on Monday April 04, 2016 @01:05PM (#11423477)

When calculating the value of an annuity, all that matters is your number of periods, the amount, and your discount rate. This is why an annuity appreciation chart over time is continuous.

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Re:Buybacks at $46B a Month Dwarf Everything in U.S. Market ... by harperlee on Monday April 04, 2016 @01:05PM (#11423478)

This comment would be better without the gratuitous namecalling.

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Re:Buybacks at $46B a Month Dwarf Everything in U.S. Market ... by tomp on Monday April 04, 2016 @03:00PM (#11424432)

Sorry, I get very (too) emotional when someone is wrong with math...

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