Re:Stock buybacks are dangerous for the economy
by clairity on Tuesday March 17, 2020 @02:17PM
(#22608193)
that's only limited by how you define the industry you're in. we'd have a lot more to worry about if no NPV positive opportunities existed at all (which would imply an exhaustion of relatively free raw inputs).
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Re:Stock buybacks are dangerous for the economy
by s1artibartfast on Tuesday March 17, 2020 @02:41PM
(#22608526)
>that's only limited by how you define the industry you're in.
I have seen a lot of great companies acquired and destroyed by parent companies in another industry.
It certainly can and is often done well, but is not trivial or risk free.
Re:Stock buybacks are dangerous for the economy
by clairity on Tuesday March 17, 2020 @02:53PM
(#22608692)
no doubt it's fraught with risk (including risks specific to diversifying or m&a), but all NPV-positive opportunities are at least a little risky by definition (no risk, no return).
acquisitions in general are all too often vanity projects, rather than synergistic value creators they're purported to be.