Companies have been buying back their stock since 1983. It boosts prices, which makes shareholders happy. Of course, it can kill the company when it buys at $40, shares drop to $15, and the entire industry grinds to a halt.

Jared Dillian Podcasts

The Worst Traders of All Time

Money is hard to make, keep, and control—and almost everyone gets it wrong sometimes. Now, ex-Wall Street trader Jared Dillian is here to talk to you about money: from sorting out your personal finances to killing it on the stock market and everything in between. If you want to own your life—instead of borrowing or renting it—you need to start listening today.

About

Jared Dillian Podcasts