alt Hacker News> Non dividend stocks only have value because other people think they have value (i.e. greater fool theory)
Alphabet buys back shares equal to the GDP of Uganda every year. There are more ways to return capital than through dividends.
> Non dividend stocks only have value because other people think they have value (i.e. greater fool theory)
Alphabet buys back shares equal to the GDP of Uganda every year. There are more ways to return capital than through dividends.
what happens when ALL the stocks have been bought back? what is the natural conclusion? you get extra points if you mention dilution i.e. oops we turned on the ~~money~~ stock printer and your stock is now actually worth less!