Cumulative Funds Flows and $5 Trillion in Stock Buybacks
Callum on Fund Flows
Bianco on Buybacks in Response
Win Smart on Buybacks
Buybacks Work Until They Don't
GE Market Cap
Since 2008, GE has spent $53 billion on share buybacks for a market cap of $75 billion.
Go back a few more years and GE will have spend more on buybacks the the company is worth.
Aren't executive options and cash-outs great?
Recall that Angelo Mozilo, former Countrywide Financial CEO cashed out over a billion in stock options while running the company into the ground.
Share buybacks provide a strong bid for insider selling at exorbitant prices.
Mike "Mish" Shedlock