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Michael J. Mauboussin @MichaelJMauboussin
ยท
Feb 8, 2023
Gary, I would recommend reading up on this (I did not until recently). Buybacks accelerated a lot after 1982, but they were neither illegal nor that scarce. In fact, the great Charley Ellis (of The Loser's Game fame) co-authored a book about them-in 1971.
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