Sorry, Warren Buffett, buybacks aren’t that simple

By Joe Nocera (originally published by Bloomberg) - So Warren Buffett is “delighted” that Apple Inc. has decided to buy back $100 billion worth of its own stock. And really, why wouldn’t he be?…

[Cross-posted from Bloomberg publication of May 8, 2018
at https://www.bloomberg.com/view/articles/2018-05-08/apple-s-stock-buyback-isn-t-as-simple-as-warren-buffett-says]

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