"It's hard to go wrong when you buy dollar bills for $0.80," says The Oracle. "Mr. Benmosche, you'd be buying them for $0.63," says Todd Sullivan, urging the AIG CEO to launch a share repurchase rather than dividends or debt repayment. Those squawking for a dividend don't know what's best for them or the company, says Sullivan. A $10B buyback would provide a 40-50% return on the firm's capital - no dividend plan can match that.
"It's hard to go wrong when you buy dollar bills for $0.80," says The Oracle. "Mr. Benmosche,...
From other sites
Video at CNBC.com (Wed, 7:42AM)
Video at CNBC.com (Jan 25, 2016)
Video at CNBC.com (Dec 10, 2015)
Video at CNBC.com (Nov 23, 2015)
Video at CNBC.com (Nov 3, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs