> The long term stability of those buybacks isn’t taken into account with valuation models.
Really? The money that can be made in finance results in billions of dollars of wages and you think the PHDs they can hire with that money cannot properly evaluate the effect of stock buybacks in their valuation models?
> Every new dollar put into index funds gets invested proportionally in each company to the market cap of SP 500. Microsoft gets bid nearly 4.5c on every dollar. The top 10 stocks combined get 25c on every dollar.
Really? The money that can be made in finance results in billions of dollars of wages and you think the PHDs they can hire with that money cannot properly evaluate the effect of stock buybacks in their valuation models?
> Every new dollar put into index funds gets invested proportionally in each company to the market cap of SP 500. Microsoft gets bid nearly 4.5c on every dollar. The top 10 stocks combined get 25c on every dollar.
What's your point?