Can't really explain it but this exchange of ideas as to when a company should, or should not, initiate a share buyback got me thinking of a particular scene in one of the two New York marathon episodes embedded in Seinfeld.
Jerry: You have no idea what an idiot is. Elaine just gave me a chance to get out and I didn't take it. This (pointing to himself) is an idiot.
George: Is that right? I just threw away a lifetime of guilt-free sex, and floor seats for every sporting event in Madison Square Garden. So please, a little respect, for I am Costanza, Lord of the Idiots
.Roxanne: (Yelling out the window) You're all winners!
George: But suddenly, a new contender has emerged.
Can't really explain it but this exchange of ideas as to when a...
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