Chamath is back and doubled down again on the assblasted CNBC host youtube.com
Full interview: youtube.com
Chamath is back and doubled down again on the assblasted CNBC host youtube.com
Full interview: youtube.com
Other urls found in this thread:
finance.yahoo.com
twitter.com
based thank you for the full interview. CNBC keeps putting them behind shitty paywalls
Based capitalist
Facebook lottery winner turned “love me I hate capitalism.” What did investors do with the returned cash vs leaving in IBM?
He's a fucking hypocrite
>I hate corporate bailouts
>I hate capitalism
kys retard
>everyone should go bankrupt, no bailouts
>"should your friend and business partner Richard Branson get a bailout?"
>uh uh that's up to the UK government
He pretends that buybacks does nothing positive while forgetting that the money is being used to reinvest
Propping up the zombie companies because the boards that governed them took all the profit to invest elsewhere sounds like a shit base for your house of cards
If the money fuelled innovation elsewhere then idgaf
>begging the question
Right, the only way for innovation to take place is if we make sure the thousand richest Americans and their shitty calcified garbage companies can never lose.
Worked great for Teledyne, but that is a shining example of success for it.
BASED POO
>buybacks
>reinvest
user, I...
mans going ham
>muh elites pocketing all the buybacks
>drinking the socialist koolaid
>muh eat the rich
Seriously, fuck Chamath. He's setting himself up to become a politician with this populous garbage
no no you see that guy is just TEMPORARILY not a billionaire. Obviously...
I greatly reduced my CNBC intake when they keep putting this poo on and spew pollution on live tv. This street shitter wasted 2 halftime episodes in the last 2 weeks. Faggot
Do you even fucking know how buy backs work you fucking idiot??????? Stay in your corner you fat piece of slob. Let adults talk you child
>Oh no, they bought risk and lost! Quick we need to help skull and bones!
Buybacks are just a more tax-efficient alternative to dividends, and both are means of returning money to shareholders.
This conman actually criticizes corporations for returning *too much money* to shareholders (including retirees trying to supplement their SS and savings with investment income), which is pretty easy to do when you're a billionaire who could put all of his money in T-bills and still live like a Mughal.
He singles out IBM and its lost decade under Rometty, without acknowledging that she was a diversity pick (female).
He implies dividends and buybacks primarily benefit execs, when his pet example IBM only has .11% insider ownership:
>finance.yahoo.com
He gets BTFO by the host at 26m, when asked about his buddy Branson begging for gibs:
>Uh, that's up to the British government
LOL what a fraud and a hypocrite.
legend
You guys are deluded.
I'm amazed at how utterly stupid half of Yas Forums is, this place is nothing but degenerate gamblers throwing away their paychecks
He's not only criticizing bailouts, but also agitating for government-mandated changes to corporate dividend and share buyback policies.
I'm a NEET stockholder, and I do not want regulation forcing companies to give smug wagies pay raises when they could be returning the surplus profits to me and other shareholders as dividends or buybacks.
>I do not want regulation forcing companies to..
Fine with me but when the company goes bankrupt tough shit, not my problem.
>NOOOO YOU CAN'T LET THEM FAIL THE GOVERNMENT NEEDS TO MANIPULATE THE MARKETS
>THAT'S HOW CAPITALISM WORKS! WE NEED THEM TO LOBBY FOR OUR STUPID SENATORS
Then you are just a faggot that can't make money and needs the fucking government to save your retarded investments when they go to shit
Shut the fuck up faggot
Love Chamchan, I invested in IPOC today actually and will be investing more throughout my life's history
>Blames companies instead of naming the banker jew
Controlled opposition