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BGonline.org Forums
Stock buybacks by reasonable firms, et al
Posted By: Rod In Response To: My simple solution (David Rockwell)
Date: Friday, 11 October 2013, at 8:31 p.m.
What if you or others are undervalued? It's like a rational company deciding to buy back its own stock.
People enjoy "participating" by buying others.
It's a social thing.
You can hedge to some small degree.
People enjoy fantasy sports leagues - they're very popular. This is similar.
It's another way to compete, other than through backgammon, at a backgammon tournament.
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