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Stock buybacks by reasonable firms, et al

Posted By: Rod
Date: Friday, 11 October 2013, at 8:31 p.m.

In Response To: My simple solution (David Rockwell)

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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