Episode 119: Last week Wendy’s announced a $1.4 billion stock buyback, which is characteristic of the cheap money epidemic plaguing Wall Street. Companies continue to resort to balance sheet engineering, rather than making investments to improve their products and services. How long can this charade last?
Ultimately, production is the source of wealth. See Wealth Building Principle #3: https://www.wealthsteading.com/episode-3-production-is-the-source-of-wealth/
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