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Adam Lett

@Adamlett@mastodon.xyz
mastodon 4.5.19
  • Open on mastodon.xyz
0 Followers
0 Following
4 Posts
Joined April 07, 2018
Last.fm:
https://www.last.fm/user/KaptajnKold
Open post
Adam Lett @Adamlett@mastodon.xyz
· 2mo ago
Replying to
@jeremiah_@mastodon.social @fazalmajid@social.vivaldi.net @codinghorror@infosec.exchange Interesting point about the difference in spending at end of life. I would hypothesize that this is because old people have assets that they are willing to liquidate to continue to receive treatment, and the system is perversely set up to take advantage of this.
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Open post
Adam Lett @Adamlett@mastodon.xyz
· 11mo ago
Replying to
@nikitonsky@mastodon.online I’ve had many of the same thoughts, and created this Textmate theme: https://github.com/KaptajnKold/Minimal
github.com
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Open post
Adam Lett @Adamlett@mastodon.xyz
· 37mo ago
Replying to
@ballista11 @rbreich A company cannot “make” the stock go up by buying back shares. All things being equal, the money it uses to buy back shares causes its value to diminish (it becomes a poorer company), which for the remaining stock holders is balanced by them owning a larger piece of company. In other words, the price of the individual shares is not affected. Sometimes a stock goes up following a buyback, but there are many examples of the opposite happening.
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Open post
Adam Lett @Adamlett@mastodon.xyz
· 37mo ago
Replying to
@ballista11 @rbreich They may have that effect temporarily, because stock buybacks are considered a strong signal that the company’s management (who have the most knowledge about the market and the company’s position in it) believe that the stock is currently undervalued. But if the results don’t support this thesis, the stock will promptly drop back down. And as mentioned, there are many examples of companies whose stock drop following a buyback.
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