Comment by _DeadFred_

12 hours ago

By manipulating the value of the stock that shareholders. In order to do what you claim it does, it has to.... manipulate the stocks value, aka stock manipulations. You give a distinction without a difference.

And shareholders only 'benefit' from this return if they sell their stock (ie give up being stock holders) versus the traditional method where stock holders receive and dividend and maintain their stock ownership. A dividend benefits all stock holdres, stock manipulation only benefits those that sell, a smaller arbitrary subset. Why chose a 'return' method that is only for some investors?

In what sense is it a manipulation? If I have a billion in cash and spend it all on a stock, that stock price will go up; that’s not manipulation. That’s supply and demand.

>Why chose a 'return' method that is only for some investors?

The investors control the company, so they get to decide that.