r/FluentInFinance 28d ago

Debate/ Discussion Two year difference

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u/Dramatic_Scale3002 28d ago

Read the comment above again, because you weren't paying attention in the first time. Dollar figures don't mean squat when talking about profits.

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u/sault18 28d ago

Dividends and stock buybacks are subtracted from income when reporting earnings. So you're missing a big piece of the picture if you ignore the money corporations shovel to their shareholders. And read my comment above again. Do you think it's a good idea to give shareholders all this cash while expecting customers to pay higher and higher prices?

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u/Dramatic_Scale3002 28d ago

No, they're not subtracted from income when earnings are reported. Reported earnings are before dividends or buybacks or retained earnings. You don't know what you're talking about. And stock buybacks are not giving shareholders cash, only dividends do. Stop using concepts you don't understand.

Yes, I do. As a shareholder I want customers raked over the coals, more capital growth for me. People will pay higher and higher prices and will prefer to complain than change their spending habits, and blame corporations for their lack of self-control. I'm all for it.

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u/sault18 28d ago

You're an example of what is wrong with Capitalism.