Impact of Consistent Buybacks on Stock Price

Stock buybacks are generally not beneficial to most investors.Many studies have shown that companies that buy their own stock do not perform well in the long run. Buybacks are mainly an accounting trick to manipulate stocks prices. When companies engage in buybacks their timing is usually bad too. For example, just before crash due to the global …

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MSCI Single Country Index Returns Review: Emerging Markets 2005 To 2014

Yesterday we reviewed the Periodic Table of Investment Returns for Developed Markets. The chart below shows the MSCI country returns for Emerging Markets: Click to enlarge Source: Blackrock Brazil has been an average to poor performer since 2010. It is surprising that Indonesia and Philippines are among the top in terms of 10-year annualized returns. …

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MSCI Single Country Index Review: Developed Markets 2005 To 2014

The following chart shows the returns for the various MSCI single country indices: Click to enlarge Source: Blackrock It is surprising that Singapore yielded the highest annualized return in 10 years during the period shown. Ireland has been the worst performers in five years during the same period. While the MSCI German index fell by …

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