One Signal Can Be Noise. What Happens When Three Line Up?
Gianni Di Poce tracks the long-term Tide, mid-term Wave, and short-term Ripple—looking for the moments when all three point in the same direction. → See How the Alignment Works

Don Kaufman not a fan of share buybacks

“I am vehemently opposed to share buybacks,” TheoTrade co-founder Don Kaufman told NTD News. Twitter recently announced that it will repurchase, or buyback, $4 billion of its shares. For companies like Twitter buybacks usually benefit the executives and the Board, said Kaufman.

Often, companies incur debt for a share buyback. “Are we going to constantly refinance that debt when inflation hits, like we’re seeing now?” asked Kaufman.

Don Kaufman

Don Kaufman is options trader and educator. Former CBOE market maker, former Chief Derivatives Instructor at thinkorswim, and former Director of the Trader Group at TD Ameritrade. In 2015 he co-founded TheoTrade to teach traders how volatility, probability, and risk really work.

More about Don Kaufman

	Today
09.00	Don Kaufman \| Pre-Market Prep \| FREE SESSION 09.20 09.30 Don Kaufman \| Early volatility 09.20 10.30
09.30
10.00
10.30	Jeff Bierman \| Market structure 10.30 11.30
11.00	Jeff Bierman \| Market structure 10.30 11.30
11.30	Brandon Chapman \| Ghost Hour 11.30 12.30
12.00	Brandon Chapman \| Ghost Hour 11.30 12.30
12.30	Gianni Di Poce \| Macro overview 12.30 13.15 Elizabeth \| Price Action 13.15 14.00
13.00
13.30
14.00	Corey Rosenbloom \| Options tactics 14.00 15.00
14.30	Corey Rosenbloom \| Options tactics 14.00 15.00
15.00	Blake Young \| Market wrap 15.00 16.00
15.30	Blake Young \| Market wrap 15.00 16.00