China, China, China.
He said it about 100 times in 3 minutes. I am pretty sure China gives Carl nightmares. He said he’d buy Apple back if he felt better about…(you guessed it) China.
Additionally, the king of making companies initiate share buybacks said he’s not a fan of buybacks. I guess this is Carl the human being talking and not Carl the hedge fund manager.
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https://www.youtube.com/watch?v=RDrfE9I8_hs