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A couple weeks ago, I was looking to write a piece for

fortune about the buyback thing because Bernie Sanders wanted to ban buybacks.

I don't know, 10% of finance Twitter Twitter 20% is kind of on board with that and so I

wanted to look at what the cumulative amount of buybacks has been in

comparison to dividends so I called up a friend Caleb at Why Charts. He broke it down for me by

company and actually there's a way to do this on Y charts. We can look at how much money

each company and he has bought and back in their own stock and I can find it going back to 1996 and then I could roll it up into every single company in the S&P.

So I did that. That's going to be a piece on my blog that you should see this week by the time this runs and if you want to take wide charts for a spin

telemanial spirits send you they'll give you 20% off your very first subscription.

Welcome to Animal Spirits a show show about markets, life, and investing.

Join Michael Batnick and Ben Carlson

as they talk about what they're reading, writing, and watching.

Michael Batnick and Ben Carlson worked for Ritholz Wealth Management.

All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions

and do not reflect the opinion of Ritholz Wealth Management.

This podcast is for informational purposes only and should not be relied upon for investment decisions.

Clients of Rit Holt's Wealth Management may maintain positions in the securities discussed in this podcast.

Welcome to Animal Spirits with Michael and Ben.

So in the last couple weeks there have been a bunch of big CEO departures

and I've got a hot take on this already.

So Nike and Under Armour CEOs both left in like the same week.

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