We Like Cannibals*

This podcast episode delves into numerous topics, including Jim Gillies' observations on Las Vegas and share buyback strategies. The discussion explores the successful buyback programs of companies like Apple and Medpace Holdings, contrasting them with the catastrophic buyback decisions of Sleep Number Company and AirCap. The episode also highlights the financial advantages of aircraft leasing companies and cautions against the dangers of excessive buybacks, especially in cyclical industries. Lastly, it shares cautionary financial tales about fraud and the unexpected financial consequences of winning dream homes in contests.