Comments on: Harvard’s Breakthrough Idea: Don’t Pay Dividends! http://capital-flow-analysis.com/capital-flow-watch/harvards-breakthrough-idea-dont-pay-dividends.html Predicting markets with flow of funds ... Sat, 11 Oct 2008 10:29:45 +0000 http://wordpress.org/?v=2.0.2 by: Dividends: a bad corporate strategy? - Early Retirement Forums http://capital-flow-analysis.com/capital-flow-watch/harvards-breakthrough-idea-dont-pay-dividends.html#comment-25431 Wed, 07 May 2008 21:54:56 +0000 http://capital-flow-analysis.com/capital-flow-watch/harvards-breakthrough-idea-dont-pay-dividends.html#comment-25431 <p>[...] Dividends: a bad corporate strategy? I just came across this 2007 blog comment on a Harvard Business Review article: Harvard’s Breakthrough Idea: Don’t Pay Dividends! ::: Capital Flow Watch. Unfortunately, I can't access the original HBR article (not without paying a $6.50 fee, anyway). But reportedly it advocated the stupid &#34;breakthrough idea&#34; that, when faced with excess cash, management should waste the money on an acquiition strategy, notwithstanding inflated prices. I am not so naïve as to think that this sort of warped corporate thinking doesn't secretly happen all the time. But it's rather shocking to see it publicly lauded by the Harvard Business School. __________________ &#34;There is no more dreadful punishment than futile and hopeless labour&#34; - Albert Camus [...]</p> […] Dividends: a bad corporate strategy? I just came across this 2007 blog comment on a Harvard Business Review article: Harvard’s Breakthrough Idea: Don’t Pay Dividends! ::: Capital Flow Watch. Unfortunately, I can’t access the original HBR article (not without paying a $6.50 fee, anyway). But reportedly it advocated the stupid "breakthrough idea" that, when faced with excess cash, management should waste the money on an acquiition strategy, notwithstanding inflated prices. I am not so naïve as to think that this sort of warped corporate thinking doesn’t secretly happen all the time. But it’s rather shocking to see it publicly lauded by the Harvard Business School. __________________ "There is no more dreadful punishment than futile and hopeless labour" - Albert Camus […]

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