What the Buyback Bought

Podcast: The Long Game for All: Counting What Frontlines Know · Venki Padmanabhan

Opublikowano: 2026-10-21

On Tuesday, GM’s board approved $20 billion to buy back its own stock. Let me tell you about a man who helped make that money. Jim, an operator on my line at Buick City in Flint, kept a good book beside him and read between jobs. I once gave him my statement of purpose in life. He gave it back with careful notes. I still have them. His job card asked for parts installed on time. It never asked for what he gave me in those margins. Jim did not buy either story he was to...