Somebody woke up on the wrong side of the bed…or I mean “wakes”?
https://www.cnn.com/videos/business/2018/10/19/mining-ceo-call-commit-suicide-mc-orig.cnn-business
Haha someone texted me that immediately. Maybe someone should start a thread of funny quotes from otherwise boring conference calls. I don’t listen to many anymore but this one is my favorite so far this quarter
So, should we think about you guys being fairly active on the buyback going forward too, as long as the stock stays this cheap?
John Allison
I would think so. I don’t see any reason for us to change that. We have authorization. We may have to go back to the well and get additional authorization but we can get that. So someone asked me on the road recently he said, are you spending your capital buying stock? And I said, we didn’t spend any of our capital. They said, I thought you bought back $45 million worth of stock. And I said, that’s Donald Trump’s money. That’s what he gave us. So, we’ve spent a lot of Trump’s money. We haven’t spent any of ours yet.
Meh, it’s worth listening to the Q&A of the Cliff’s call where all the action happened. It was actually delivered in a surprisingly comical and non-threatening way. Of course CNN and CNBC couldn’t handle it so now it’s a thing. It’s a little out there but not nearly as bad as it’s been represented and it was definitely hilarious. Guy had some really good points too.
Love it, America needs to clone this guy! 