{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/663e29e5cede820013fbb1a2/6990704a7301331f1fc4498d?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Dividendi vs Buyback azionario: Cosa conviene? (Ep. 86)","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/663e29e5cede820013fbb1a2/1771073575210-dc6dd453-756a-4d57-a205-23bac4a6b035.jpeg?height=200","description":"<p>Oggi parliamo di Dividendi e Buyback e dividendi e poi di nuovo buyback. Sembrano la stessa cosa ma non lo sono. O forse si?</p><p><br></p><p>I consigli di oggi:</p><p><strong>Nicola: </strong><a href=\"https://www.youtube.com/watch?v=FjGaAEh5GWI\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>infinite Loops con Cliff Asness</strong></a></p><p><strong>Vittorio: </strong><a href=\"https://www.youtube.com/@illatooscurodellatv5471\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Il lato oscuro della tv</strong></a></p><p><strong>Alain: </strong><a href=\"https://www.youtube.com/watch?v=37C7fXr8XSY\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Primate economics</strong></a></p><p><br></p><p><strong>🎺 LA PROMO</strong></p><p>L’unica certezza che ci resta è risparmiare in bolletta! Con <a href=\"https://www.toobigtofail.it/promo_switcho\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Switcho</strong></a> il gioco è facile: apri, inserisci tre dati e ricevi la loro migliore offerta. È l’offerta migliore in assoluto? Magari sì, magari no, ma ha comunque un ROI pazzesco rispetto a non fare nulla.</p><p><br></p><p>Cose nominate (forse):</p><ul><li><a href=\"https://finanzacafona.it/2025/11/errori-strategie-a-dividendi-vanguard.html\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Lo studio di Vanguard sui dividendi</strong></a></li><li>Miller, M. H., &amp; Rock, K. (1985) - \"<a href=\"https://www.jstor.org/stable/2328393\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Dividend Policy under Asymmetric Information</strong></a>”</li><li>Healy &amp; Palepu (1988) - \"<a href=\"https://www.sciencedirect.com/science/article/abs/pii/0304405X88900591\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Earnings information conveyed by dividend initiations and omissions</strong></a>\"</li><li>Michaely, Thaler &amp; Womack (1995) - \"<a href=\"https://www.jstor.org/stable/2329420\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Price Reactions to Dividend Initiations and Omissions</strong></a>\"</li><li><a href=\"https://www.investopedia.com/terms/l/lintnersmodel.asp\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Modello di smoothing dei dividendi di Lintner</strong></a></li><li><a href=\"https://www.investopedia.com/terms/r/rule10b18.asp\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>SEC Rule 10b-18 (1982)</strong></a></li><li><a href=\"https://it.wikipedia.org/wiki/Teorema_di_Modigliani-Miller\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Teorema di Modigliani-Miller</strong></a></li><li>Articolo HBR \"<a href=\"https://hbr.org/2017/05/the-error-at-the-heart-of-corporate-leadership\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>The Error at the Heart of Corporate Leadership</strong></a>”</li><li><a href=\"https://www.wsj.com/articles/insiders-pocket-gains-on-buybacks-vexing-regulator-1528646400\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Robert Jackson (SEC) su buyback e insider trading</strong></a></li><li><a href=\"https://www.ineteconomics.org/uploads/papers/LAZONICK_William_Profits-without-Prosperity-20140406.pdf\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>William Lazonick su buyback e allocazione capitale</strong></a></li></ul><p><strong>🫵 TooBiggie, abbiamo bisogno di te:</strong></p><p><br></p><p><a href=\"https://toobigtofail.it/\" rel=\"noopener noreferrer\" target=\"_blank\"><strong>Condividici</strong></a> coi tuoi amici, giragli il link, una nostra foto NSFW, minacciali in bagno se non ci ascoltano! Altrimenti trova altri modi de<a href=\"https://www.toobigtofail.it/facce-campa/\" rel=\"noopener noreferrer\" target=\"_blank\"> <strong>farce campà</strong></a>!&nbsp;</p><p><br></p><p><em>Non dimenticarti a</em><a href=\"https://www.toobigtofail.it/newsletter/\" rel=\"noopener noreferrer\" target=\"_blank\"><em> </em><strong><em>Newsletter</em></strong></a><em>, il</em><a href=\"https://www.reddit.com/r/TooBigToFailPodcast/\" rel=\"noopener noreferrer\" target=\"_blank\"><em> </em><strong><em>Subreddit</em></strong></a><em>, lu</em><a href=\"http://toobigtofail.it/shop\" rel=\"noopener noreferrer\" target=\"_blank\"><em> </em><strong><em>Merch store</em></strong></a><em>, le</em><a href=\"https://ko-fi.com/toobigtofail\" rel=\"noopener noreferrer\" target=\"_blank\"><em> </em><strong><em>Donazioni</em></strong></a><em>, la</em><a href=\"https://www.toobigtofail.it/contatti/\" rel=\"noopener noreferrer\" target=\"_blank\"><em> </em><strong><em>Posta del cuore</em></strong></a><em>, li blog di</em><a href=\"https://theitalianleathersofa.com/\" rel=\"noopener noreferrer\" target=\"_blank\"><em> </em><strong><em>Nicola</em></strong></a><em>,</em><a href=\"https://finanzacafona.it/\" rel=\"noopener noreferrer\" target=\"_blank\"><em> </em><strong><em>Vittorio</em></strong></a><em> ed</em><a href=\"https://saltomentale.it/\" rel=\"noopener noreferrer\" target=\"_blank\"><em> </em><strong><em>Alain</em></strong></a><strong><em>. </em></strong><em>E la </em><a href=\"https://www.toobigtofail.it/dividendi-vs-buyback-azionario-cosa-conviene-ep-86/\" rel=\"noopener noreferrer\" target=\"_blank\"><em>trascrizione</em></a><em>!</em></p><p><br></p><p><em>Grazie per la sigla:</em><a href=\"https://pixabay.com/music/upbeat-bounce-114024/\" rel=\"noopener noreferrer\" target=\"_blank\"><strong><em> Bounce</em></strong></a><strong><em>.</em></strong></p>","author_name":"Nicola Protasoni, Finanza Cafona (Vittorio), Salto Mentale (Alain)"}