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During a recession, this number obviously goes up (136 and 210 filed for bankruptcy protection in 2008 and 2009, respectively) but drops in times of economic expansion (58 and 64 filed in 2018 and 2019, respectively). On average, around 80 public companies file bankruptcy each year.
During a recession, this number obviously goes up (136 and 210 filed for bankruptcy protection in 2008 and 2009, respectively) but drops in times of economic expansion (58 and 64 filed in 2018 and 2019, respectively). On average, around 80 public companies file bankruptcy each year.
Robert completed His Undergraduate Degree at The University of Utah in Economics and his Master of Science in Advanced Personal Financial Planning at Kansas State University. 2009, January 20.) Investment Adviser Public Disclosure. Trone, Don. 2017, July 11). ThinkAdvisor. Just Say No’ to CFP Board’s New Standards. Weisman, Robert.
And the second was, of course, the Warren Buffett story that came out the same week, where he essentially called people who post buybacks, you know, economically illiterate. And again, some history, until 2009 or ‘10, Warren Buffett actually spoke out against buybacks. DAMODARAN: — as an economic phenomenon.
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