I see that Anthony Pompliano is making moves at Procap Financial with a pretty interesting share buyback program. What catches my attention is how they are managing the net amount of these operations; it seems they are serious about this.

This is not the typical news you see every day in the industry. Usually, you hear about acquisitions or mergers, but a buyback strategy of this scale says a lot about the confidence they have in their valuation. The net amount they are allocating to this must be substantial.

What do you all think? Is this a smart move or do you think there’s something more behind it? I’m always interested to see how established players manage their capital.