Following three decades of increasing investor focus on capital gains as the primary source of equity returns, many portfolios today reflect diminished exposure to dividend-paying stocks. However, against the current backdrop of slow U.S. economic growth, record amounts of cash … Continue reading
Many mutual fund managers will talk about the exciting growth potential of their holdings. But when you own a basket of 100 or more stocks, even the biggest winners may not make much of an impact. Link to Article
In the last great romantic novel of the 20th century, The Russia House, John le Carré calls one of his protagonists “the determined primitive, as people who deal in human nature have to be.” (The emphasis is, in every sense, mine.) Almost … Continue reading