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Bob Wells

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  • A Current Review Of Dividend Safety Superstars - Part Two [View article]
    Blue

    Nothing. My sole investment costs were David Van Knapp's book and $10 per month for FastGraphs.

    Bob
    Jun 14 11:22 AM | 5 Likes Like |Link to Comment
  • Dividend Growth Investors: Do They Have A Point Or Is It Too Close To Call? [View article]
    PTI

    Varan will avoid your question. He wouldn't even answer my simple request for what he believes is an appropriate benchmark for an investor in the distribution stage.

    Bob
    Jun 14 08:12 AM | 1 Like Like |Link to Comment
  • I Have No Fear Of A Market Crash Or A Significant Correction, Here's Why: Part 1 [View article]
    nicely put

    Bob
    Jun 13 06:58 PM | 4 Likes Like |Link to Comment
  • A Current Review Of Dividend Safety Superstars - Part Two [View article]
    Thank you Paul

    IMHO it's not half bad to have a philosophy and a process. My best friend and I have many spirited conversations. He is a deep ratio low PEG ratio kind of guy who could care less if a dividend is cut. After three years of spirited discussions we are still best friends. I get what he is doing, it just wouldn't work for me.

    Bob
    Jun 13 06:56 PM | 1 Like Like |Link to Comment
  • Putting Companies On 'Dividend Growth Probation' [View article]
    Dave..

    I too am guilty and like you I will try to stop doing so.

    Bob
    Jun 13 06:47 PM | 3 Likes Like |Link to Comment
  • Dividend Growth Investors: Do They Have A Point Or Is It Too Close To Call? [View article]
    Final comment S2l

    After all your work to save the world. You have far less than one like for every comment you make.

    I think its safe to say that your message is not exactly resonating.

    As George Burns would say....Say goodnight Gracie!

    And please remember ....Insanity is doing the same thing every day but expecting different results....
    Jun 13 06:37 PM | 4 Likes Like |Link to Comment
  • Dividend Growth Investors: Do They Have A Point Or Is It Too Close To Call? [View article]
    Sadly we well never no.....so sad yeah right!
    Jun 13 06:27 PM | Likes Like |Link to Comment
  • A Current Review Of Dividend Safety Superstars - Part Two [View article]
    mbn

    It amazes me that in para-mutual wagering being a winner matters but to even consider such a thing in market is some how considered insane.
    Jun 13 06:25 PM | Likes Like |Link to Comment
  • I Have No Fear Of A Market Crash Or A Significant Correction, Here's Why: Part 1 [View article]
    Chuck

    In my humble opinion this may be your best ever!

    Thank you so much for all you do.

    Bob
    Jun 13 06:22 PM | 18 Likes Like |Link to Comment
  • Dividend Growth Investors: Do They Have A Point Or Is It Too Close To Call? [View article]
    S2L

    Fourteen followers. WOW!
    Jun 13 06:00 PM | 1 Like Like |Link to Comment
  • Dividend Growth Investors: Do They Have A Point Or Is It Too Close To Call? [View article]
    I love Neil Young's refrain "Better to burn out than it is to rust" Just not in investing! HA!
    Jun 13 05:56 PM | Likes Like |Link to Comment
  • A Current Review Of Dividend Safety Superstars - Part Two [View article]
    I appreciate it chowder and totally understand what you're saying about cyclicals they can make for quite a ride.

    Bob
    Jun 13 05:54 PM | Likes Like |Link to Comment
  • A Current Review Of Dividend Safety Superstars - Part Two [View article]
    And thank you for the kind words

    Bob
    Jun 13 05:52 PM | Likes Like |Link to Comment
  • A Current Review Of Dividend Safety Superstars - Part Two [View article]
    sun

    According to my broker my YTD performance is 9.64% not including dividends as of 5-31.

    Bob
    Jun 13 05:51 PM | Likes Like |Link to Comment
  • A Current Review Of Dividend Safety Superstars - Part Two [View article]
    Here's the review Paul spoke of :

    While this book was revolutionary in the 1990s, it was obsolete when first published because it got exploited by investors everywhere as soon as it was known. What Works on Wall Street is in its 4th edition but has not even been updated since the 3rd edition. It did work as far as finding a strategy that's effective when back-tested but it is hopelessly outdated now. Jim has not had a hugely successful track record running money overall. O'Shaughnessy has worked in the US and Canada with mixed results. After the tech wreck the mutual funds Jim managed were shut down (Cornerstone Growth and Cornerstone Value) and the returns were fairly disappointing. In 1999, O'Shaughnessy started Netfolio, The Personal Fund Company, to offer individual investors the ability to build their own diversified portfolio over the internet. The company was closed in 2001. Jim had some decent returns in Canada until the 2008 downturn (when his fund experienced a 50% haircut!) but his ideas suffer from style bias since growth investments simply get slaughtered when the market is falling, flat or range-bound (as it appears to be now). Ultimately, returns from growth investing have shown to be inferior to value investing when risk is factored into the equation. The O'Shaughnessy US Growth Fund has returned 1.76% annualized over the last 10 years (as of Jan 2014) and has underperformed its peers in Small & Mid-Cap Equity and even treasury bills (visit Morningstar for more info). Needless to say, the ideas presented in this book don't have much practical value if you want to make money in the stock market and are even less applicable since 2008 but they do work as a history lesson.
    Jun 13 05:46 PM | 3 Likes Like |Link to Comment
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