I've been yanking on Briar's chain too. Most of his S&P-beating portfolio total return seems to be due to a fortuitous investment in BRK, which he said was his biggest holding.
Someone else asked him what his return WOULD have been if BRK were stripped out of the results....
There's wasn't any need to call anyone "defensive". It was a needless potshot.
But this is going nowhere. We can have dialogue or we can have controversy. I prefer the former, so I will bid you adieu. Please sweep up any broken china and turn off the lights when you leave.
Dividends: A Case of Behavioral Heuristics? [View article]
Hah, seems like an unfair test. Even IF Mo and BRK had the same returns, iIn your experiment the MO dividends are removed and spent , but BRK never seems to get sold. Are you going to spend it or are you going to hold onto it for 50 years until you have to donate it to the Gates Foundation to avoid death taxes?
Look, dude, you started out with the barbs in your very first comment. It's been a continuing theme in a dozen other posts. You seem to have a chip on both shoulders and dare someone to knock them off, then when someone does, you act surprised.
You seem to be the one making it "us versus them". Try commenting with a positive tone and maybe you'll be surprised how you'll get positive comments in return.
And leave out the anti-religious crusade or I'll be forced to pray for you. And I'm not a praying kind of guy.
Dividends: A Case of Behavioral Heuristics? [View article]
Which thought experiment? The "would Warren be richer if Berkshire paid dividends" one? If so, I'd say you are asking the wrong question. You should be asking if Warren would be richer if he'd only invested in companies that never pay dividends.
Is There A Misplaced Mania Over Dividend-Paying Stocks? [View article]
Dave,
If you're anal. that makes me anal as well. I also track all my IRA holdings the same as I do my taxable accounts. I rationalize the extra (and probably unnecessary) time and effort as "being consistent".
Dividends: A Case of Behavioral Heuristics? [View article]
Briar,
I think the lesson here is is that MO, a dividend payer with all those "disadvantages" you love to point out, can still beat a non-dividend payer like BRK. You need to think outside the box...
Dividends: A Case of Behavioral Heuristics? [View article]
Lobachevsky,
Fair enough. I had my qualms about MO too, but more about the potential of litigation liabilities, otherwise I would have bought a lot mor than I did.. As for the addictive qualities, well, people will do what they do, tobacco is far from the only life-shortening vice. And congratulations for your investment in BRK. I like seeing people make money (unless it's someone shorting one of my longs).
Tony, I can indeed take a joke. I usually make fun of myself long before others get the chance.
I'm afraid our friend larocag needs to loosen up. He may well have something to offer, but nobody will listen because he always leads off with the insults. Your investment style quite different from most here, but I don''t see anyone lambasting your inputs.
Dividend Is Not A Four-Letter Word [View article]
Good points. I definitely have fun with my investments. I try to run it as a business, but enjoy it like a hobby.
Why, At 28, I'm Going With Dividends [View article]
Why I'm A Dividend Maniac [View article]
I've been yanking on Briar's chain too. Most of his S&P-beating portfolio total return seems to be due to a fortuitous investment in BRK, which he said was his biggest holding.
Someone else asked him what his return WOULD have been if BRK were stripped out of the results....
Dividend Is Not A Four-Letter Word [View article]
But this is going nowhere. We can have dialogue or we can have controversy. I prefer the former, so I will bid you adieu. Please sweep up any broken china and turn off the lights when you leave.
Dividends: A Case of Behavioral Heuristics? [View article]
Don't answer, we already know.
Dividend Is Not A Four-Letter Word [View article]
You seem to be the one making it "us versus them". Try commenting with a positive tone and maybe you'll be surprised how you'll get positive comments in return.
And leave out the anti-religious crusade or I'll be forced to pray for you. And I'm not a praying kind of guy.
Why, At 28, I'm Going With Dividends [View article]
I wish my dad had put me on the path to investing. I had to learn the hard way....and am hopefully still learning.
Dividends: A Case of Behavioral Heuristics? [View article]
Why I'm A Dividend Maniac [View article]
If you call Lawrence, find out his average portfolio returns...
Why I'm A Dividend Maniac [View article]
The Misplaced Mania Over Dividend-Paying Stocks [View article]
I dunno, I've consistently made a lot of money selling options.
Is There A Misplaced Mania Over Dividend-Paying Stocks? [View article]
If you're anal. that makes me anal as well. I also track all my IRA holdings the same as I do my taxable accounts. I rationalize the extra (and probably unnecessary) time and effort as "being consistent".
Dividends: A Case of Behavioral Heuristics? [View article]
I think the lesson here is is that MO, a dividend payer with all those "disadvantages" you love to point out, can still beat a non-dividend payer like BRK. You need to think outside the box...
Dividends: A Case of Behavioral Heuristics? [View article]
Fair enough. I had my qualms about MO too, but more about the potential of litigation liabilities, otherwise I would have bought a lot mor than I did.. As for the addictive qualities, well, people will do what they do, tobacco is far from the only life-shortening vice. And congratulations for your investment in BRK. I like seeing people make money (unless it's someone shorting one of my longs).
Dividend Is Not A Four-Letter Word [View article]
I'm afraid our friend larocag needs to loosen up. He may well have something to offer, but nobody will listen because he always leads off with the insults. Your investment style quite different from most here, but I don''t see anyone lambasting your inputs.