SDS (Seductive ...'s  Instablog

Must read.

28 May 2013

New Daniel Peris' book "The Dividend Imperative: How Dividends Can Narrow the Gap between Main Street and Wall Street" can be viewed as independent volume or as continuation of his previous book "The Strategic Dividend Investor". Although the new book addresses first of all to corporate America (top executives and Boards of Directors) it seems useful for investors (small and institutional). The investors can sharp their point of view on share repurchases and historical evolution of dividends in last half of century in USA based on original author's research. New arguments how to reshape corporate America and make it more shareholders friendly seems interesting although I do not expect that they be implemented overnight.
Overall I think "The Dividend Imperative" can be a good weekend reading.

28 May 2013

Purpose of this blogpost is to discuss opinions (and preferable facts) on the question in the title, so please comment.

In my opinion (IMO) sometimes Wall Street makes good for small investor (e.g., transform from trading stocks from 1/8 to cents) but WIN-WIN almost impossible between Wall Street and Small Investor.

For example, Wall Street manipulates Small Investor and force him/her assume that

a) it is good to stay 100% investing all time;

b) he/she can easily beat market with "smart" trades;

c) prime goal of many Wall Streeters is to help Small Investor;

d) blind dollar-cost averaging is good for everyone;

e) font load is a sign of good mutual fund;

f) IPO and M&A is sure thing to make money;

etc......

There are many half-true ideas flying around stock market - it seems useful to point who rather win from usage of each of these ideas.

What do you think?

28 May 2013