Want to Seek 'Significant' Alpha? Look Beyond Dividend Stocks
On March 30, 2011 an author that I have a great deal of respect for published an article titled "Investors who seek Alpha should seek out dividend stocks". Although I share an appreciation and penchant for owning quality dividend paying growth stocks, I also took exception to the innuendo and conclusions that his article presented. Ironically, the article started out with one of my favorite and most cherished quotes by Thomas H. Huxley:"The deepest sin against the human mind is to believe things without evidence." The opening of the article, utilizing this extremely relevant quote, stirred up a great deal of fear on my part. I was fearful because the article suggested that a study, which the article quotes and is primarily based on, alleges to prove that dividend stocks outperform non-dividend stocks. Therefore, at least to my way of thinking, initially suggests that investors who want the best... Read more