09-30-2013, 08:50 PM
(09-30-2013, 09:22 AM)TomK Wrote: That's good insight. I guess that is as good an explanation as any as to why an individual investor following a conservative dividend growth strategy with a long time horizon really can beat the "smart money" on Wall Street. The myopic focus on short term results almost forces them to put far too much emphasis on daily and weekly political events, creating periods of over- and under-pricing that smart individuals can use to great advantage, if they have the time and patience to do so.
Nice post, Tom!
As to shopping, my short list is the usual suspects I've been after lately, with PM and KO at the very top of the list, with TGT close behind.