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Podcast: The Dividend Cafe
Episode: Dividend Logic vs. Speculative Madness
Description: Today's Post - https://bahnsen.co/4924jl3
Predictions are fun. They are not, though, at the heart of the investment business. They can be very important in the methodology and process of some speculators, and they can even be marginally additive for some investors. But “predictions” are not quite the same as “calculations,” and they are categorically different from “belief systems.” At the core of all good investors lies a philosophy. I find it an unimprovable joy in life to study the investing philosophies of great investors. I never, ever, ever find one who relies on “feel” or “just has tha...