Retirement often provides our clients with the time and energy to accomplish the home remodel of their dreams. While you may already have clear visions of your paint colors and new flooring, making decisions around funding these visions may feel… Read More
The Big Picture ~ Financial Discipline and Happiness Global markets are in the midst of a bear market, with developed market stock prices down approximately 20% from the peak reached in early January. This is the 14th of these episodes… Read More
The long-term dividend history of the New York Times is atrocious. But when we zoom into the last few years something interesting emerges. A 3-year CAGR of 20% for its quarterly dividend. The growth corresponds with a business strategy shift… Read More
Barriers to Entry Why have luxury goods companies like Möet Hennessy Louis Vuitton and Hermes been long-term winning companies and stocks? They create a barrier to entry to competitors through two methods. Signaling The first is signaling. What do the… Read More
Congratulations! You are welcoming a new addition to your family. There is a lot to decide, from baby’s name to which sleep training method you will (or won’t) use. With so much going on, it’s easy to push finances to… Read More
Decision Finality Decision finality is when you become more certain about a decision when you can’t undo it. You’re far more certain your horse will win after you place a bet on it than before. How does decision finality affect… Read More
Bottleneck Business A bottleneck business is a term created by Akre Capital Management and it describes a business that: a) sits atop large, global, secular growth opportunities fed by multiple industries and geographies, b) has those opportunities funneled (hence the… Read More
The historical dividend per share chart for The New York Times is horrible. But if we zoom into the last 5 years, it gets interesting. That’s an 11.8% CAGR. The last few years highlight a structural business shift. This strategy… Read More
We eat 350 slices of pizza per second in the U.S. A pizza delivery company that feeds our insatiable demand for pizza could be a great investment. We think so and that’s why we own Domino’s Pizza (DPZ) in our… Read More
During any market correction — we’re lumping corrections and bear markets into one category for this article — a common question is how are you managing risk in the AMM Dividend Growth Strategy? Risk management is something that happens before… Read More
Portfolio Resilience2022 marked a negative year for markets, as inflation, rising interest rates, and geopolitical strife weighed on stocks, bonds, housing, and just about