Lead portfolio manager Glenn Busch breaks down our position in American Tower (AMT) The catalysts for future price appreciation and dividend Growth American Tower’s big option play The biggest risk to our investment Finally our estimate of fair value Listen… Read More
Portfolio Update: 2 New Starter Position, Selling eBay & Schwab, & Disney’s Dividend
Listen AMM Dividend Letters #39 – Proving Yourself Wrong & eBay #40 – The Emoji Guide to Investing & Charles Schwab #24 – How Long Can You Hold Onto Disney Links Horizon Kinetics Q3 2020 Letter The Art of Execution… Read More
Pool Corp: A High Quality Dividend Grower Priced too High
Pool Corp keeps popping up on our high-quality dividend growth screens so why don’t we own it? In episode 26 of the AMM Dividend Growth Podcast, Glenn breaks down how Pool Corp’s builds a business moat with its distributor model…. Read More
The AMM Dividend Growth Podcast Episode 25: A Hidden Monopoly
Broadridge Financial Services is an important company for the smooth functioning of financial markets. But it’s probably a company you don’t recognize. Broadridge is a company we’ve followed for a couple of years and then during the Coronavirus market panic… Read More
The AMM Dividend Growth Podcast Episode 24: Trimming Apple, Again
Why we trimmed Apple for a second time this year. How the short-term exuberance in tech stocks and specifically Apple went too far too quickly. How that was reflected in Apple’s current P/E ratio. Glenn breaks down what price or… Read More
The AMM Dividend Growth Podcast Episode 23: Reclassifying eBay & Disney’s Dividend
Glenn discusses why eBay was added to the portfolio and why we are reclassifying it as a source of cash. Glenn also covers how this might change. Then Glenn updates his thoughts on Disney’s ability to and desire to reinstate… Read More
The AMM Dividend Growth Podcast Episode 22: The Art of Execution
Sometimes you read a book that makes you rethink your investment philosophy and/or portfolio management style. The Art of Execution is that type of book. Glenn briefly breaks down the book about how some of the best European stock pickers… Read More
The AMM Dividend Growth Podcast Episode 21: Hilton or Marriott
We used to own Hilton in our Dividend Growth Strategy. A big reason why we bought Hilton was because of what Marriott did. In this episode, Glenn will explore: Why we like both companies as asset-light high ROIC businesses. How… Read More
The AMM Dividend Growth Podcast #19: Microsoft, Its Cloud Computing and SaaS Future
Digging into our archives, Glenn reviews our investment thesis in Microsoft (MSFT). A position since the start of the AMM Dividend Growth Strategy. Glenn discusses how our thesis changed as Microsoft’s cloud computing and SaaS future came into better focus… Read More
The AMM Dividend Growth Podcast Episode 16: Disney’s Suspended Dividend
Listen Books AMM Dividend Letter Vol. 1 AMM Dividend Letter Vol. 2 AMM Dividend Letter Vol. 3 Wisdom on Value Investing