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
Pullback Shopping List It’s happening. We’re finally getting a pullback in the stock market. Every pullback presents an opportunity to add to an existing position or a new position if its stock price drops below our estimate of fair value…. Read More
The recent trades we made so far n the AMM Dividend Growth strategy during the market correction. Why Disney & Yum are now sources of cash despite us still liking them Domino’s Pizza becomes a full position Other trades involving… Read More
Listen Books The Behavioral Investor AMM Dividend Letter Vol. 1 AMM Dividend Letter Vol. 2 AMM Dividend Letter Vol. 3 Transcript Welcome to the 10th episode of the AMM Dividend Growth Podcast. I’m Glenn Busch a portfolio manager at American… Read More
Why did we trim Apple, Visa, and MasterCard in the AMM Dividend Growth strategy? Glenn explains why our portfolio management rules lead to these trades, why trimming winning positions is one of the hardest things to do, and how our… Read More
Happy New Year! As we begin 2020 we are trimming some positions in the AMM Dividend Growth strategy that currently exceed our maximum position size threshold. So far we’ve trimmed Visa (V), MasterCard (MA), and Apple (AAPL). We’ll likely trim… Read More
Visa (V) and MasterCard (MA) are the two lowest yielding positions in our dividend growth portfolio, both yield under 1%. We think they will be the two companies to grow their dividends the fastest. They both have low payout ratios… Read More
This is from the AMM Dividend Letter released October 4, 2014. If you want to see the latest “Dividend Stock in Focus” as soon as it’s released then join our mailing list here. Berkshire-Hathaway, the company that Warren Buffett built… 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