Seeking Dividend Yield for True Alpha

Featuring Michael Capombassis & Richard Hamm

Mike Capombassis and Richard Hamm of Bristol Gate Capital reveal their formula for consistent 20% returns year after year: discipline, data, and dividends.

Published on
29 September, 2016
Topic
Portfolio Management, Risk Management, Investment Framework
Duration
31 minutes
Asset class
Equities
Rating
62

Comments

  • IG

    Ivens G.

    9 10 2016 22:30

    0       0

    Great! Don't agree with everything, but it is great to see different approaches here.

  • BC

    Bob C.

    1 10 2016 01:48

    5       0

    While this appears to be a sound system (certainly validated by the track record and the long term dividend advantage), it would be wise to recognize that the (relatively short) track record has been established during one of the biggest yield seeking environments of all time. What happens in a 20-30 year rising interest rate period or a period where growth rules & dividends are less in demand?

  • T~

    Tshort63 ~.

    30 9 2016 03:19

    1       0

    Understand the Data Science approach etc. but at best like driving the car forward looking out the rear view mirror. One can answer: What happened, What is likely to happen and What should I do? Work best in predictable and static environments but the "what" always has a percent factor. I would perhaps use DS as one leg of a stool but mostly for ruling *out* things rather than in.

  • RM

    Robert M.

    30 9 2016 01:29

    1       0

    I suspect their success comes from selecting high quality companies (ie: those with stable and high ROEs). This makes the high dividend story a smokescreen. Its a simple fact that a company with a high ROE that can also reinvest its earnings rather than pay them out will see much higher total returns. I suspect this superfluous (and actually 2nd best) story about dividends gathers them more clients in this era of the reach for yield. Robert Meyer.

  • RP

    Ron P.

    29 9 2016 19:51

    6       1

    The non emotional data driven theme seems to ba a very logical way to manage money
    I would be able to sleep at night if these gentleman had my money as compared to other strategies

  • MH

    Marco H.

    29 9 2016 16:18

    17       1

    To me this was a different approach than many of the people featured on RV. Very good info. I am just surprised by the number of thumbs down!

  • EL

    Elizabeth L.

    29 9 2016 13:38

    15       0

    Very informative. Packed full of details. Will watch again.