Don’t take any dividends for granted today. Business disruption is accelerating as entire industries are being eaten alive.
Uber and Lyft? Killed cabs.
Amazon (AMZN)? It’s crushing retail, and starving their REIT landlords right before our very eyes.
And soon, these disruptors might team up to offer more same day deliveries – and make more rivals obsolete!
These types of disturbances have added a new layer to contrarian investing. In years past, it was as simple as buying stocks when they were out-of-favor and holding them until they became back in vogue. The “Dogs of the Dow” strategy, for example, usually beat the market by banking the highest blue chip dividend yields – a sign that the tide was ready to turn back in the dogs favor.…
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