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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: mungofitch ✹✺🐝🐝🐝 SILVER
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Number: of 22989 
Subject: Re: Div stocks
Date: 01/26/24 12:32 PM
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Jim, would using % of 52 week high, with this screen of ROE and yield, help with this screen?

Maybe. That's a different sort of philosophy.

The notion was that you're really interested in the dividend on a solid portfolio, not specifically trying to beat the market.
If you include a momentum factor, there will inevitably be a lot more turnover. I just figured the intended audience for the post would not be into that.

If you want a bitter total return, in my view a "better" screen (in terms of hopes of beating the market a bit) would be the second one described here:
http://www.datahelper.com/mi/search.phtml?nofool=y...
It too has a dividend for every stock, presumably a lower average yield, but (I predict) a higher total return.
In the 3.75 years since that post, it has beat the S&P by 7.33%/year out of sample. (25.89%/year vs 18.56%/year)
It's a 40 stock portfolio where every stock is a large cap dividend payer with a high ROE, so it's probably not particularly risky.

I don't expect an advantage that big on average going forward, but it's some validation that the backtest wasn't JUST wishful thinking.

Jim
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This community has written 22,499 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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