“The people who want to achieve and aspire to be very good in their profession don’t mind the way we do things. It’s not normal to want to be as good as you can be. It’s normal to be average. “
– Nick Saban, Head Football Coach, University of Alabama
Ok, I’ll go ahead and fess up. I am a college football fan, more specifically a University of Alabama football fanatic (Roll Tide!). Unfortunately, we have drifted in and out of mediocrity since Coach “Bear” Bryant retired after the 1982 season. We have had highs like winning our 12th national championship in 1992 and lows of being put on NCAA probation in 2002. We have changed coaches many times since 1982 and each time I hoped the new coach would be a winner. I never knew what was coming, until Coach Saban was hired.
From the first time I heard Coach Saban speak, it was no longer a matter of if we would return to our past championship ways, I knew it was only a matter of time. This is a man that will not settle for average. He points out in his book that his philosophy and teachings are not football specific. They can be applied to anything in life, including your family, your job or even your portfolio.
So many people just put their money in an index fund and are content with earning slightly below average returns (slightly below average = average – a management fee). Don’t get me wrong, that’s ok for most people. If someone doesn’t have the time, desire or aptitude to personally manage their investments, they should be commended for saving the best way they know how.
However, my goal is never to be average. For a market average to exist there must be stocks above and below the midpoint. I’m willing to sacrifice and put in the time and effort necessary to be above average. Time and effort doesn’t always equate to success, but it sure doesn’t hurt. I would have much rather tried and failed than to have never tried at all.
I’m pumped! Let’s go analyze some stocks! Roll Tide!
Full Disclosure: See a list of all my income holdings here.
- Is It Time To Sell Long-Bonds?
- Stocks That Pay Monthly Dividends
- When To Sell A Dividend Stock
- My Top 6 Performing Dividend Stocks Just Might Surprise You
- 10 Stocks With Sustainable Dividend Growth
Popular Posts - Last 7 days
In an utopian world, the perfect dividend stock would be one that is both high-yield and provide a high dividend growth rate. Its share pri...
Dividend sustainability is paramount for the high-yield investor. Having a stock cut its dividend could potentially crush their income. A hi...
Linked here is a detailed quantitative analysis of Apple Inc. (AAPL). Below are some highlights from the above linked analysis: Company D...
As mentioned in previous articles, I love inspirational (and other) quotes . I see quotes as a portal to someone’s inner self. They reveal m...
Linked here is a detailed quantitative analysis of The Clorox Company (CLX). Below are some highlights from the above linked analysis: Co...
Each weekend I highlight any notable articles that I came across over the past week. Though I may not always agree with each of the articles...
Charlie Munger, Warren Buffett's friend and partner, is quite an investor in his own right. Munger is vice chairman of Berkshire Hathawa...
Presented below are are my Dividend Growth Stocks portfolio holdings. This is not a recommendation to buy these securities. I have classifi...
I couldn't begin to estimate how many different stocks are traded around the world on the various exchanges. Like everything else, there...
Linked here is a detailed quantitative analysis of Archer Daniels Midland Company (ADM). Below are some highlights from the above linked an...