December 15, 2009
Dear Dog Lovers – I think it’s time to rethink…
… in case your stock picking strategy is Dow 10 – better known as Dogs of the Dow. This year, buying the 10 Dow Jones Industrial Average stocks with the highest dividend yields has failed to deliver market-beating returns, writes Bloomberg, quoting a (very problematically titled) report by Bespoke Investment Group LLC:
Dogs Remain Dogs in 2009 (December 12)
Bad, bad, bad. As you can read: The Dogs of the Dow strategy struggled in 2008 as well. So it’s time, I think, that you just take your time and rethink!
Dogs of the Dow – I personally don’t even like the name of this strategy. It’s insulting to dogs, isn’t it? And in my methodological perspective, by the way, this strategy is used only by investors who are knuckleheads, noodleheads or blubberheads.
See you next time!


