One key ingredient in Warren Buffett’s “Secret Sauce” is stocks that pay a dividend, but then you’ve got to let them simmer for a very long time. Jim Gillies and Ricky Mulvey discuss Walgreens Boot Alliance’s disappointing 3rd quarter, the pharmacy chain’s turnaround story, what to look for in investor presentations, and why investors are cheering Brookfield’s $4.3 billion bid for life insurance company, American Equity. Plus, 12 minutes in, Robert Brokamp and Matt Argersinger discuss the fundamentals and tradeoffs of owning dividend payers. Companies mentioned: WBA, BN, BAM, AEL, KO, AMX, MO, HD, AOS, PLD. Links:
Rule Your Retirement article: https://www.fool.com/premium/rule-your-retirement/coverage/1062/coverage/2023/05/26/how-buffetts-secret-sauce-could-pay-for-your-retir/. Dividend Knights list: https://docs.google.com/spreadsheets/u/1/d/1-OPCz9pXOcgFqmbMR3wxREg4O7ws_qWW8RWqKPYn1D4/edit#gid=0. Host - Ricky Mulvey; Guests - Jim Gillies, Robert Brokamp, Matt Argersinger
Guests: Jim Gillies,Robert Brokamp,Matt Argersinger
