12th March 2018
Is it better to invest for dividend income or capital gains? This is one of the perennial questions asked by equity investors. In ‘Depressed lobsters and the dividend yield trap’ our Chief Investment Officer, George Cooper, explains why chasing dividend yield can lead to a portfolio of yesterday’s corporate losers and tomorrows corporate failures. His argument draws on some of the provocative behavioural ideas of best selling author, Jordan Peterson.