
#5 The Pianist
Behind the Balance Sheet
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Managing an Investment Portfolio
I always get slightly concerned when people a express valuations in the form of dividend yield, because that seems to me an incredibly dangerousa way of looking at it. I would rather buy something that was growing and grew its dividend, because over time, i would end up with e with a better income. In the end, ar i think your portfolio has a lot better chance of being diversifiedom from a corporate point of view. Even in the same industry, they can bebe very different to each other. And so you get very good diversification by by ing these different companies together,. That is really doing what you say would do.
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