Dividends and 42

In every sport there are special numbers because of the person who wore the uniform. In baseball, the number is 42 and there is a movie about it called 42 The Jackie Robinson Story, 2013. The gentleman who wore the number besides being a terrific ballplayer helped his team win the championship was a negro. If you watch baseball today, you would ask what is the big deal? The big deal is the US has always been a land of contradictions – the founding fathers fought for liberty and equality of all. It was just never implemented in that fashion. From the founding of major league organized baseball to just after WW II, the major leagues were white only. There was a separate negro league, some say with better players. After the War, Branch Rickey the President and GM of the Brooklyn Dodgers decided to integrate the league with negro players. Jackie Robinson took the job and fortunately the team won. In all sporting leagues and many other leagues, when a team wins and then wins consistently; all teams will duplicate the winning formula. Brooklyn Dodgers won and soon all teams had negro players. Eventually the Negro league folded as the best players went into the major leagues. Now days it seems the only way – people play the game.

Linking to dividend paying stocks, when a company is consistently making money, it can lead in changing society to a better place with its model of making money. Fortunately many dividend paying stocks cater to a wide variety of people and as long as they pay their bills, the company does not matter with their skin colour. In the movie the Jackie Robinson actor asks the Branch Rickey character why are you doing this? Branch says many years ago, I was a coach and an incident happen which I could not do anything about; now I can do something about it. While you collect your dividends and help ensure the company is profitable, it is possible to help correct some of the wrongs you see in your community.

There are more questions than answers, till the next time – to raising questions

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