If you read a newspaper one of the sections is the sports section. The reporters cover what happens on the sports field of the city particularly professional sports. The professional sports greatly helped by TV revenues but started with exposure on radio, for the TV networks professional sports are relatively inexpensive to produce, but guarantees in every game examples of determination, imagination, courage, drive, highs and lows or a microcosm portion of life. Within each sport of the hundreds of athletes which can be seen only a few emerge to change the game or dominate it with their play. Every sport has one – their names reflect the before and afterwards, before the player the sport was played; during and afterwards the player dominated a part of the game which meant everyone else had to change to both defend him or her and play like them. In the book, The Dominators – The Remarkable Athletes who Changed Their Sport Forever by Frank Orr and George Tracz published by Warwick Publishing, Toronto, 2004. Professional sports are a big field and as North Americans the sports more athletes are from there but the names are world-wide – Muhammad Ali. Lance Armstrong, Bjorn Borg, Jim Brown, Babe Didrikson, Julius Erving, Wayne Gretzky, Mia Hamm, Michael Jordan, Sandy Koufax, Nancy Lopez, Maradona, Rocky Marciano, Helen Wills Moody, Joe Namath, Martina Navratilova, Jack Nicklaus, Bobby Orr, Pele, Richard Petty, Jacques Plante, Jerry Rice, Jackie Robinson, Patrick Roy, Bill Russell, Babe Ruth, Pete Sampras, Michael Schumacher, Secretariat, Annika Sorenstam, Lawrence Taylor, Serena Williams, Tiger Woods and Cy Young, There is no doubt other names could be put forth but the authors had to narrow the field down.
Linking to dividend paying stocks, the dominator in this case are the companies who have continued to make profits and raising their dividends on a yearly basis. The reality is there are not that many companies on the list but those on the list make it look easy to do. One of the biggest challenges on choosing the dominator is to narrow down the field which allows you to pick one of many great choices. When investing try to pick a dominator or best in class and although stock prices will go up and down, your choice will pay off well.
There are more questions than answers, till the next time – to raising questions.