Dividends and Hoosiers

Hoosiers is a nickname to describe Indiana basketball and is a movie about a small town against all the odds, the high school basketball team went to the State Final and won. The movie is from MGM and made in 1986. In Texas, Friday night football is the big event of a community, in Indiana basketball has the same affect. Sports play a role in community and when it works, there is nothing better to bring the community together and Hoosiers the movie represents that viewpoint. In the small town world, although it seems relatively simple, there can be various undercurrents for things that happen recently and faraway.

Besides the Cinderella story of a 7 person basketball team going all the way to winning the state championship against the a more powerful, wealthier and recruited team; there are other lessons to learn. In the movie, the coach is played by Gene Hackman whose character was a college coach with a winning record and wants to win more than anything else. When he coaches the small town team, some of that comes out; as well as the desire not to do it again – maturity and the love of the game are also important. The other lessons – the focus on the fundamentals, the combining of the group to be a team, to break down the team at the start of the season to build them up; the measurements of the hoop and key when they reach the building where the state championship is held.

Linking to dividend paying stocks, while the desire to buy a stock not on the radar and as it grows to become a leader you would benefit financially, you have to recognize these are rare examples (Wal-mart). An easier process is to look for a mature management that has desire to grow the company and loves doing what the company does. You should be able to find more of them and they will benefit you, with limited risks.

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

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