In the 1960’s Clint Eastwood starred in a some cowboy movies and they were known as Spaghetti Westerns, partly they were shot in and around Italy although the stories were from the western US. The movie producer was Sergio Leone and the movies were commercial success. Recently on You Tube saw the movie For a Few Dollars More and the movie is still entertaining.
In addition, if desired one can learn something about management systems and those that plan and those that rush in, hoping for the best. The Clint Eastwood character with the poncho was the bounty hunter with terrific given skills in the ability to shoot people and collect rewards. In some ways he made the country safer. The Lee Van Cleef character is the planner, because he does not have the skills on Clint’s character but he can made modifications to be his equal. In the movie, the two bounty hunters are after the same person for different reasons – the money and revenge.
If you love westerns, there are books and blogs about management and the westerns.
Linking to dividend paying stocks, the words of the westerns are still to be found in the financial markets because men grew up on cowboys and Indians movies. The reality is for most investors, they do not have more knowledge and information that the professionals who manage money and work on Wall Street. That being said, there is no reason to believe small investors can not do as well or better than Wall Street. In the movie For a Few Dollars More, both the criminals and bounty hunters were carefully watching how security was done at the bank. It took time and patience; when the safe was removed, the Lee Van Cleef character was the only one who knew how to open the safe without exploding sending the money all over the place. Everyone was talents, they see something, the trick is take patience, not swing for the fences and manage the risk, to maximize the reward. One way to do this is invest in companies that make profits and regularly pay dividends. You will be rewarded over the long term.
There are more questions than answers, till the next time – to raising questions.