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To my next guest over the past year.
Had you listened to and you would have made a lot of money.
And I'm asking myself.
Why was I -- at least one of these funds dynamic dividend of global dynamic -- total dynamic for the Alpine funds each one reaping big returns.
Kevin should not ski.
Has six billion in assets under management believes he's very much -- force with his team the brains behind all of this I think that the stopped going -- -- very relevant past year.
So where we've shown a lot of success -- focusing on dividend stocks in this period of low yield environment.
People -- needing come.
And especially dividends give you a lower tax rate on new and you -- coming -- very attractive way to get equity exposure let's talk about some of the names that are in some of these funds.
-- -- Which is an interesting name that we've lately talked about we also have -- for example you Nokia which.
And of itself -- -- the -- a lot of trouble lately there but yet it gives the dividends so here.
I guess I'm trying to square with the idea that doesn't really matter how poorly the companies doing as long as they have a yield of the dividend.
It depends of the company -- not elect seemed to know which has a very high dividend.
You know -- 8% that that's at the and who always trades at a premium to its -- Group.
So and and and we we -- doing even in Annan in -- performed very well coming out and on this the reliability of that dividend.
The -- mile -- unionized -- attractive because you get dividend growth.
This is -- company which has had tremendous growth especially through its exposure to emerging markets they would yell at me if I didn't corrected if they say Hyundai arrives with Sunday.
It's much alien accident at half.
Well I -- a -- but what else is in there I mean that to me as a company that has some very interest and growth prospects for -- Yes so and its image -- -- which is didn't normally wealth then and and that's what we try to oriented.
-- -- -- towards then it's off to consume that which is now just breaking out.
And it hit an inflection point and then we see a lot of quotes in that area let's talk about Washington because of course -- to -- to bring up Washington certainly were -- big decisions everything from.
Raising the debt ceiling to of course trying to figure out the way to crack that.
The lack of jobs issue.
What's the answer.
-- we think this text we appreciation.
And a debate now to be highly beneficial.
Let's just quickly explain these are big corporations everyone from apple two fives -- that make a lot of money overseas.
But their -- not only the country where they make them but then when you bring them back when you bring the profits back -- double tax right here.
And they're asking for a tax repatriation holiday rights lost from the allowed a holiday a lot of went into dividends and buybacks.
But we think this time will be structured so that companies will be encouraged to -- in in new businesses and -- -- growing employment that would be nice because a lot of them brought the money back and -- awful lot of chairmanship but I'm all for let these companies -- -- money back hopefully they'll have a plant like Jim Rogers of Duke Energy says he served -- well it's up to the government to do it properly into structured properly.
You know -- today -- -- have.
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