Its easy to forget that the market is made up of a bunch of humans working off of each other and that companies are a collections of humans as well.
Its why even though computers and formulas are more involved than ever, markets are still very difficult to predict.
My friend Jamie Catherwood tweeted a great reminder of this this week. Here is the tweet below.
A couple of thoughts.
24 pints of whiskey seems like a lot.
While whiskey would be a nice consolation prize for the company you own shares of going out of business due to government regulation for a lot of people it wasn’t an adequate replacement for their cash investment.
Seeing the “whiskey dividend” made me think of what other products I would take from a company in lieu of cash for their dividend. Of course there is the usual staples like gas or groceries but if I got creative I think I would want either something from Apple or Tesla.
So, I’ll ask you. What product from a company would you take in lieu of their dividend? Be creative and let me know. Ill share some ideas next week.
Have a great weekend and Take the Long View!