Investors are a fickle bunch. They love owning stocks when the market goes up. It feels great! So great, in fact, that pesky details like nosebleed valuations or a lack of profitability are easily overlooked. But the romance never lasts.
The argument goes like this: A company’s value (and stock price) is driven by its ability to earn a profit and grow its business. Its dividend policy is irrelevant at best. In some cases, paying dividends could hurt the stock. Is it true? Let’s explore this idea further.
Mankind has constantly reimagined what can be wagered on and where that betting takes place. We are in the early stages of one such reimagining – betting online.