Exxon Mobil
Mature Company Stocks Are Not Bonds
Dividends have historically been a large part of total stock returns and represent real earnings. Low interest rates have created a cult of dividend-paying companies, and some companies have had to borrow money to pay out dividends even if it isn't in their best interest.
Exxon Mobil Think Again
ExxonMobil was one of the most respected oil companies in the world. Its stock was passed from generation to generation.
Exxon Apostasy Continued…
A very interesting cover story article in BusinessWeek about Exxon Mobil (XOM). I am usually skeptical of cover story articles, especially from BusinessWeek.
Exxon Apostasy
A basic property of religion is that the believer takes a leap of faith: to believe without expecting proof. Often you find this characteristic of religion in other, more unexpected places--like the stock market.
