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When Total Return Meets Chasing For Yield - A Reality Check on the Consumer Stable Sector
2015-05-26 18:57:23| Paper - Topix.net
Last year around this time, I wrote an article about total returns . In it, I pointed out that: The lesson is clear: While earnings and dividends are enormously important, it would be foolish to ignore multiple expansion/contraction and the reinforcing or balancing interaction between earnings and multiples.
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