Monday, June 11, 2012
SocGen's Dylan Grice Unveils “Quality Income Index”
From a couple of weeks ago.
Loyal readers of Popular Delusions, the famous note written by SocGen's Dylan Grice, are in for a treat this week.
He has teamed up with fellow strategists Andrew Lapthorne and Georgios Oikonomou to demonstrate how to "express" the views he proffers on a regular basis in the markets.
"[W]e’ve combined our admittedly modest individual talents to reach an immodest conclusion: that we can create an investable index of equities that we think generates relatively safe income, protects capital, and (even) grows over time."
It's called the "Quality Income Index."
The gist of it is just like it sounds: investing in quality companies that pay out sustainable dividends tend to generate the highest returns over the long run.