Bit Quote by James O'Shaughnessy
“If you're an investor who wants a little bit more from the capital-appreciation side of things, but still likes this concept of getting 'paid by the company,' then we would tell that investor to pursue shareholder yield.”
About This Quote
Source Book: The Little Book of Common Sense Investing, 2008
Investors seeking both capital growth and income should focus on shareholder yield, which combines dividends and buybacks.
In simple terms: Shareholder yield blends growth and income.
Key Takeaway
Prioritize shareholder yield for balanced returns.
Themes
finance
investment
income
Mood
pragmatic
strategic
Type
financial
educational
When to use this quote
- portfolio construction
- retirement planning
- wealth building
Key Concepts
shareholder yield
dividends
buybacks
capital appreciation
Questions to Reflect On
- Are you comfortable with potentially lower growth for steadier income?
- How does shareholder yield compare to pure dividend strategies?
A Different Perspective
Yield focus may reduce exposure to high‑growth opportunities.
