Did The Dividend Growth Of The Top 30 Dividend Growth Stocks Keep Up With Inflation Since 2001?
By Chuck Carnevale:On March 16, David Van Knapp authored the article Has Dividend Growth Kept Up With Inflation?. As is the case with most of David's excellent articles, a lively and informative comment stream ensued. However, there was one specific series of comments relating to back testing that inspired me to write this article. There is a dialogue between the author, David Van Knapp, and two readers, David Fish and Chowder, regarding the complexity, validity and even the desirability of conducting a back test as follows: Chowder commented as follows:
"In my opinion, back testing doesn't prove much as far as I'm concerned. Back testing means you had to hold through feast or famine. Who does that when your objective is hold and monitor?
Back tested results are worthless if you don't follow the system to a T.
I was reading a book last night, The Dividend Growth Strategy. It was writtenComplete Story »