By: La Papillion Here are my thoughts for the book that I finished reading, titled "The Ultimate Dividend Playbook - Income, Insight and Independence for Today's investor" by Josh Peters. This is another excellent series from Morningstar group. I really really love their clarity and ample use of examples to illustrate the point. This is one of those books that I would love to keep. Probably will buy it, together with another of Morningstar's series, "The five rules for successful stock investing" by Pat Dorsey. Perhaps it's because I don't have much background in accountings and finance, hence the simplicity of the books drives the points straight home :) This author is a believer of Graham's teaching, so ample use of margin of safety can be seen in a number of chapters. Like other morningstar series, they place equal emphasis on intrinsic factors like management and economic moat to determine the valuations of dividend counters. These are the succinct points which I think the author is trying to drive at: Read more...