Why Does Larry Swedroe Hate Dividends?

My latest post for Alpha Baskets is published and includes the following;

Here’s the problem; back in 2003, 2004 and so one when the first dividend centric funds came out, most of them were grossly overweight to financials. I wrote about practically all of them for The Street.com and made that same point in every article. I certainly wasn’t predicting the crisis but any strategy that is thought of at least partially broad based but 40-50% in one sector needs to be approached with caution.

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