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☆ Buy these 16 dividend stocks to collect consistent cash payments while inflation stays high, according to a fund manager who outperformed 95% of his peers last year
▼ + stars: | 2023-02-20 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

"Just simply by focusing on quality companies with strong free cash flows is going to get you through any economic cycle. When looking for dividend stocks, the fund manager said it's crucial to consider a company's cash flow to ensure that it will be able to provide consistently high cash payments each quarter. "We do think it's prudent for investors to focus on — whether it's sectors as a whole or companies — strong, resilient cash flows," Morey said. "Because in an environment that we're in right now, cash is king, and cash flows are the life of companies. And without cash flows, you're tapping into other sources for capital, which is now at a much higher rate."

☆ The Numbers Show That MIT Has a Free-Speech Problem
▼ + stars: | 2023-01-24 | by ( Daryl Morey | ) www.wsj.com time to read: 1 min

Twenty-one years as an executive in the National Basketball Association has taught me to start with the data when confronted with a problem. Now, I am asking my alma mater to do the same on the important issue of free expression. The Massachusetts Institute of Technology has suffered several embarrassing incidents regarding free speech in recent years. These include the cancellation of Prof. Dorian Abbot ’s John Carlson Lecture on climate change in October 2021 and the institution of a March 2022 policy that students may not ask others to wear masks.

☆ George Santos' ex-roommate called him 'the Anna Delvey of Queens' for lying his way into Congress
▼ + stars: | 2023-01-23 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

George Santos' former roommate compared him to the fraudster Anna Sorokin, aka Anna Delvey. Sorokin was jailed in 2019 after posing as a heiress to gain access to New York's social elite. "George Santos is whoever you want him to be at whatever time you want him to be. I called him the Anna Delvey of Queens," said Gregory Morey-Parker, speaking to CBS News. Delvy is the name Sorokin used while enacting her con.

☆ George Santos was married to a woman while also sending invitations to celebrate his engagement to his boyfriend, report says
▼ + stars: | 2023-01-21 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Rep. George Santos planned an engagement party for his boyfriend while he was married to his then-wife. Santos' ex-boyfriend told The Daily Beast that the engagement "never happened." Santos wrote in a Facebook invitation to the engagement dinner in 2014, per the outlet. The Daily Beast reported it obtained the invitation courtesy of Greg Morey-Parker, Santos' former roommate, and the aforementioned Pedro Vilarva, Santos' ex-boyfriend. Vilarva told the outlet that he rejected Santos' proposals and that the engagement party "never happened."

☆ George Santos used fake Jewish name on GoFundMe because he thought 'Jews will give more,' former roommate says
▼ + stars: | 2023-01-18 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

George Santos used a fake Jewish last name to raise money on GoFundMe, a former roommate told CNN. Using the name Zebrowski would encourage Jews to "give more," Santos said, per the roommate. Gregory Morey-Parker, who previously lived with Santos, told CNN's Anderson Cooper on Tuesday that Santos used several aliases during their time as roommates. Morey-Parker said he primarily knew Santos, who has listed his full name as George Anthony Devolder Santos, as Anthony Devolder. Santos later told the New York Post that he is Catholic and only claimed to be "Jew-ish."

☆ George Santos' former roommate says the congressman stole his $520 Burberry scarf and wore it to a 'Stop the Steal' rally: report
▼ + stars: | 2023-01-15 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +2 min

Two roommates of Rep. George Santos suspect the congressman of stealing a Burberry scarf in 2020. The roommates also believe Santos stole other valuable clothing items from them. One of the roommates became convinced after seeing Santos wear a Burberry scarf a year later. In messages sent in 2020 between Morey-Parker and Rabello obtained by Patch, the two roommates vented about the items they suspected Santos had stolen, including an Armani shirt worth $500. The roommates refer to him as Anthony in the messages, matching reports that Santos was previously using the name Anthony Devolder.

☆ This dividend stock fund is beating the market. Here's its strategy and positions
▼ + stars: | 2023-01-10 | by ( Michelle Fox | ) www.cnbc.com time to read: +6 min

The firm's Integrity Dividend Harvest Fund ended 2022 down just 1.45%, while the broader market saw its worst year since 2008. So far in 2023, Integrity Dividend has gained more than 5%, while the S & P is up only a little more than 1%. IDHIX 1Y mountain Integrity Dividend Harvest I outperformed the S & P 500 in 2022. The stock, which gained more than 19% last year, has a 3.65% dividend yield. "They're pointing to 6% to 7% long-term annual earnings growth, along with dividends growing in lockstep to their earnings," Radke said.

☆ The CIO of a top-performing fund says 2023's stock market will be a tale of 2 halves. He shares the sectors he expects to outperform.
▼ + stars: | 2022-12-27 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

Mike Morey believe the stock market may retest its 2022 lows during the first half of the year. Despite the market chaos, there were two clear standouts that outperformed the broad market: the energy sector and defensive sectors, both of which fall under his area of expertise. The second fund, the Integrity Mid-North American Resources Fund (ICPAX), focuses on the energy sector. He favors defensive sectors such as healthcare, utilities, staples, and traditional telecommunications sectors, which are found in the IDIVX fund. ICPAX's top 10 holdings are Cheniere Energy, Diamondback Energy, OvintivInc., ExxonMobil Corp., Cactu, Nextier Oilfield., Halliburton, Enbridge, Champion, and Marathon Oil.

☆ A conversation with Shark Tank's Kevin O'Leary on FTX, Sam Bankman-Fried, and crypto regulation.
▼ + stars: | 2022-11-16 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

Top of mind, inevitably, was last week's implosion of FTX, as O'Leary was a spokesperson and investor with the exchange. It was our third conversation together, and O'Leary shared candid thoughts on his FTX investments going to zero, as well as details from a phone call he had with Sam Bankman-Fried just before FTX declared bankruptcy. O'Leary, a paid spokesperson for FTX, said he had initially gained trust in the company and its 30-year-old CEO, Sam Bankman-Fried, a little over two years ago. The Shark Tank star told me that he was on the phone with Sam Bankman-Fried the day before FTX declared bankruptcy to discuss a price for potential buyers to rescue FTX. "He confirmed that it was $8 billion, and that's the number I took forward," O'Leary explained.

☆ Buy these 7 stocks now for reliable income as high inflation stays 'alive and well' in 2023, says the manager of a top-8% dividend-focused fund
▼ + stars: | 2022-11-15 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Here are seven dividend stocks to buy now that will provide income in any setting. On the other side of the valuation spectrum are energy stocks. "From a valuation standpoint, you can't get much cheaper than the energy sector comparing it to the rest of the S&P 500 sectors," Morey said. Energy names will be a strong bet if inflation persists in the coming year, as Morey suspects. 7 top dividend stocks to buy nowBelow are the seven dividend stocks that Morey is bullish on right now from among his sector preferences, along with the ticker, market capitalization, dividend yield, and investment thesis for each.

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