Investor Gremlin here. Just a quick little update about one of my stocks, which I do not mention much. That is partially because it is my only non-dividend position and also because it is a small position. Nonetheless around 5 years ago I decided to purchase shares in Willamette Valley Vineyards (WVVI). In that time the shares have more than doubled in value. Today I am writing just to express how cool it is to pick a winning security and watch it double in value. That being said on a long enough time line, I expect every position I have to pull its weight. Just its cool that WVVI was the first one to that race.
Going forward none of my other positions will include non-dividend payers, but something about this tiny position just made me want to hold onto it. Partly my love of their substance itself and partly because I would love to run and own one day.
- Long WVVI (I'd take a bottle of wine each year in lieu of a dividend).