Again your point about "knowledgeable investors" simply comes from ignoring my point. True, if you only invest in stocks. But even there, if you are a "rentier" sort of investor not true. You present a characature, sort of what you used to here in adds. Actual investors balance their portfolios to minimize risk and maximize returns. A very stable return, is a virtue. And if you are balancing a portfolio with bonds and you come across HE it has an Aha! quality. As to the NEE dividend, I only note that you report it without doing the basic arithmetic necessary to do the comparison.