If you two are going to continue your argument, I'd like to hear more about whether Rod's strategy (in this thread) is performing better or worse than the index (keeping in mind that it might be too short of a time period to make an adequate long-term assessment).
If Rod's strategy is underperforming the index, as CM52 asserts, then I'd like to hear Rod's perspective on why: bad picks/method of evaluating these companies? waiting for a downturn in the market to shine? more "safe" strategy at the expense of slightly lower returns? or do you really have a weird obsession where you're trying to maximize dividends even if you're getting inferior total return?