Although Irwin Michael is not a dividend based investor, his thoughts on investing are very applicable to dividend based investing. In fact, they are applicable to any form of long term investing. This collection of essays is interesting because it spans a four year time frame that includes the end of the bull market and all of the bear market. You see Michael struggling with his beliefs and sticking buy them. When he is successful, he doesn't gloat but rather is reflective on what worked and why. The essays are a truly insightful distillation of the requirements for successful long term investing.