Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Reply to @BWG: FWIW, Richard Kinder the CEO of Kinder Morgan owns:
KMI, 22.2% or 230,259,786 shares roughly valued at $8,556,453,647.00
KMR, 0.25% or 289,354 shares roughly valued at $23,310,358.00
KMP, 0.09% or 325,895 shares roughly valued at $27,…
Reply to @VintageFreak: The article didn't mention whether or not the Ph.D's worked on or for Wall Street. It just said that 1000 of them couldn't answer Ms. vos Savants' problem correctly.
Good points made so far. My personal feeling is like Investor's in that I don't believe 3-D printing will ever become main stream any more than solar collectors will dominate energy production.
As for Maurice's point look at the foreseeable future …
For a fairly comprehensive take on the differences between KMI, KMR and KMP as well as some thoughts on Richard Kinder the CEO along with his holdings in the three entities you might want to read through the attached thread from the M* Income and Di…
Reply to @scott: I've considered Carey but haven't made any moves yet. I bought O initially during the 2007-8 downdraft and have been extremely pleased (and rewarded). Do you follow Brad Thomas on Seeking Alpha? The man is most excellent with his co…
Reply to @Art: I beg to differ but the decision to abort or not is strictly a personal decision. It most definitely is not a political decision and politics should play no role. I have no idea whatsoever what goes on in the hearts, minds and lives o…
Apple’s Right, Corporate Income Tax Should Be Killed: Pulitzer Prize-Winnng Tax Expert (Source: Justin Maiman at the Daily Ticker)
http://finance.yahoo.com/blogs/daily-ticker/apple-corporate-income-tax-bill-killed-pulitzer-prize-125744062.html?vp=1…
Reply to @bee: Maybe it all relates to the fact that Warren, in particular, doesn't invest in things that he doesn't understand(i.e. benevolent dictatorships). To his credit he pays the taxes that the laws dictate he must, doesn't hide his wealth in…
What Apple needs to do is hire a bunch of lobbyists to grease the palms and line the back pockets of politicians like the drug, utility, healthcare, agriculture and oil companies do and the investigation (?) will be over with. Instead, like always, …
With all due respect Bee, very little is known about the 'actual' extent of Mr. Buffetts philanthropic efforts but in 2012 he was rated #1. See here:
http://philanthropy.com/article/No-1-Warren-Buffett/137111
I'd also suggest that anyone who is in…
Agreed, this is an intriguing technology, but everything I've seen so far indicates that it takes F-O-R-E-V-E-R to churn out a product which isn't going to cut it in today's marketplace where everyone wants it yesterday if not sooner.
I'm also curi…
In addition to everything msf stated have you looked into buying RMUIX? Despite what is often listed as the minimum initial purchase amount at Fidelity one can often get into seemingly restricted share classes for a lot less than shown. For example …
Reply to @hank: Not to drag this out any further but I think the in- and out-flows mean just the opposite of "piddly." Without folks buying or selling the market just sits there doing nothing doesn't it? Or am I missing the point (again)?
With resp…
Reply to @Mindy: The rich folks, i.e. those with the money. "Most" as used in the title probably refers to all the little people who are large in number but small in $$$. There's an old saying that it takes money to make money. Most folks I talk to …
Shamelessly Spinning the Data (a different perspective on Zero Hedge)
http://advisorperspectives.com/dshort/commentaries/Just-Two-Recession-Indicators-Response-130502.php
Noah Smith gets even more in their face in this post but be aware the langua…