Not all MLPs are created equal

Its pretty common investment wisdom that a bull market hides a lot of mistakes. Companies of all types, quality, and sizes go up together. Fortunately, this doesn’t last forever. Tough markets tend to separate the wheat from the chaff and expose any weaknesses in business models, cost of capital, etc… Read more…

Mortgage REIT friday freakout

Yesterday was sure an interesting day for the mortgage REIT (mREIT) market. Early in the morning trade investors seemed to be fleeing mREITs. At one point the biggest mREIT, NLY, traded down 18% from its opening price then came back to close down about 3% for the day. This was Read more…

Fairfax Q2 2011 results

My apologies for the lack of posting lately. I’ve had some significant repair issues with the RV and have been spending most of my time at a repair shop and re-routing travel plans for the next 2 months. So, I figured I’d jump in with a post on my favorite Read more…

KMP reports Q2 2011 results

Earnings season for the MLP sector officially got underway last night with Kinder Morgan reporting Q2 2011 results. The highlight of the release was a distribution increase to $1.15 per unit or $4.60 annualized. KMP currently yields 6.3% on this dividend. From the release: HOUSTON, July 20, 2011 – Kinder Morgan Read more…