So you believe the entire business model of MLPs is illegal and/or criminal?
That all MLPs should be shut down and their management sent to jail?
Even though MLPs as a class have been the best investment class, bar none, over the last 15 years. The Alerian total return index has gone from 100 in 1997 to over 1200 today by doing precisely what you claim is illegal and criminal.
Not too bright, are you?
The Alerian total return index has gone from 100 in 1997 to over 1200 today by doing precisely what you claim is illegal and criminal.
Tell that to the folks that bought KMP @ $90.00 in Oct.
Liz, You shouldn't be so sensitive it's only a message board for learning (and this site I consider A1 along with your input).
At the present $78. sticker price, I'm loading up, perhaps I should wait for another offering.
Sorry, I thought you were a senseless basher due to your inflamatory statement "This should almost be illegal!" I now see from your other posts that you are not a newbie however that statement is still silly.
I started buying KMP in 1996 by purchasing Santa Fe Pacific P/L which KMP in turn bought. Since then I've added to my position such that my average cost is $16/share. Getting a pretty nice return on the original investment. There is no better investment on the planet.