CS restated $57 target for EVEP, they think the co ex the Utica is worth $46, trading for $42 now. You get a 7% yield while you wait. Risks are commodity prices and sales of acreage by CHK and DVN, there don't seem to be many buyers right now. Also, OXY looks like will be restructured, probably still undervalued, along with APA.
Interesting WSJ article on Buffet, Lesson from Buffet, doubt yourself, seems one of his strengths is his lack of arrogance.
Mr. Buffett once noted about the scientist Charles Darwin that "whenever he ran into something that contradicted a conclusion he cherished, he was obliged to write the new finding down within 30 minutes. Otherwise his mind would work to reject the discordant information, much as the body rejects transplants. Man's natural inclination is to cling to his beliefs, particularly if they are reinforced by recent experience."
Another vehement believer in the importance of challenging your own investing ideas is Ray Dalio, founder of Bridgewater Associates, the world's largest hedge-fund manager, which oversees more than $150 billion.
"When two intelligent parties disagree, that's when the potential for learning and moving ahead begins," Mr. Dalio told me last week. "The most powerful thing that [an investor] can do to be effective is to find people you respect who have opposite, different points of view [from yours]—and have an open-minded exchange with them about what's true and what to do about it."