Even the bashers say KMI is the smart way to invest in the Kinder companies. The worst part of today's sell off was that I didn't have any cash to buy more shares of KMI. That and that over 90% of my portfolio is KMI. As usual, I bought too soon. It would be nice to be able to slam a company, cause panic selling, then buy it cheap. These Hedgeye and Barron's crooks should be in jail.
I keep half of my kinder investment in KMR and half in KMI. KMR has an incredible total return because of how it pays its dividends and is available at a discount to kmp. also helps to have both growth and income.
Sure, diversification will limit one's losses, but diversification also limits the upside. If you pick correctly, it's much more profitable to be "all In" one stock. Risky? Yes. Worth the risk? That's up to each investor/gambler to decide. If you're strongly in favor of the diversification approach, just buy one of the many index funds.