You're great fun for sure!
I'm a terrible tease, my wife used to give me grief until she realized I'm the product of an immaculate contraption. And no, I wasn't a test tube baby---far too many years of tread-wear to be typed in that fashion.
My primary concern with your lusting for CVRR wasn't really so much about CVRR at all. Rather, it was that you've diverted funds that I believe will have been better allocated to NGL and ALDW. Now, I realize you're represented in these but big money gains tend to come from pursuits involving large concentrations of shares or units. It's not to say you have to hold many thousands of units but logic tells us to pick a lane and drive like Hell with total conviction or commitment---whichever comes first...whatever that means. lol
Some board friends here at IHUB have wondered how I can put so much "$$-energy" into one particular stock pick. It's easy enough to grasp that the more cash put into a winner = the more winnings to be gained. But I tend to look at it from a slightly different angle: The more cash that's diverted from a winner, the more likely that increased risk will translate into possible failure to profit meaningfully from ALL HOLDINGS in a portfolio.
This is so very important, I can't imagine operating differently. Four years ago I held 83 stocks spread out over five portfolios. I now operate four portfolios including three IRA portfolios and one general account. Four years ago I was in energy, pharma, banks, REITS and some sophisticated tech picks. Today it's heavily weighted towards energy and a few REITS as you know---but it's focused on logistics, not the procurement of hydrocarbons itself. You might say that I'm especially interested in the more humane side of the equation---that of securing our needs through infrastructure, capex-dependence and organic growth potentials, and, finally, the likelihood of sustainable distributions to company owners/partners.
NTI proved to be a bonanza for cat, Pete and me and certainly others, I'm sure. We then moved on to NGL which was and now is rising once again to unimagined heights. And it goes without saying that ALDW is sitting like Humpty Dumpty awaiting a catapult & off to the moon.
There's a point wherein an investor might consider down-sizing a portfolio's dimensions and putting available resource capital into just a small group of "best potentials." When I think back to my having held so many stocks, what I see is my fear:
I believe I was so afraid I'd come out a loser as a stock picker or investor that I privately prayed that a dark horse pick such as a penny stock might miraculously save the day---or my butt, to keep things real.
This may not be of help to anybody but we never know, do we?
AI
