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Re: farrell90 post# 458

Sunday, 03/29/2020 6:03:08 PM

Sunday, March 29, 2020 6:03:08 PM

Post# of 870
The combination of events is creating the perfect storm for EPD's long holders and new investors.

Potential short term upside in appreciation was certainly supported by that article, and most of the steady stream of similar opinion pieces. Notice the 5 year channel it traded in...



However long it takes normal will return which implies a rare 100% return to that channel, IMHO

Good management here has been the key to success for decades. Best of class. Their decision to only increase the distribution 2.5%, ...from 5% each quarter, and avoid secondaries was visionary now in hindsight!

-pete

"You’ve got to be very careful if you don’t know where you are going because you might not get there."
"The future ain’t what it used to be" "A nickel ain’t worth a dime anymore."
-so long Yogi, we will miss you-

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