Warren Buffett Buys KMI... So What? (Podcast)

| About: Kinder Morgan, (KMI)

Summary

Berkshire’s latest 13F shows a new KMI stake.

What does that mean for other investors?

What is the best way to make sense of 13Fs?

Rangeley Capital's portfolio managers Andrew Walker and Chris DeMuth Jr host a fifteen-minute podcast, which you can subscribe to on Apple's (AAPL) iTunes, Stitcher, or Soundcloud. If you missed the previous podcast episode, then please check out Dividends (FAV, APO, APOL, ADT).

In the current episode, we talk about Berkshire Hathaway (BRK.A/BRK.B) and its recent purchase of Kinder Morgan (NYSE:KMI) shares. Then we discuss how the thoughtful investor can use a 13F (filing showing fund positions) as a tool. For a background on the topic, please read Cutting The Dividend Now Will Increase Kinder Morgan's Value and listen to Will Cutting Kinder Morgan's Dividend Pay Dividends?

Disclosure: I am/we are long FAV, APOL, ADT, BRK.B, BRK.A, KMI.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Chris DeMuth Jr and Andrew Walker are portfolio managers at Rangeley Capital. Rangeley invests with a margin of safety by buying securities at deep discounts to their intrinsic value and unlocking that value through corporate events. In order to maximize total returns for our investors, we reserve the right to make investment decisions regarding any security without further notification except where such notification is required by law.