- Hedgeye's Kevin Kaiser explains his "house of cards" view on the Kinder Morgan companies in an interview with Charlie Gasparino (video): "To me, 'house of cards' means something that has an unstable foundation, and when you need to raise more and more capital to continue to pay out higher and higher distributions... that’s a very unstable foundation."
- Kaiser doesn't see anything illegal but thinks "there are some very misleading statements with some of the non-GAAP financials."
- "The entire MLP sector is sort of a regulatory nightmare," he says, but the issues around Kinder Morgan "are more egregious than some of the others."
- In today's trading: KMI -2.8%, KMP -1%, KMR -2%, EPB -0.9%.
From other sites
Video at CNBC.com (Mar 24, 2015)
Video at CNBC.com (Feb 3, 2015)
Video at CNBC.com (Jan 21, 2015)
at CNBC.com (Jan 15, 2015)
at CNBC.com (Jan 13, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs