Why did I sell Enterprise Product Partners (EPD)
by | Posted 8.4.2013 | Post Comment (No Comments)

I recently sold two-thirds of my position in Enterprise Product Partners (EPD). I laid out all the facts behind the sale in the original article. However, several readers missed the facts, and instead utilized their opinions and their own experiences in order to negate the article.

Now I never pay attention to other people’s mere opinions, because I firmly believe that comments on my investing strategy do not really add much to my investment performance results. This is a crude paraphrase of Warren Buffett’s famous quote that “You Pay a High Price for Cheery Consensus“ ( I am no Buffett though) .However, when I am presented with facts, rather than opinions, I always listen.

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