SBUX is one of those bulletproof secular growth stories…
For a 4.5% income stream in ETE during the salad days of MLPs, investors endured almost complete wipeout of their principal.
I genuinely feel for people who have this long-only, stock-picking mandate when the market slides into a bear phase.
What I’m reading this morning
These were the most read posts on the site this week, in case you missed it:
The discussion around Smart Beta gets more ridiculous by the day
this morning’s non-farm payroll report showed a continuation of two important trends: