emes

[mkarpoff]

If you own hclp, why don't you own emes instead as the distribution is greater? Thx.

[dan_s]

You should not worry about what I own or don't own. I cannot own them all.

[mkarpoff]

Wow. I don't worry about what you own. I was wondering about the logic behind owning what appears to me to be the lesser of two similar companies. At least they look similar to me. Sorry if I offended.

[dan_s]

You did not offend me at all. I am just saying don't read anything into what I own or don't own. The only reason I put what I own in the newsletters is because so may members kept asking me about it. We have over 40 companies in the three model portfolios. I just can't own them all.

EMES is fine. It is a "variable rate" MLP, so the cash distributions fluctuate from quarter to quarter and they do not hold back money for growth capital the way HCLP does. HCLP has hosted four luncheons for us and I really like the management team. I invest in management teams and my focus is on long-term growth. I also believe HCLP is very committed to raising cash distributions year-after-year.