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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (22403)	11/3/2005 2:09:47 AM
From: Paul Senior	Read Replies (1) \| Respond to of 78594

re: "Bought a tiny position in TCLP. Pipeline LP". I always have a problem with LP's. I don't know enough about them to have confidence to take a large position in one or two, and if I take my usual small position, or worse diversify among a few, I suffer as a US taxpayer with partnership forms, late issuance of company tax info. (They sometimes come as booklets and are often issued late in the tax filing season - 3/31 - when it's hard to get tax-preparer appointments.), and sneers or groans from my tax guy when he finally sees these things. So it's just not worth it to me to buy these things. Not criticizing the company or its selection as a buy. As I say, I'm the one with the problem.