RE:Fiddy Exactly. As well, it has about the same market capitalization as the Bank of Nova Scotia...about 80B or so. This big ship will simply push through the headwinds and the waves. I sleep well owning this stock.
Fantome wrote: Good post about "The Battle of the Titans"
In actual fact whether I am right or Marner is right matters very little to me because as a long term investor...whether it pops or not is of little concern to me.
What does matter to me is what I said in my earlier post...if Buffet is indeed the buyer and he does what I expect he would do...then over the longer run the SP will do better than if he didn't buy and for me that is a good thing....
I really don't concern myself much with day to day or intra day swings in the SPs of things I own....I look at how management is running the company (looking at the financials and Q reports is key here) and the business environment that the company is operating in to determine if I should take any actions
Right now...irrespective of whether Buffet is the buyer or not...ENB has strong management....great assets....and excellent DCF...