InvestingDaily.com

Account Information

  • My Account

    Manage all your subscriptions, update your address, email preferences and change your password.

  • Help Center

    Get answers to common service questions, ask the analyst or contact our customer service department.

  • My Stock Talk Profile

    Update your stock talk name and/or picture.



Close
FEATURED STRATEGY

How To Collect Your Share of My Million Dollar Giveaway

How To Collect Your Share of My Million Dollar GiveawayWe recently kicked off the most outrageous initiative in the history of investment research. It’s called the Income Millionaire Project. And the goal is simple: create 1,000 income millionaires. That’s a $1 billion goal! No one has ever tried it before, but that doesn’t bother me. I’m so sure you can use this program to make a million bucks… I’ll pay you $1,000 to start your journey. Go here for details.

 

The Stealth Utility Giant

By Ari Charney on July 7, 2017

Warren Buffett has quietly built a utility giant.

The legendary investor’s Berkshire Hathaway Energy subsidiary has a footprint across nearly half the U.S., as well as parts of Canada and the U.K.

And last year, it was the second-largest utility in the U.S. in terms of net income.

Now, Buffett is set to further expand his burgeoning utility empire by scooping up a company out of bankruptcy that owns 122,000 miles of electric transmission and distribution wires.

Transmission lines are among the most valuable infrastructure a 21st century electric utility can own. Not only can transmission earn higher returns than power generation, expanding the grid will be crucial to accommodate the rise of renewables.

But Buffett has been burned by the company’s owner before. In fact, his ill-fated bet on $2 billion worth of bonds led to Berkshire eventually booking a loss of $873 million on the investment—one of Buffett’s biggest blunders of all time.

This time around, the assets involved are far less risky, but state regulators are notoriously prickly. They’ve previously rejected two other takeover offers. Meanwhile, other suitors are circling.

In Sunday’s Income Without Borders, we’ll look at Buffett’s odds of success with this deal.

We’ll also consider what’s next for NextEra Energy Inc. (NYSE: NEE), the utility giant that fell short in its own bid for Oncor.


You might also enjoy…

 

Forget Buy and Hold. Here’s how to retire faster…

I’m not a fan of “buy and hold.” Gurus like to tell you that patience is the key, but I call horse puckey.

We’ve discovered an investing technique that consistently pays out easy-to-repeat profits.

One that’s proven to beat the market 2,082% in head-to-head testing.

And one that’s generated over 488 winners since 2011.

This method is so powerful, in fact, some of the investors we’ve let use it reported back to us saying they’ve made $71,425… $82,371… and even as much as $151,000 in a single year thanks to this “trick.”

That’s how powerful this investing technique is!

What what exactly is this mysterious method? I’ve put all the details together here.

Stock Talk — Post a comment Comment Guidelines

Our Stock Talk section is reserved for productive dialogue pertaining to the content and portfolio recommendations of this service. We reserve the right to remove any comments we feel do not benefit other readers. If you have a general investment comment not related to this article, please post to our Stock Talk page. If you have a personal question about your subscription or need technical help, please contact our customer service team. And if you have any success stories to share with our analysts, they’re always happy to hear them. Note that we may use your kind words in our promotional materials. Thank you.

You must be logged in to post to Stock Talk OR create an account.

Create a new Investing Daily account

  • - OR -

* Investing Daily will use any information you provide in a manner consistent with our Privacy Policy. Your email address is used for account verification and will remain private.