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The first rule in building a winning portfolio is not to hurry. It’s much better to miss an opportunity than to jump in without fully understanding. Read More

Six years after the famous bankruptcy, Enron’s creditors are still being paid out at a trickle. The rest of the industry it looted, however, is the healthiest in decades. Read More

Still abundant and with less than half the carbon emissions of chief rival coal, natural gas use for generating electricity is expected to grow 25 percent in the next decade. Read More

Does it really matter whether or not a company makes Wall Street estimates? What about employment or GDP growth numbers coming in above or below consensus? Is there a magic number for crude oil inventories that will trigger a higher or lower price? Read More

Oil prices are rapidly approaching $100 a barrel. Coal is vilified as the cause of global warming, and a big tax imposition is only a matter of time. Natural gas is several times its levels earlier in the decade, despite a sector depression that seems to continue to worsen. Read More

I’ve never been impressed by hype surrounding supposedly “disruptive” new technologies—developments billed to change the balance of power in an industry. And my skepticism meter goes positively off the chart when the claims pertain to communications and other utility-like industries. Read More

Income investments come in all shapes and sizes. But all have one thing in common as far as we’re concerned: We’ve got to buy and hold ‘em to get the most out of them. Read More