“Do not feel bad about your mistakes or those of others. Love them! Remember that one: they are to be expected; two: they're the first and most essential part of the learning process; and three: feeling bad about them will prevent you from getting better.” LifeFeelsFirstsTwoFeelingsRememberThreeProcessGrowthMistakeEssentialsPersonal GrowthInvestingExpectedGet BetterLearning ProcessFeeling Bad Author:Ray Dalio
“The major changes that will be occurring within the new merged partnership are exciting in many ways. First, we will have the highest forecast distribution growth rate of any of the major MLPs. Second, our coverage will be above average for the same peer group with expected $1.1 billion of excess cash flow coverage through 2017 and the Access cash flows, along with our major new fee based projects continue to dramatically reduce exposure to commodity prices.” WayFirstsGrowthGroupsProjectsMajorsHighestFlowExcitingRateAverageExpectedAccessBillionsExcessCashPartnershipPeersCommodityDistributionExposureCoverageFeesForecastsCash FlowAbove AverageMajor ChangePeer GroupCommodity Prices Author:Alan Armstrong
“Others are Ahead of me. I am continually Challenged. My focus is Forward. The atmosphere is Affirming. I am often out of my Comfort Zone. I wake up Excited. Failure is not my Enemy. Others are Growing. People desire Change. Growth is Modeled and Expected.” PeopleDesireGrowthEnemyFocusGrowingComfortWake UpExcitedExpectedAtmosphereZoneComfort ZoneAffirmingChange Growth Author:John C. Maxwell