Reuters interviews Lee Munson: MLPs a way to play gas, oil, and the market

An informative article about how to approach Master Limited Partnerships and their role in a portfolio are outlined. Helen Kearney went a lot deeper than your average journalist looking for a quick turn story. We spent a decent amount of time going over the history, use, and issues. If you see here name on other articles, stop and read them. The whole story is here.

Lee Munson, an adviser at Albuquerque, New Mexico-based Portfolio LLC, said MLPs are the “secret sauce” of his clients’ portfolios and he invests around 10 to 25 percent of an average portfolio in the assets. But he also preaches caution. “Everyone is talking about them but this is a tiny market and it’s misunderstood,” he said. Munson recommends sticking to large cap offerings as smaller partnerships can be volatile and are more likely to cut their distributions.

CNBC – Bears on the Prowl

Keep an eye on the banks. Lee Munson takes a contrarian view on “The Kudlow Report”

NM Business Weekly – Lee Munson describes Dark Pools

New Mexico Business Weekly – Lee Munson describes Dark Pools – Why they were invented and how they are used – It’s not what you think!

Read more here: NM Business Weekly

The Wall Street Journal – IPOs With Brand Recognition

Lee Munson, chief investment officer of Portfolio Asset Management in Albuquerque, N.M., steers clients away from all IPOs.

Lee Munson quoted in the WSJ, “With an IPO you have no price discovery. The capital markets need to discover what something is worth.”

Read here:
http://online.wsj.com/article/SB10001424052748704340504575447492834034782.html?KEYWORDS=Lee+Munson

How to Leave Valuables to Your Heirs

Lee Munson gives advice on inherited collectibles in the Wall Street Journal

Click here to read the article.

BP Too Risky an Investment?

Portfolio Asset Management CIO Lee Munson argues there is too much uncertainty in BP’s future and investors should look elsewhere.

Buy America—The Socialists Haven’t Won Yet: Portfolio CIO Lee Munson on “The Kudlow Report”

Lee Munson on the Goldman Sachs Fraud Settlement and the market’s health:

Stocks had their worst day in weeks, with the Dow off more than 260 points. Where will the market go from here? Joe Battipaglia, Michael Cuggino, Lee Munson, Stephen Moore and Larry Kudlow discuss.

The David Magee Show – The Fangs of Lee Munson Bared

Listen to the interview here:
…Lee breaks down the complicated and turns it into the easily understood. Don’t let his boyish good looks fool you; Lee is a vicious day trade who regularly appears on the Kudlow Report and other national shows…

Lee Munson on CNBC’s “Closing Bell” June 21, 2010

Breaking down today’s market action with CNBC’s Maria Bartiroma and Bob Pisani, Tony Dwyer, of Collins Stewart, and Lee Munson, of Portfolio Asset Management.

Money 101 by Lee Munson, CIO of Portfolio Asset Management, Goes National

It’s The Banks, Stupid:

Washington (D.C.) Business Journal

Houston Business Journal

Portland Business Journal

Los Angeles Business Journal

Jacksonville Business Journal

Austin Business Journal

Retiring Rich – A Myth of the American Middle Class:

Orlando Business Journal