NEW YORK (TheStreet) -- I was talking with Brittany Umar about the very wealthy hedge fund managers and oil traders who have gotten this oil market very, very wrong. And about one that has consistently gotten it right.
Almost everyone involved in energy trading and investment into energy stocks has been unable to predict the rapid drop in crude oil prices. Boone Pickens, the legendary oil investor and wildcatter, continues to predict higher prices. Leon Cooperman has massive stakes in SandRidge (SD) and Transocean (RIG) , Carl Icahn has equally large stakes in Talisman Energy (TLM) , Wilbur Ross is invested in Exco (XCO) and John Paulson has 9% of Oasis Energy (OAS) . All of these stocks have dropped more than 50%.
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But one oil man who managed to dodge and thrive in this crude oil debacle is Richard Kinder. Kinder, who single-handedly invented the master limited partnership almost a decade ago, decided to abandon that structure just a few months ago and consolidate his several MLPs back into a single C-corporation.
It has been the MLPs, with their need for continued infrastructure build out to support their massive distributions that has been hurt by this oil price drop. Meanwhile, Richard Kinder Inc. (KMI) has skated away from this debacle practically unscathed. It's as if Mr. Kinder had a crystal ball.
With that kind of ability to time the market, it is Kinder's corporation that is the only pipeline company that I want to be invested in right now. With oil prices likely to remain low and infrastructure equally likely to remain static, KMI has a tremendous advantage to virtually everyone else still playing the MLP game.
I talk more about the winners and losers and possible investment opportunities available in this very distressed oil market with Brittany in the video above.