MLPS（有限合伙制企业）：无聊伪装成有趣，千万得小心了！

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编者按： 伴随人民币贬值，越来越多人进入了美股投资的大军之中。美股虽好，但是很多投资者水土不服。不仅美股、港股与A股的投资逻辑截然不同，而且很多美股上市公司的结构更是国人闻所未闻，比如REITs和MLP结构等。这些复杂的结构让一些看似便宜的股票成为了陷阱。今天格隆汇就给大家分享一篇文章，介绍能源行业中非常普遍的公司结构：MLP。 MLPS: BE CAUTIOUS WHEN THE BORING IS MADE EXCITING MLPS（有限合伙制企业）：无聊伪装成有趣，千万得小心了！ Companies and industries that are out of favor tend to attract our interest.  While we focus on franchise businesses with large moats and good management at a reasonable price, investing in cyclical companies has a certain appeal.  After all, it seems straightforward enough that abrupt swi ………………………………