target 16 to 24, page-45

I tend to think WES has spit up assets so the market can identify with specific asset classes. This would allow investors to hold only the assets they wish to invest instead of investing in a pool of assets.

A large company with a large pool of assets is not always healthy because some assets can drag down a company depending on market movement or trends in that particular class and seasonal trends.

I tend to think there is going to be a rise in interest rates back up to around 6%. This will likely half a large proportion of market caps. There will also be a recession that will wipes off 30% of value.
WES has dumped assets which will likely effect short and long term earnings.

Summary for fall in Market cap.
1. return on investment will be less than bank deposits.
2. Falling profits as world enters recession
3. Dumping of assets results in less earning capacity.