DAVOS, Switzerland (FORTUNE) - Be afraid. Be very afraid. That's the message from two of the world's most successful investors on the topic of high oil prices. One of them, Hermitage Capital's Bill Browder, has outlined six scenarios that could take oil up to a downright terrifying $262 a barrel.
This is the right sentiment (these guys have a great nose for opportunity), but the scenarios are flawed (which will impact how you construct the derivatives to profit from it). How this plays out is much more important...
http://www.weeklystandard.com/Content/Public/Articles/000/000/006/649qrsob.asp?pg=1
You probably saw this already, but just in case...
Looks like Peters has really lost it this time.
Posted by: tim fong | January 30, 2006 at 03:07 AM