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January 30, 2006 | Permalink | Comments (0) | TrackBack (0)
January 30, 2006 | Permalink | Comments (0) | TrackBack (0)
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...January 29, 2006 | Permalink | Comments (1) | TrackBack (0)
January 29, 2006 | Permalink | Comments (0) | TrackBack (0)
January 29, 2006 | Permalink | Comments (0) | TrackBack (0)
January 29, 2006 | Permalink | Comments (0) | TrackBack (0)
January 29, 2006 | Permalink | Comments (1) | TrackBack (0)
January 29, 2006 | Permalink | Comments (0) | TrackBack (0)
Dana Blankenhorn is right, the use of alternative energy sources isn't an option anymore. It's not just about price. It's about availability (not in our hands) and the collective costs/contortions it inflicts on our society to secure it.
It's also a dominant strategy. Think about this way. The reason the US is so rich today re: the rest of the world is that WW2 was so good to us. Why not repeat the process with energy? When supplies do crunch (for whatever the reason) why not be the nation that is untouched by the economic consequences and able to sell solutions to the rest of the world???Shoot. I am starting to sound like Friedman...
January 28, 2006 | Permalink | Comments (2) | TrackBack (0)
January 28, 2006 | Permalink | Comments (0) | TrackBack (0)
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