Tuesday, January 10, 2006

If You Like a Good Scare

Yesterday I read a fascinating article about a multi-billionaire investor whose latest investment "theme" is that the world is going to run out of oil. Check out this favorite web site of his to read this fascinating point of view.

1 comment:

Frank said...

Tim: I am 92 years old, and do not expect to be around forever, so do not expect to be here during the oil crash. That is a pity because I would love to see how our world adapts (if it does) and profit from the opportunities that always exist when change occurs.

I like your comments on charts and the market. For 25 years, charts kept me from losing money, and occasionally pointed to important opportunites for profit, which is why I have a comfortable retirement.