Tag: oil (page 1 of 2)

Reviewing My 2009 Financial Predictions

It is time to review my 2009 Financial Predictions. It seems like a million years since I wrote that post.

S&P 500 By the end of 2009 it will hit 633. This estimate is based solely off earnings

[continue reading]

The Upside of Down

I read a really intelligent post on a financial forum where this book was recommended. Whereas Jared Diamond’s Collapse deals with ecological breakdown, this book deals with the patterns of all breakdowns.

The Upside of Down: Catastrophe, Creativity, and the Renewal of Civilization
The Upside of Down: Catastrophe, Creativity, and the [continue reading]

2009 Financial Predictions

Here are my 2009 Financial Predictions. My general thesis is:

  • Cash is King
  • If You’re Long You’re Wrong.

S&P 500 – By the end of 2009 it will hit 633. This estimate is based solely off earnings ($42.26 … [continue reading]

Anatomy of a Bad Trade

Occasionally I serve up a post on my investing successes. Now let me tell you about the worst trade I ever made and the lessons I learned.

On January 3, 2008, on the post My Drudge Report Oil Short Investment [continue reading]

Oil Hits $55

A year ago it seemed everyone thought oil would keep going up in price. I heard predictions for $200 and even $300 a barrel. Would would have guessed one year ago that oil would be down to $55? That would … [continue reading]

Don’t Cry For Me and My Diesel Engine

About a week before 9/11, I made one of the most fortunate consumer choices of my life. Although I had already decided to buy a silver VW Golf hatchback, I didn’t know if I should get the gasoline or the … [continue reading]