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18 comments on Hmmmm....What Corporate America Is Reading

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Nate Hagens on December 8, 2005 - 7:54pm Permalink | Subthread | Comments top
I used to work on Wall St. This week I talked to two of my clients, one a venture capitalist and the other a rail car manufacturer - both had peripherally heard the term "Peak Oil" but didnt know what it meant. They then asked me how they should make money in the energy sector. My dozen or so wall st buddies are polite, listen to me rant about where we are headed, then ask which stocks are going to do best. I am little better, other than I KNOW the ultimate plan is to turn abstract wealth (dollars) into real wealth (heat pumps, windmills, good soil,etc) at some not-too-distant-point.

Energy traders might understand peak oil, but the average captain of industry does not.

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snuffy on December 8, 2005 - 11:45pm Permalink | Subthread | Parent | Comments top
dollars into fruit trees/comfrey plantings/electric predator fence/woodgas generators.ect ect ect.The captains are about to learn about depression manufactureing.
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Oil CEO on December 9, 2005 - 7:11am Permalink | Subthread | Parent | Comments top
My father does the same thing. But you know what's funny - he has read every book on oil and peak oil and global warming and you name it.

Oh, by the way...I've almost tripled my money on Halliburton in the last few years. HAHAHAHAHA. But it seems I want a little more. Any recommendations folks? I'm only asking cuz I know the best minds are here.

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tom deplume on December 9, 2005 - 4:23pm Permalink | Subthread | Parent | Comments top
How about cruise missile builder Reytheon. Looks like the next trillion dollars of national debt will go into killing Arabs and Persians.
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wkwillis on December 10, 2005 - 7:54am Permalink | Subthread | Parent | Comments top
If you start a business in Australia or New Zealand, you can get immigrant status. That might be the best investment. Otherwise, what was the best stock to buy in 1913 or 1939 in Europe?
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Oil CEO on December 10, 2005 - 11:30am Permalink | Subthread | Parent | Comments top
probably Krupp if it was publicly traded, although I doubt it was.
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snuffy on December 10, 2005 - 4:17pm Permalink | Subthread | Parent | Comments top
  I suggest that you lisen to you father..he has a little more life experience than you.Have you consitered,Mr oil ceo, that you will need to do some very quick changes in your investment stratigy when the new fed chair inflates the dollar,and our debt, out of existance?
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18 comments on Hmmmm....What Corporate America Is Reading

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