35 comments on Chris Nelder's Profit from the Peak
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35 comments on Chris Nelder's Profit from the Peak
Comments can no longer be added to this story.
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My apologies for getting your name wrong.
Isn't stock trading gambling? Each trade is a gamble on the value of the stock increasing (or decreasing, depending on the type of gamble).
What kind of educational background material are you talking about? If it helps people understands the resource problems we face, or helps them prepare, that all well and good but then why use a title that suggests it's all about making some money?
In broad terms, it comes under the theme of "Discussions About Energy and Our Future", but it doesn't seem the kind of subject that would help in understanding what we can do about the energy and resource crises that we face. Perhaps that's illustrated by the relatively few comments that the article has attracted.
Mm, not really. Sure it can be argued that trading stocks is "gambling," but I think it's closer to "gaming." The former usually doesn't involve any particular knowledge or judgment; the latter does. But I'm not here to defend stock trading on a moral basis...
In terms of educational background material, I did a thorough explication of peak oil theory, then moved on to examine some peaking cases for all other forms of traditional energy, then went into a detailed discussion of various renewable energy technologies. As for the title & focus, that's the way the book was pitched by my employer/co-author, before I was handed the task of writing it. It could have just as easily been focused as a textbook, though.
I can't account for the fairly short comment thread on this--my guess is that it's because I'm relatively new on the scene as an author, unlike, say, Orlov or Kunstler--but I wouldn't use that to judge the book, any more than I would its cover. I took care to explain some options and technologies going forward, and tried to put them in context. Whether I succeeded in that or not, you will have to judge for yourself.
That's fair enough, Chris. I'm morally agnostic on stock trading. If people can afford to risk capital, then I see no problem with it; it just doesn't seem to have a place, that I can see, for most people when trying to figure out how to deal with peak oil and the other crises that are coming up.
But it sounds like your book does a lot more than offer investment advice, so it's a shame that you're stuck with that title.
Thanks for replying.