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Danger! Energy demand and alternative energy supplies also affect price.
by asah 10y ago
Danger! Energy demand and alternative energy supplies also affect price.
- lsc 10y agoOh certainly. I am just saying that right now, the estimated future value of oil is oscillating wildly, I think, more wildly than I think it ought. I would like to lay some money on that over, say, a ten year time span. Not enough to be a huge deal if I am wrong or that I never have to work again if I am right or anything, but I think it would be an interesting bet. (Unlike many people, I don't think I am smarter than the market... But I do think I am less excitable and often have a longer time horizon. And yes, I know that I am probably just as wrong as the people who think they are smarter than the market.)