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Yes, there really is a peak oil hedge fund.....

Posted: 15 Sep 2009, 14:59
by Mark
http://www.greenbang.com/yes-there-real ... 11529.html
http://www.hedgeco.net/news/09/2009/pea ... aunch.html

Never underestimate the willingness of investors to cash in on disaster. If you know that, you won’t be surprised to learn that a new hedge fund is now focused on the looming spectre of peak oil.

Announced last week, the Peak Oil Value Fund was launched by logi Energy LLC and is believed to be a first in the marketplace.

“We believe that the effects of peak oil on the markets are a temporary global macro series of events,” said Larry Ortega, CIO of the Peak Oil Value Fund. “We only have a few years to take advantage of these opportunities.”

The new fund will target investments in publicly traded equities and equity options; oil in storage; oil, gas and heating oil spreads in the futures markets; oil and gas exploration firms; and oil and gas fields.

“Our superb models developed by our deep, complex team of expert geophysicists, mathematicians, oil professionals and oil traders have been able to predict and identify the fluctuations of oil prices and indicate when we expect prices to move based on both fundamentals of oil production and demand as well as storage, refinery processing, price action and economic utilization,” Ortega said. “They are not perfect, but we’re extremely pleased with the results. We invest like Warren Buffett, which is we make our money when we purchase our positions at deep value, thus the effects of our errors are minimal. Our difference is that in most of our strategies we also hedge nearly every position we take.”

Hmm, what can we expect next? The Peak Water Hedge Fund? The Global Pandemic Hedge Fund? The Climate Chaos Hedge Fund?
The mind boggles at all the possibilities.

Posted: 15 Sep 2009, 15:40
by SunnyJim
HA! Have they factored in speculative money which to my mind obscured all fundamentals last year. The vast wash of speculative money is what makes investing for the bit part player a virtually impossible prospect. i.e. the models are null and void if a major investment bank or bond manager decides to start to buy and then hype a commodity such as oil. 8)

Posted: 15 Sep 2009, 19:00
by madibe
“Our superb models developed by our deep, complex team of expert geophysicists, mathematicians, oil professionals and oil traders have been able to predict and identify the fluctuations of oil prices and indicate when we expect prices to move
RGR... you been busy lately :D

Re: Yes, there really is a peak oil hedge fund.....

Posted: 16 Sep 2009, 00:14
by fifthcolumn
Mark wrote: “We believe that the effects of peak oil on the markets are a temporary global macro series of events,” said Larry Ortega, CIO of the Peak Oil Value Fund. “We only have a few years to take advantage of these opportunities.”
I agree with the quote whole heartedly and so do many people I know.
That is the difference between you doomers and those working to solve the problems: we see opportunity where you see doom.

Yes I will sell you a body bag and a shovel.

:twisted:

Posted: 16 Sep 2009, 12:21
by Bozzio
SunnyJim wrote:HA! Have they factored in speculative money which to my mind obscured all fundamentals last year. The vast wash of speculative money is what makes investing for the bit part player a virtually impossible prospect. i.e. the models are null and void if a major investment bank or bond manager decides to start to buy and then hype a commodity such as oil. 8)
I assume you've never played the day trading market then. It is the very fact that 95% of such markets is due to small speculative investors (like me) that liquidity becomes so high and thereby profits can be substantial without losing out to broker's fees. If you set your stop losses carefully and don't deviate from your plan then a small investor can make good returns, even if the majors start ramping up the game.

Posted: 16 Sep 2009, 12:47
by RGR
[quote="maudibe"]

Re: Yes, there really is a peak oil hedge fund.....

Posted: 16 Sep 2009, 14:46
by kenneal - lagger
fifthcolumn wrote:That is the difference between you doomers and those working to solve the problems: we see opportunity where you see doom.
:twisted:
Us doomers are working to solve our problems here. We didn't run away from the problems to Canada. Who's the real doomer then?