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November 11, 2008
Peak Oil
![](https://www.hoffmang.com/img/peak-oil-2008-11.gif)
Yep. It sure was peak oil alright...
Luckily this time I had documented proof that I called it when it was trading around $115. It's too bad I couldn't figure out a better strategy to play it than a direct side bet. In Talebian hindsight I could have bought USO puts but the problem was guessing when the bubble would pop.
Posted by hoffmang at 01:51 PM
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