Imagine an apple growing company. Let's call the company AppleOrchard. The company's only asset is a single apple tree. In their initial public offering, the company creates and sells exactly one share, representing the one tree.

Buying and SellingDuring the IPO, Person1 buys the one share of AppleOrchard for $10 ( Read more... )

When I first learned about peak oil in August of 2005, I realized that people would be making money. If I could understand enough about peak oil, the economy, and the stock market, I'd be able to pick good stocks. About that same time, I came to the realization that I didn't like the idea of buying stocks from the market. The reason I didn't ( Read more... )