Investor Richard Rainwater sells his billions of dollars in oil company shares in May, when the price of oil hits $129 a barrel. In September, he starts buying again with the price at $90 a barrel. No, he doesn't get the timing exactly right oil subsequently dropped below $50 a barrel. But would you really want to bet against the proposition that oil prices are headed higher in the long run?
The Top 10 Everything of 2008
- Top 10 Albums
- Top 10 Animal Stories
- Top 10 Awkward Moments
- Top 10 Best Business Deals
- Top 10 Worst Business Deals
- Top 10 Breakups
- Top 10 Buzzwords
- Top 10 Campaign Gaffes
- Top 10 Campaign Video Moments
- Top 10 Children's Books
- Top 10 Crime Stories
- Top 10 Editorial Cartoons
- Top 10 Election Photos
- Top 10 Fashion Faux Pas
- Top 10 Fashion Moments
- Top 10 Fiction Books
- Top 10 Financial Collapses
- Top 10 Fleeting Celebrities
- Top 10 Food Trends
- Top 10 Gadgets
- Top 10 Green Stories
- Top 10 iPhone Apps
- Top 10 Late Night Gags
- Top 10 Magazine Covers
- Top 10 Medical Breakthroughs
- Top 10 Movies
- Top 10 Movie Performances
- Top 10 Museum Exhibits
- Top 10 News Stories
- Top 10 Non-fiction Books
- Top 10 Oddball News Stories
- Top 10 Olympic Moments
- Top 10 Open Mike Moments
- Top 10 Outrageous Earmarks
- Top 10 Photos
- Top 10 Plays and Musicals
- Top 10 Political Lines
- Top 10 Quotes
- Top 10 Religion Stories
- Top 10 Scandals
- Top 10 Scientific Discoveries
- Top 10 Songs
- Top 10 Sports Moments
- Top 10 T-shirt Worthy Slogans
- Top 10 TV Ads
- Top 10 TV Episodes
- Top 10 TV Series
- Top 10 Underreported News Stories
- Top 10 Video Games
- Top 10 Viral Videos
A yearbook of all the top events you've been talking about