Investing

This week I finished Stephen Leeb’s audio book called The Coming Economic Collapse. His thesis is that oil production has peaked and that there will be less pumped next year than this. In the face of growing demand prices will rise and hardship will ensue.

The book is a plea for people and governments to face the problem and take action but failing that he has ideas about where to put money in order to benefit from what will be prevailing economic conditions over the next decade.

Interesting that several of his recommendations have done well over the last 12 months i.e. gold, alternative energy like fpl (wind generation), and oil companies. I have held some of these and will buy more because I think he makes a compelling case.

This weekend I embraced the MacBook Pro. The migration tool made it easy to transfer data and programs from the iMac to the MacBook.

After verifying that the applications work as expected I set about installing Boot Camp. This is the program that has received so much press lately. It allows booting Windows on a Mac. You use an Apple program called Boot Camp Assistant to create a disk partition that will store all things Windows. It then asks you to load a CD with the Windows O/S and proceeds to do a standard Windows install.

This process can go without a hitch but I wanted to install Windows Media Center Edition which complicates things because the O/S comes on 2 CDs. For me, getting around the 2 CD problem meant copying the CD to a flash drive and continuing the Windows install from the flash drive. The only thing that the HowTo's on the web leave out is that the MacBook will hang on reboot if the flash drive is left in the USB port. Wait until the installer asks for the 2nd CD before plugging in the flash drive!