I’m pleased to announce that my second book is now out:
Investing in Renewable Energy: Making Money on Green Chip Stocks
with Jeff Siegel and Nick Hodge
Unlike my first book Profit from the Peak, this book was a true collaboration. I wrote about half of it, including material that I borrowed and rewrote from PFTP. For example, the roughly four chapters on peak oil from the first book were condensed into one chapter in this book.
The timing of this book was, unfortunately, terrible. Whereas PFTP came out just as the world woke up to the possibility of peak oil, and oil prices were hitting new highs every week (and kept on hitting them for months more), this book comes out just as the markets are experiencing their worst selloff in decades. That’s too bad for us as authors, but there were very few people who would have said we’d be in this situation a year and a half ago, when we were writing the book. Certainly not us.
Although this is a tough time to be an investor in stocks, let alone the energy sector, I firmly believe that once the market has truly wrung out the toxins and assets have once again become properly valued, the energy sector will take off again. That point could be months or even a year or more in the future, but when it does happen, those who have invested wisely in renewables should make a bundle.
Check it out, and let me know what you think of it!