Stockpickr: Trade Like T. Boone Pickens

Stock quotes in this article: GSF , MEE , FCL , COP , EBAY  

Pickens' portfolio can be thought of as a "peak oil index." To check out his other holdings, click here.

Stockpickr tip of the day: Another proponent of peak oil theory is Peter Thiel, the founder of PayPal. Thiel has gone from running PayPal, which he sold for $1.5 billion to eBay(EBAY Quote), to running his fund Clarium Capital. According to MARHedge and Absolute Return, two hedge fund trade magazines, Clarium was the most successful global macro fund of 2006. Thiel's portfolio is also worth looking at to see which positions might do well in a peak oil world.

Come discuss whether you believe in the peak oil theory.

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At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

James Altucher is a managing partner at Formula Capital, an alternative asset management firm that runs several quantitative-based hedge funds as well as a fund of hedge funds. He is also the author of Trade Like a Hedge Fund and Trade Like Warren Buffett. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

Interested in more writings from James Altucher? Check out his newsletter, TheStreet.com Internet Review. For more information, click here.

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