Travis Hoium
๐ค SpeakerAppearances Over Time
Podcast Appearances
Two Japanese real estate investors.
I'm not even going to try to butcher their names.
But everything ended up kind of going belly up.
And he ended up not being a billionaire, was richest person in the world in 1991, and then was no longer a billionaire a little over 10 years later.
So just crazy how fast things can go down.
Yeah, that is one of the wild things is some of these people who are well-known investors, you look back on their history and they have these periods of bust in them.
Benjamin Graham as well, I think, either went bankrupt or was effectively broke.
All right, we talked a little bit about oil earlier in the show.
Do you guys remember what year U.S.
oil consumption peaked?
I'll give you a hint.
It was not last year.
But what year did oil consumption peak in the U.S.
The answer is 2005.
I've got this- Right in between.
I've got this EIA table that I go back to every once in a while that has oil consumption.
It's just always fascinating to see
Because then you think about the impacts, right?
Like we're not driving less.