I’d first met Boone in part because I had mocked Peak Oil as yet another nonsense Malthusian fantasy.At a 2014 Stansberry Research Conference event in Dallas, T.Boone conceded that he’d been dead wrong about Peak Oil. The most important lesson T. Boone taught me was that commodity industries – like oil and gas – that require huge capital investments are fraught with risk. Tags: Commodities , Oil The post What T. Boone Pickens Taught Me About Investing in Commodities appeared first on Money Morning - We Make Investing Profitable .