The world has changed and so, too, has investing. The market is shell shocked and yesterday's momentum stocks are today's slow-motion stocks. But in the new reality of low-growth investing, commodities are hot and getting hotter. A rapidly industrializing and urbanizing Asia will be demanding lots more copper, zinc, iron ore, coal, fertilizers, gold, and oil to transform their societies. Commodities are it and that's great news for investors who want to profit from the next great bull market in commodities. In fact, commodities may be about the only asset class that is likely to outperform the broad market in the future.
Although they are without a doubt important to the global economy, commodities are among the most misunderstood of all asset classes. Stocks, bonds, and real estate all have legions of followers and plenty of experts agree on their importance within an investment portfolio, but venture into the world of commodities and you are into an area that's intimidating to the average investor, where suspicions run deep and understanding is limited. As a result, commodities get short-shrift in most investment accounts and investors miss out on some important opportunities.
The Little Book of Commodity Investing is an indispensible guide to learning the ins and outs of commodity investing. It's about identifying opportunities to profit from the coming bull market in commodities. It explains the benefits of commodities as part of a well diversified investment portfolio; covers all of the major commodities markets; what makes commodities and the companies that produce them tick; why commodities sometimes zig and then zag; what to buy and when to buy it; and why commodities are the next big thing.
Today's world is a very different world - a world where an understanding of commodities is a prerequisite for investment success. And The Little Book of Commodity Investing is the roadmap you need to discover where the opportunities of the future lie, and what to do about it.
Any additional comments?
Don't expect many direct investment ideas. This is more of an introduction to what opportunities exist in the commodity space. A worthwhile listen for anyone not familiar with commodity investing.
1 su 1 utenti hanno ritenuto utile questa recensione
The commodity review was superficial. Similar information can be found on Wikipedia.
Although only 2-3 years old (this review is being written in December 2015), the book is already dated. For example, it speaks of the roaring Asian economy needing growing amounts of iron ore and other base materials to fuel its future growth needs.
I'll request a refund from Audible.
. . . . .especially about the future", as Yogi Berra wisely put it. And someone should have told Stephenson that before he filled this book with predictions about the decade 2010-2020 that have. . . .shall we say "not aged well".
There is a lot of interesting general information about commodity markets in this book for someone new to the subject if that's what you're looking for. But unfortunately all that information is structured around justifying his forecast for a huge commodities bull market and stagnant stocks, the opposite of what we've seen since publication. I suspect the fact that the author runs a commodities based fund is not a coincidence. . . . .
The narrator is not my cup of tea either. His voice is soporific and numbing IMHO.