11.10.2011 - Commodities and a carry trade for the individual investor
Ever since Winthorpe and Billy Ray Valentine bankrupted the millionaire Duke Brothers with one day of trading in orange juice futures in the movie, “Trading Places,” I have held the same fear of commodities as most regular investors. It’s too volatile and will break you in a heartbeat. Despite Mortimer and Randolph’s experience, one only needs to look at standard deviation, the common measure of volatility, relative to equities to see this isn’t the case..............................................Full Article: Source
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