Commodities Taboo


“Charles Ellis’ Winning the Loser’s Game: Timeless Strategies for Successful Investing offers 10 core rules:

1. Never, never speculate.
2. Your home is not a stock.
3. Save lots more.
4. Brokers aren’t your friends.
5. Never trade commodities.
6. Avoid new and exciting deals.
7. Bonds also ride up and down.
8. Never invest for tax benefits.
9. Write goals and stick to them.
10. Never trust your emotions.”

Unilaterally telling people not to trade commodities is ignorant. Some alternate views on “commodities” can be found here, here and here.

You might like my 2017 epic release: Trend Following: How to Make a Fortune in Bull, Bear and Black Swan Markets (Fifth Edition). Revised and extended with twice as much content.