This course is a broad overview and discussion of the salient subject areas that one will need to navigate to fully understand the commodity space.
Students will be introduced to what makes each of the commodity sectors tick from an international economic standpoint.
This course sets the record straight about what is a predictive indicator and what is a lagging indicator in the commodity markets.
This course investigates why certain traders become great and why others blow up. Be prepared to journal extensively and learn about your strengths and weaknesses.
Here is Alec Baldwin as Blake in the movie Glengarry Glen Ross. Written originally by David Mamet as a play, it debuted in London in 1983 and then shown later the same year in NY and Chicago. In 1992 it was adapted for film.
Baldwin almost didn’t play this part: He left the project after signing on due to a contract dispute. He reconsidered knowing the script was one of the best he’d ever read.
Read MoreThe Morning I Get To Hell from Loose Music on Vimeo.
Robert Burke is one of my best friends from childhood and he’s a world-class musician. His new band, The Duke & The King, are making some great music and getting a lot of attention for it.
Here’s a video of their song The Morning I Get To Hell from their album Nothing Gold Can Stay. It was recorded on the BBC about a month ago.
Robert, who goes by Bobby Bird, needs the shave…
The Duke & The King on MySpace.
The Duke & The King Facebook Fan page.
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Jim Rogers, in my mind’s eye is the best purely fundamental trader. Listen to him delineate his theory on China – more than 10 years before his book A Bull on China was published. One of my classes at UCLA is dedicated solely to his fundamental manner of studying markets and commodities.
Listen closely to the segment at the 14:42 mark…
Charlie Rose: Where would you put your money right now?
Jim Rogers: If you want to invest in markets, you should put your money in the commodity markets…you should be buying SUGAR…(Rose cuts him off)…
Charlie Rose: Oh man, that’s…, c’mon Jim – that’s a fool’s errand.
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I choked on my words and stuttered, but ultimately held my own after some encouraging words from Manish before going on: “You’ll be fine. You’re on right after Rakesh Jhunjhunwala” and “You’re probably the only white guy who will be on all year.” It was about 120 degrees Fahrenheit in the studio. Other than that, it was a piece of cake.
Udayan and Mitali wanted to know about stock picks and “what do you think of XYZ?” But that’s their model: they are used to getting lots of tips and tricks. I was just sticking to my model. Stick to YOUR model.
This was filmed on July 14, 2005 in Mumbai.
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George Soros is living proof that the Efficient Market Hypothesis (EMH) is complete garbage. In fact, he takes on the fallacy of EMH in this interview. His historical rate of return eclipses Warren Buffett’s. He is a trend follower to the extreme and in his opinion, the worst error a trader can make is not being bold enough when you’re right on a position.
Read MoreShare A reader asked to interview me about 6 months ago. I didn’t see the benefit at the time, but I get enough questions that I thought I might give it a go. The interviewer is a reader of MartinKronicle and he did a great job for someone with no experience. His name is Gavin [...]
Bellafiore offers us a rare look inside a prop trading firm and its exclusive training program.
On one hand we need large urban centers to begin aggressively conserving water, while on the other hand hundreds of millions of people in India and China who are just getting running water for the first time in centuries.
The President, House, and Senate collectively could not come up with a National Energy Policy if their offices depended on it.
Share Here’s the scene. You’re in the interior of a large, and loud institutional brokerage firm. It’s utter mayhem and organized chaos, with paper flying and Institutional salespeople shouting over one another and at each other. One of the Administrative Assistants picks up a call and shouts… “Call for you Buddy. Pickup line 2…” “Bud [...]
Share I think everyone who made the decision to be in this documentary probably regrets it. Granted they’re young, but some of them are pathetic and entirely clueless.
September 09 2010
Both the terms “stock operator” and “speculator” are outdated. There is so much more that goes on to prepare when you are a professional prop trader.
September 01 2010
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August 27 2010
You are responsible for your own decisions. No sense of entitlement. No one owes you anything. Own your own shit.
August 22 2010
Everyone needs a mentor.
August 16 2010
