April 2013
Beginner
561 pages
16h 43m
English
Witnessing the grain complex shatter all-time-high price records and continue to climb during the now-infamous 2007–2008 commodity rally was nothing less than breathtaking. However, by late 2008, the party had ended. Many retail traders and fund managers watched in horror as the grains made their way relentlessly lower. The selling pressure and losses in the commodity markets were so profound that hedge fund managers experienced unprecedented numbers of redemption requests, adding fuel to the already raging fire.
“There is no tool to change human nature ... people are prone to recurring bouts of optimism and pessimism that manifest themselves from time to time in ...
Read now
Unlock full access