{"product_id":"commodity-investing-isbn-9780470223109","title":"Commodity Investing","description":"Straightforward and accessible, \u003ci\u003eCommodity Investing\u003c\/i\u003e balances academic-quality analysis with clear, compelling prose, and provides those interested in this fast-growing field with unparalleled investment insights. Page by page, you’ll acquire a deeper understanding of this discipline and discover how to make more informed decisions when investing in such a dynamic environment. With this book as your guide, you’ll benefit from the lessons of experienced practitioners and quickly come to grips with what it takes to make it in today’s commodity market. \u003cp\u003eAcknowledgments ix\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART ONE Basics 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 1 Introduction 3\u003c\/p\u003e \u003cp\u003eCHAPTER 2 Commodity Futures as Investments 9\u003c\/p\u003e \u003cp\u003eCHAPTER 3 Commodities for the Long Run 29\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART TWO Understanding Energy 37\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 4 Crude Oil 39\u003c\/p\u003e \u003cp\u003eCHAPTER 5 Heating Oil 57\u003c\/p\u003e \u003cp\u003eCHAPTER 6 Gasoline 67\u003c\/p\u003e \u003cp\u003eCHAPTER 7 Natural Gas 79\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART THREE Understanding Grains and Oilseeds 93\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 8 Corn 95\u003c\/p\u003e \u003cp\u003eCHAPTER 9 Wheat 107\u003c\/p\u003e \u003cp\u003eCHAPTER 10 Soybeans 117\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART FOUR Understanding Livestock 131\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 11 Hogs 133\u003c\/p\u003e \u003cp\u003eCHAPTER 12 Cattle 141\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART FIVE Understanding Industrial Metals 151\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 13 Copper 153\u003c\/p\u003e \u003cp\u003eCHAPTER 14 Aluminum 165\u003c\/p\u003e \u003cp\u003eCHAPTER 15 Zinc 177\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART SIX Understanding the Softs 187\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 16 Coffee 189\u003c\/p\u003e \u003cp\u003eCHAPTER 17 Sugar 197\u003c\/p\u003e \u003cp\u003eCHAPTER 18 Cocoa 207\u003c\/p\u003e \u003cp\u003eCHAPTER 19 Cotton 213\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART SEVEN How to Invest 221\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 20 Some Building Blocks of a Commodity Futures Trading System 223\u003c\/p\u003e \u003cp\u003eCHAPTER 21 The Rise of the Indexes 245\u003c\/p\u003e \u003cp\u003eCHAPTER 22 Conclusion 265\u003c\/p\u003e \u003cp\u003eAPPENDIX The London Metal Exchange 269\u003c\/p\u003e \u003cp\u003eNotes 273\u003c\/p\u003e \u003cp\u003eReferences 283\u003c\/p\u003e \u003cp\u003eAbout the Authors 287\u003c\/p\u003e \u003cp\u003eIndex 289\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eADAM DUNSBY\u003c\/b\u003e is a principal at Cornerstone Quantitative Investment Group. He received both his undergraduate degree and PhD in finance from the Wharton School of the University of Pennsylvania. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eJOHN ECKSTEIN\u003c\/b\u003e is a principal at Cornerstone Quantitative Investment Group. He earned a BS from Brown University, where he studied computer science and cognitive science. Mr. Eckstein developed investment application software for money management firms prior to his current position. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eJESS GASPAR\u003c\/b\u003e is the Director of Research at Cornerstone Quantitative Investment Group. He earned his undergraduate degree from MIT and his PhD in economics from Stanford. After receiving his PhD, Mr. Gaspar was an assistant professor at the University of Chicago, where he did research and taught international economics and computational methods in economics and finance. Mr. Gaspar worked at McKinsey \u0026amp; Co. as a consultant before joining Cornerstone. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eSARAH MULHOLLAND\u003c\/b\u003e is the head trader at Cornerstone Quantitative Investment Group. She earned a BS in economics from the Wharton School of the University of Pennsylvania. Prior to joining Cornerstone, she traded energy derivatives for Enron North America and PSE\u0026amp;G.      \u003c\/p\u003e\u003cp\u003eWhile commodities have been around for a long time, investors are just starting to realize their potential. But in order to achieve success in tomorrow's commodities market, you need skills and knowledge that are in short supply today. \u003c\/p\u003e\u003cp\u003eThat's why Adam Dunsby and his colleagues at Cornerstone Quantitative Investment Group (CQIG)—a leading commodity trading advisor—have created \u003ci\u003eCommodity Investing\u003c\/i\u003e. Rooted in theory, but proven in practice, this detailed guide will give you the tools you need to succeed in this challenging market. \u003c\/p\u003e\u003cp\u003eOpening with a clear assessment of past commodity performance, this reliable resource puts commodity futures investing in perspective and prepares you for what should be expected along the way. With this information in hand, you'll be introduced to the commodities themselves and discover the state of their industries as well as their long-term outlook. Along with these big picture issues, you'll also become familiar with the nuts and bolts of numerous commodities—from oil, corn, and cattle to copper, coffee, and cotton—and learn how to effectively integrate them into your portfolio. \u003c\/p\u003e\u003cp\u003eBased on the hard-won experiences of authors Adam Dunsby, John Eckstein, Jess Gaspar, and Sarah Mulholland, \u003ci\u003eCommodity Investing\u003c\/i\u003e explains the various components that may prove useful in either constructing an investment strategy or in evaluating a commodity-based investment strategy. It also provides important insights on trend following strategies, anchor variables, the shape of the futures curve, and risk control methodologies such as value-at-risk and maximum drawdown. Page by page, you'll acquire a deeper understanding of this discipline, which will allow you to analyze specific commodities and strategies according to their individual characteristics and make more informed decisions when investing in this arena. \u003c\/p\u003e\u003cp\u003eStraightforward and accessible, \u003ci\u003eCommodity Investing\u003c\/i\u003e balances academic-quality analysis with clear, compelling prose, and provides those interested in this fast-growing field with unparalleled investment insights. With this book as your guide, you'll benefit from the lessons of experienced practitioners and quickly come to grips with what it takes to make it in today's commodity market\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988950073573,"sku":"NP9780470223109","price":60.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470223109.jpg?v=1761782175","url":"https:\/\/k12savings.com\/products\/commodity-investing-isbn-9780470223109","provider":"K12savings","version":"1.0","type":"link"}