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How Important Are Relationships When Trading Oil?
Oil is an incredibly political asset class at this point, which seems like it introduces a very unique risk factor compared to maybe some other agricultural products. How do you think this affects how oil behaves and what does it ultimately mean to you in terms of how you have to think about managing the portfolio? "I would say before I traded eggs, when we were trading eggs, you pay attention mostly to property ports, weather," he says.