3min chapter

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45. Robert Mullin: Commodities with Carry and Convexity

Mutiny Investing Podcast

CHAPTER

Investing in Natural Resources

I mean there's nuance trade-offs all the way down I usually bring up in the early 1900s a lot of farmers used to raise pigeons so they could harvest the pigeons for their bones crunch them up and distribute them fields. So then it just because of that news cycle and expectations it seems like grain prices skyrocketed and then the news comes in it's not as bad as we thought so then they tank, he says. The market is more complacent today than it was in mid-February before the tanks started rolling which to me is is pretty remarkable.

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