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The Fundamentals of Investing in Commodities
I think particularly with materials, with energy, with a lot of non-US markets like Brazil or Australia, there's a huge commodity component to it. So what I've learned is in some ways to disconnect those. You don't want to think of the technicals with that as part of your process. Think of them separately. What is the chart telling me? What is the macro environment? What are all these other things? And then combine those in a meaningful way and how do you aggregate them?"