Consensus Breeds Mistakes

Commodity trading operates under the principle that when the majority agrees on future price movements, it's likely to be incorrect. Traders focus on short-term forecasts, typically three to nine months. In contrast, major investment projects in energy last five to ten years, presenting a different economic challenge and requiring patience from investors. Success comes from pursuing ventures that may not yield immediate financial results, highlighting the importance of long-term vision and the ability to maintain investor confidence amidst uncertainty.