Image Credit: Alex Nabaum
The best time to get interested in an investing strategy is when its performance is at its worst. By that standard, commodities are starting to look intriguing.
These assets — oil and gas, corn and wheat, cattle and hogs, nickel and tin, silver and gold and so on — have been stinking up the joint ever since investors raced to buy them during the financial crisis. Even so, new research suggests that commodities may deserve a small place in the portfolios of iconoclastic investors who have plenty of patience.…
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This article was originally published on The Wall Street Journal.
Further reading
Benjamin Graham, The Intelligent Investor
Jason Zweig, The Devil’s Financial Dictionary
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Little Book of Safe Money
Geetesh Bhardwaj et al, “The Commodity Futures Risk Premium, 1871-2018“
Christophe Spaenjers, “The Long-Term Return to Durable Assets“
Claude B. Erb and Campbell R. Harvey, “Conquering Misperceptions about Commodity Futures Investing“