On Soros… from Abnormal Returns – Commodity Research Group

January 9, 2017 by Jim Colburn Leave a Comment

This is a good read from Abnormal Returns: https://abnormalreturns.com/2017/01/05/soros-fallibility-reflexivity-and-the-importance-of-adapting/

“The financial markets are becoming ever more efficient at upending previous market relationships. Today, analysts rely on charts indicating the correlation between two or more financial variables to make some sort of market pronouncement. Unfortunately, correlations change. Josh Brown writes:
“Correlations don’t last forever, and there’s no one setting the timer. One of the biggest mistakes we can make as investors is to assume otherwise.””

I would add that zero correlations don’t last forever, either…

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

Reader Interactions

Leave a Reply Cancel reply