Two for Wednesday. First, a famous commodities paper updated 10 years later, and second, a review of the most skilled hedge fund managers.
I found the below table on basis particularly interesting. Table then downloads:
Facts and Fantasies about Commodity Futures Ten Years Later*
THE MOST-SKILLED PORTFOLIO MANAGERS
Get a Free Subscription!
If you send me an email with a link or attachment to a piece you think readers would love, and I use the piece, I will happily give you $100 off your subscription. This is worth a free quarter of the Farm at current levels.
Send all emails to email@example.com with “RESEARCH” in the subject line.