Commodities For Dummies 2nd edition by Bouchentouf, Amine (2011) Paperback

by Bouchentouf

Commodities For Dummies by Bouchentouf, Amine [For Dummies, 2011] (Paperback)...

Genres: Ebooks, Business, Finance, Economics

Paperback

First published January 1, 2006

Reviews

[Jeffrey Sylvester · Rating 3 out of 5]

“Commodities for Dummies” by Amine Bouchentouf is a mediocre read. Amine establishes a criterion for defining commodities that are deliverable and tradable and discusses what constitutes the value of each commodity as well as a bit about the corporations that process them. The author also provides a basic explanation as to how futures commodity markets operate and how to access commodity investments in a secondary fashion through equity markets. Other more contextual factors are discussed as well such as the rationale for why demand and returns on commodities are likely to increase over time (stating the obvious demand from the BRIC countries, etc.).

There are also a few sections on the use of leverage for trading stocks on margin and the various regulatory requirements that tend to characterize the various commodities. Amine also introduces the reader to the various indicators, indexes and exchanges that investors should consider tracking in addition to various risk management strategies such as the ebb and flow of business cycles and tracking of geopolitical risks, to provide two of several examples.

Overall, I’d say this book is more of a practical and detailed “how to” guide for interested investors as opposed to an in-depth knowledge source on the aforesaid topics. Thus, the only critique I have is that some of the chapters are repetitive. For instance, one chapter will be on energy companies whereas another will be on metals yet each of those chapters provides procedural advice on how to access investments in that commodity. But there is quite a bit of overlap in that procedural advice (for example, having to register with a futures trading commission). Thus, a reader only has to read that procedural advice once to get the drift and to begin accessing a range of commodity investments.

[Jethro Pieterse · Rating 4 out of 5]

Great overall book which gives all the technical how to start investing in commodities. It also offers a wide range of every single commodity.
I would recommend this book to any beginner or intermediate who is interested in getting a firm understanding of commodities. If you are interested in how to start investing in this market and which investment vehicle to use this book serves as a backbone for your learning arsenal.

[Chris Waterford · Rating 1 out of 5]

This book was not particularly helpful. Not enough details about "how to do it". Maybe it did its job by convincing me to stick to shares.