Where to Find Winners Among a Bunch of Losers
December 18th, 2008 at 8:35 pm (Commodity fund)
Whenever the economy changes, there are losers, as any look at a newspaper will tell you. Photos of commodity fund investors’ worried looks consistently run with headlines about the economic collapse. Even the big banks are worried.
What economists often forget is that in losing times, there are winners too. What’s lost by one company becomes [...]