Diversify a portfolio

There’s this hedge fund called “SuperFund”, at first glance this seems to be a managed futures fund. This is basically a fund that invests in futures, ie. corn, oil, frozen concentrated orange juice, etc. and rolls them into the next period on a regular basis. This allows the investors access to the commodities market without the hassle of trying to buy and sell futures themselves. So as a “hedge fund” it’s not exactly typical. There are many managed futures funds out there. No need to go to eastern europe or even to another country. We have tons of them and many do take a minimal investment.

This is a solid way to diversify a portfolio (not this specific one, but this type in general). As with any investment, you need to know what you are doing, but investing in commodities is great for diversification.

Fed tours

I routinely take classes to the San Francisco Fed. Great learning experience. They have so much cash in their vault, I can’t tell you. It’s stacked five or six tiers high, several hundred feet long and at least 100 feet wide. It’s a warehouse of cold hard cash! There’s tens of billions of dollars there and they take you right to it! Also, you will get a feel for the organization in a way that you can’t get any other way.  Put on your to do list. It’s really interesting.

Hank Paulson

Although Paulson doesn’t have the means to actually do much, if anything, about China, his rhetoric is right out of Wall St. and exactly what the markets want to hear.

An “orderly” resolution is very much desired as the alternative is a crash which could and almost certainly would have ramifications globally.

Do you think that Paulson’s (and Robert Rubin’s) Wall St. connection is crucial to the Treasury position? It’s hard to see Snow or O’neil with as much credibility.