Feb

16

Here's an excellent and exhaustive study on the speculative habits of 9000 retail grain traders from the years 1922-1932. From the look of it, nothing has changed.


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  1. Michael C. Ng on March 13, 2017 1:03 pm

    That’s an interesting study. One thing that stood out to me is that the commission rate was quite high back in those days. A speculator would need to have a large enough edge to overcome the odds.

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