Commodities are notorious for their volatility. I saw this first hand when I was working as an Investment Analyst at Dixon Advisory. I was tasked to investigate whether shares with exposure to the silver price were worth pursuing. Silver is a fantastic example of a ridiculously volatile commodity. The chart below shows you what I mean:
Book Review: The Signal and the Noise
The in-vogue statistician, Nate Silver, provides readers with some remarkable insights into the art of prediction and forecasting in his bestselling debut.