The Good Problem

The repairman sighed.  No one called; there was nothing to do.  The ad said it best:  we make dependable appliances.  That meant that the repairmen, even though employed and salaried, had no jobs pending.  They were there just in case, nothing else.  It was a lonely life, and the repairmen complained about the loneliness.  ForContinue reading “The Good Problem”

The Benefits & Pitfalls of Commodities Trading

A commodity trader at a food company observed that prices of coconut oil, an ingredient in most of the company’s products, was forecast to trend higher.  He, therefore, ordered more than two (2) months’ supply of coconut oil, buying from several vendors who offered the lowest prices.  When the coconut oil price indeed increased daysContinue reading “The Benefits & Pitfalls of Commodities Trading”