Got a few messages about interesting commodity/trading books
So just making a list of books people may find interesting - not all great but I got something from each. Let me know if you have a good one that I forgot
Technical
How to Calculate Options Prices and Their Greeks: Exploring the Black Scholes Model from Delta to Vega - Pierino Ursone
Option Volatility - Sheldon Natenburg
Managing Energy Price Risk - (my copy was published by Enron risk ironically, there are newer versions)
Energy
Oil 101 - Morgan Downey
Kochland
Natural Gas -Vaclav Smil
Energy and Civilisation- Vaclav Smil
The New Map - Daniel Yergin
The Prize - Daniel Yergin
40 Classic Oil Trades
Geopolitical Alpha
Superpower - Russel Gold
Volt Rush
The King of Oil
Ags
The Merchants of Grain - Dan Morgan
The New Merchants of Grain- Jonathan Kingsman
From Crop to Cup Coffee Conversations- Jonathan Kingsman
The Sugar Casino - Jonathan Kingsman
The Cargill Trio (Trading the Worlds Grain ,From Commodity to Customer, Going Global)
Metals
The Story of Metal Trading - Helmut Waszkis
Volt Rush
Cobalt Red
General Interest
The World for Sale
The Man Who Solved the Market
Nassim Taleb books- he like to repeat himself though
The Sogo Shosha: Japan's Multinational Trading Companies
Noise - Daniel Kahneman
John_a_power, sorry about the lack of response. Maybe one of these topics will help:
More suggestions...
I hope those threads give you a bit more insight.
Bump
Thanks for making this, I always like seeing others' book lists to know if I missed something I should read. I'll add a few
The Quest - Yergin (anything by Yergin is probably must read for anyone in the energy space, just some of it is dated)
Psychology of Money - Housel
Thinking Fast and Slow - Kahneman
The Signal and the Noise - Silver (I wouldn't be surprised to find out that this is a similar book to Noise by Kahneman, I just haven't read that yet)
I like Signal and the Noise too , forgot about that one. Noise by Kahneman is more about the noise and differences we experience in decisions and judgements - like how 20 judges will all give radically different sentences for the same crime, or doctors giving different diagnosis for the same symptoms etc (how 20 traders could look at the same data and arrive at very different conclusions about whats happening).
Nate silver focuses on the concept of uncertainty and forecasting if I remember right?
Interesting, will have to pick it up next time I'm at the bookstore.
It's been a long time since I read Silver's book so the details are fuzzy, and there is definitely alot about uncertainty and forecasting in the book since that is his general focus, but I remember it more being about finding the right data to use and specialization (hedgehogs and foxes?)
great list
Hedge Hogs
The Smartest Guys in The Room
I must check Hedge Hogs out as there isn't much written about John Arnold. Huge respect for the guy, learned his craft, made a killing and got out to do other things with his money.
More of a textbook than a regular book but I would add The Art of Grain Merchandising.
40 Classical Oil Trades is underrated (title isn't great).
Really wish there was a metal's version of this, love the idea.
OP, excellent list.
Agreed - anyone have additional recommendations for more trading practitioner style books for other commodities? List above is great but most of them are more focused on history and not really trading applications.
does anyone know how to get a copy of the history of metal trading book? Have been having a hard time finding anything online/ at the library
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