Pierre Andurand Says the World Could Run Out of Cocoa Inventories
Odd Lots16 Mai 2024

Pierre Andurand Says the World Could Run Out of Cocoa Inventories

Pierre Andurand made his name trading oil and other energy-related assets, but wild swings in the price of cocoa have recently lured the founder of Andurand Capital Management into a new market. He bet on cocoa earlier this year and saw the trade pay off as the price of the beans surged to a record $12,000 a ton. Prices have since fallen back to around $7,800, but Andurand sees scope for further upside as extreme deficits in the building blocks of chocolate loom. In this episode, we talk about how he entered the cocoa market, how he formed his investment thesis, and potential interest in other soft commodities, like coffee and orange juice. We also talk about copper, where a similar story of structural shortages is now playing out in prices.

See omnystudio.com/listener for privacy information.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(1307)

How Wall Street Is Bracing For the Post-Jensen Huang Nvidia Era

How Wall Street Is Bracing For the Post-Jensen Huang Nvidia Era

Nvidia's post-Jensen Huang era has just begun and there are so many open questions about the company's future. Who will the board choose to be Nvidia's next CEO? Will the government crack down on the ...

14 Nov 35min

Why a $2 Billion Law Firm Suddenly Collapsed

Why a $2 Billion Law Firm Suddenly Collapsed

At the end of October, seemingly overnight, a major law firm called Weil Gotshal announced it was winding down after a number of partners departed and talks of a merger with another firm failed. So ho...

13 Nov 58min

What Nvidia's Megaspeed Scandal Is Really All About

What Nvidia's Megaspeed Scandal Is Really All About

Nvidia CEO Jensen Huang’s extramarital relationship with a woman named Alice Huang, whom US intelligence reportedly identified as a Chinese intelligence asset, is one of the biggest stories in the wor...

12 Nov 54min

The Perfect Storm That Clobbered Hedge Funds

The Perfect Storm That Clobbered Hedge Funds

Even before the US midterms, the AI trade was weakening. Just look at all the headlines from October in the hedge fund world — it was one of the bloodiest periods the industry has faced in recent memo...

11 Nov 51min

This Is How New York City Takes Out Its Trash

This Is How New York City Takes Out Its Trash

According to Joshua Goodman, trash collection in New York is one of the last services the city offers that is not yet touched by neoliberalism. What he means is that it's the last free and unlimited c...

9 Nov 52min

The Macro Implications of the Blue Tsunami

The Macro Implications of the Blue Tsunami

We don't need to tell you that the midterm elections were historic: The Democrats won bigger than even they imagined. But as the dust settles, an open question we are puzzling over is the market's ong...

6 Nov 37min

James Bosworth on What Comes After Lula's Stunning Win

James Bosworth on What Comes After Lula's Stunning Win

When we last talked to James Bosworth, it seemed like an “orange wave” was going to take over Latin America and further realign the region’s interests with those of the Trump administration. But with ...

5 Nov 32min

An Election Day Special With Nate Silver

An Election Day Special With Nate Silver

Nate Silver tells us he is calling this midterms the “rock and a hard place election” — the background conditions are great for Democrats to win both the House and the Senate, but for that to come to ...

3 Nov 42min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
rss-skravla-gar
lydartikler-fra-aftenposten
rss-pa-konto
tid-er-penger-en-podcast-med-peter-warren
lederpodden
livet-pa-veien-med-jan-erik-larssen
pengepodden-2
finansredaksjonen
stormkast-med-valebrokk-stordalen
rss-civitapodden
rss-markedspuls-2
okonomiamatorene
morgenkaffen-med-finansavisen
rss-neste-generasjon-med-emilie-stordalen
pengesnakk