I received an excellent question from reader Niko P. and I’d like to get right to it in today’s issue because I think the answers will be of interest to any commodity investor:
“Hello Kevin, Hope you are having a good day. I enjoy your articles. 1) Do you have any favorite books on commodities investing? I realize that is broad, but I would be interested in any books you like on the subject of commodities (e.g. futures, ETFs, metals, agriculture, mining stocks, etc.) I have not been able to find a list of commodity books that people consider must reads. Any books you could suggest even if they are out of print would be appreciated.”
Jim Rogers is the undisputed king of commodity investing. Over the past 40+ years, he’s had as much success investing in commodities as anyone. He’s also a great investor in general, and the things you learn from reading his books and listening to him speak will help you become a better all-around investor.
I’d recommend reading any of his books you can get your hands on.
But the best one to read to learn about commodity investing is his book Hot Commodities: How Anyone Can Invest Profitably in the World’s Best Market.
I’d recommend reading his book front to back if you’re new to commodity investing. If you do, you’ll be better prepared to understand commodity markets than 99% of other investors. That’s a competitive edge you can’t put a dollar value on.
I’d also recommend picking up his two world traveler/investor books, Investment Biker: Around the World with Jim Rogers, and Adventure Capitalist: The Ultimate Road Trip.
These other two books aren’t commodity focused, per se, but they definitely helped me put my mind in the right place to think about the global nature of commodities. And they’re just darn good books.