Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to an indispensable tool for managing risk as well providing an alternative investment to traditional stock and bond portfolios.
Asia, water, big data, intellectual property and commodities that have not been invented yet will likely be the leading markets in the next 20 years, according to Richard Sandor, who has a pretty good track record on these things.
For those not familiar with how the futures industry works, these markets are often lopped into the vast derivatives universe. Sandor’s book “Good Derivatives,” goes far in describing the vital uses of futures and distinguishing them from the mass of OTC products that contributed to our recent financial meltdown.
Last year, Sandor received the French Legion of Honor Award, the highest decoration granted by the government of France. In 2007, TIME Magazine named him one of its “Heroes of the Environment” for his work as the “Father of Carbon Trading.”