A Documentary you must watch
Years ago, completely out of nowhere I fell on this documentary on ARTE a french network ( feels old to talk about watching TV…!). It was such as good one! very insightful! It was not another film with the sole purpose to put traders down.
A couple of days ago, again completely out of nowhere, I found the documentary on youtube translated into English! I had to share it with you It’s a must watch!
Funny story, In my first intra-African fly from Dakar to Abidjan, I saw a recognize a man that I knew he was a commodity trader but could not recall his name nor how I know him. So I collected my courage and went talk to him. I did know him! It was the rice trader from the documentary, Njack Kane ! Haha!
Let me know what you think about it !
Great documentary. Very interesting to see the verbal contract in cotton between Mr. Armand Erzezer and his Asian counterpart. As a trader, you are truly responsible of every word you say. Tourne ta langue sept fois dans ta bouche avant de parler and know your product is paramount to say the least. Loved the segment about how the physical and the futures markets are interrelated. I can only imagine how tough it must have been for traders who edged all their purchases right before the financial crisis of 2008 with commodity prices rising through the roof and the drying up of liquidity at that time. Hopefully, there are still room for small trading firms in the future who are nimble enough to adapt to the changes of the market and who can still take up specific market niches.
Thanks for the post.
Yes, it’s a great documentary.
IMHO, Small trading firms will continue to thrive for the next decades.
They are able to capture a kind of value where the big ones cannot.
Thanks for your comments !