Black Sheep of the Black Swan Family Mari Kooi, CEO and Founder
Wolf Asset Management International LLC
Dec 2010
Commodities as an asset have the highest volatility, the largest left tail risk, inherent leverage and the highest time varying correlation risk, making them the Black Sheep of the Black Swan family. We examine these four topics in some depth. Everyone is now invested in commodities of some type, mostly gold, making this a current concern.