Commodity trading is a complex and risky business that requires specific expertise in navigating global markets and political landscapes.

“This is a more difficult business that you think. This is not free money that we are taking from the table. This is not the big bully from high school taking the lunch from the children. We are putting our money at risk.”

Commodity traders play an important role in global trade by closing price gaps between locations through the arbitrage of raw materials.

“Broadly speaking, moving material from where the price is cheap to where it's expensive, both in location and in form and in time, that's closing those price gaps at the margin.”