{"product_id":"v113ratforma","title":"V.17:3 (138-143): A Rationale For Managed Futures by Charles R. Lightner","description":"A Rationale For Managed Futures\u003cbr\u003e\u003cbr\u003eby Charles R. Lightner\u003cbr\u003e\u003cbr\u003eAlthough the futures markets are widely misunderstood even\namong knowledgeable investors, they serve a critical purpose\nin our economy; through the managed futures industry,\nthey provide an important investment opportunity for both\ninstitutions and individuals, and they need not expose the\ninvestor to unreasonable levels of risk.\u003cbr\u003e\u003cbr\u003eStocks, bonds, and real estate are\nthe largest and best-known types\nof investments in our economy.\nThey have distinctly different\ninvestment characteristics, and\neach has a specific effect on an\ninvestment portfolio. Over the\npast 20 years, the products of\nthe managed futures industry,\nwhich invests in the global futures\nmarkets, have also been\nshown to have unique, important,\nand beneficial effects when added to investment portfolios.\nManaged futures may represent the smallest of the\nalternative asset classes, but its characteristics are becoming\nbetter and better known and its value in an investment\nportfolio is becoming increasingly clear. Heres a brief look\nat why managed futures perform as they do and how they can be understood in the context of the economic purpose served\nby the futures markets.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133967364465,"sku":"\\V17\\C03\\022RATI.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_7f1c1749-a948-49f2-b86b-2534a04d77fe.jpg?v=1739659299","url":"https:\/\/shop.traders.com\/products\/v113ratforma","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}