Commodities Will be tested

There’s been a dearth of commodity related questions in Schweser and in CFAI mocks. The gamblers fallacy bias in me tells me that it is due to be tested. So hope to know:

convenience yield, computing lease rate, forward range, storability, what’s a better hedge, etc.

Those formulas with the exponents are a pain in the ass.

Get your cash and carry reps before the exam… I’m getting the same feeling. I also haven’t seen any commerical bank institutional questions… memorize the Leverage Adjusted Duration Gap!!!

After the exam is over, I want to bet against you guys, even money, on the tos sof a biased coin.

I see a big payday in my future.

Watch out for that overconfidence bias, S2K!