I preordered this book and waited with great anticipation; it did not disappoint. Blas and Farchy of Bloomberg, two of the leading energy and commodity reporters in the world, take readers deep inside the world of commodity trading - chronicle commodity trading's rise from a boring backwater to kingpin status.
The highly accessible and an enjoyable read for industry experts and laypersons alike. The narrative stands riveting, keeping the reader in suspense and thirsty for more. Better still, everything in the book actually happened.
Without a doubt, this will be lauded as a critical work in the years to come and be required reading for traders, bankers and business schools around the globe.
I just wish there was another volume.
Bravo to Blas and Farchy on a stellar work.
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The World for Sale: Money, Power and the Traders Who Barter the Earth's Resources Paperback – 25 February 2021
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Blas and Farchy compellingly lay out how a handful of secretive traders have had a hand in directing not only the world's commodities, but also its politics and history. The World for Sale draws back the covers on a sector where civil wars, dubious regimes and the collapse of states have often been just another business opportunity - and what that has meant for the rest of us. Intriguing and, at times, alarming. -- Helen Thomas, Business Editor, BBC Newsnight
About the Author
Javier Blas and Jack Farchy are two of the world's best-known journalists covering energy, commodities and trading houses. They both work for Bloomberg News, where Blas is chief energy correspondent and Farchy is a senior reporter covering natural resources. Previously, they covered commodities for the Financial Times. Blas and Farchy have interviewed most of the key figures in the commodity trading industry - in some cases, the first time the traders had ever spoken publicly. They've published the financial accounts of many of these secretive companies for the first time. And they've reported on oil, food and war from countries as diverse as Kazakhstan, Ivory Coast, and Libya. The pair frequently appear on TV and radio as experts on commodities. Blas has been interviewed on BBC News, CNN and Al Jazeera, and Farchy regularly appears on BBC Radio 4 Today. The World for Sale is their first book.
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Most helpful customer reviews on Amazon.com
Amazon.com: 26 reviews
Bryan J. Kaus
Want to know what makes the world go round? Read this book!13 March 2021 - Published on Amazon.com
6 people found this helpful
Minimal New Information17 May 2021 - Published on Amazon.com
You'll hardly gain any new information if you've already read The King of Oil and/or Metal Men, as Marc Rich's story seemingly takes up the majority of the book. You'll gain even less info if you've kept up with news on the physical commodities trading industry over the last few years, as much of the remainder of the book simply rehashes the publicly known dealings of Glencore, Vitol, Trafi, Mercuria and Cargill in the 21st century.
5 people found this helpful
A riviting eye-opener2 May 2021 - Published on Amazon.com
The information in this well-written book was terra incognito for me. I knew nothing about commodity traders. But I sure do now. A whole new world was opened to me when I read this book. I will henceforth pay attention to commodity trading, from a financial as well as a geopolitical point of view. Trading in agriculture products and industrial metals (e.g. iron, nivkel, zinc, copper, aluminum ) and oil, it's all discussed. Pure traders, who don't actually mine or grow the physical products nonetheless make billions by trading, often in high-risk and even illegal situations. And financial institutions who supply the, money for such ventures are interwoven into the trading deals. Regulations eventually hindered these traders, but they're still making tons of money. A most enlightening book.m
One person found this helpful
Learned many new things from it19 March 2021 - Published on Amazon.com
Two most important takeaways: 1) I severely underestimated the impact of commodity trading on politics 2) bankers are innocent kids from kindergarten, compared with the commodity traders.
3 people found this helpful
James K. Harris
Great Book, highly recommend it23 March 2021 - Published on Amazon.com
I have been following this industry for many years, and started by reading"Metal Men" as an introduction to the industry followed by many books and articles. This book brings it altogether and ties it up in a bow.
4 people found this helpful