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For the 15 years through 2012, Laurent has outperformed the market with 16% annual returns, compared to 5% for the market. Laurent's international career has stretched through US and Europe. He earned an MBA from Boston University and an MS in Engineering from RPI.
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Longs, Shorts, and Mini-Skirts
  • Diversify Into The Yuan And Cocoa 0 comments
    Jul 7, 2014 10:52 PM | about stocks: CHOC, CNY

    Treasury Secretary Jacob Lew said that the yuan was under valued and should appreciate even though it is up 14% since 2010. They believe that the Chinese government was holding the value down to give them an advantage in foreign trade. (CNY is rated "buy".)

    Cocoa (CHOC, rated "buy") is the fifth best performing commodity for the first six months, rising 16%. Gold was the sixth best and palladium was in fourth place.

    Disclosure: The author is long CNY, CHOC.

    Themes: Chinese Yuan, Cocoa Stocks: CHOC, CNY
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