About the House: Come and Get Me, Copper
By Matt Cantor
Thursday June 19, 2008
I’m a great retrospective investor. Not so good at guessing which stocks to pick today but I’m really good at knowing which company or trend I should have bought last year. I guess we’re all a bit like that. Copper is a wonderful example. Its had quite a wild ride over the last six years or so and one of those years saw close to a tripling in value. Copper started out at about 75 cents a pound in 2002 and is now nearly four dollars a pound. I guess some people feel so bad about missing out on the copper boom that they’re willing to climb under your house and leave with your plumbing. No joke—this is actually happening so much these days that its become common news.
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