4. The Bluefin Tuna

Price data for tuna is sparse, but approaching the market from a conservative perspective and viewing other indicators for the broader seafood market should be sufficient to make the argument about tuna’s future pricing.

At first, it is easy to dismiss the idea of seafood as an investment. It is difficult for investors to access, data is hard to come by, it is illiquid, and overall it is very strange. But it is for these very reasons that seafood has substantial potential. Figure 4.1 is an index of a basket of commodities from December 1995 to October 2010. Note that the index includes global seafood prices (salmon and shrimp) in its calculation. Figure 4.2 tracks the returns of fish products (salmon and fishmeal, dried ground ...

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