Orange Juice!!

[john33]

Don't buy the futures, buy phyiscal orange juice and store it.

 

[DontMissTheBus]

....why?

Quote from john33:

Don't buy the futures, buy phyiscal orange juice and store it.

 

[john33]

Vitamin C, good for your health!

 

[CrackPipe]

any one wanna buy 200 x 3 year old 1 ltr cartons of just juice?

 

[brocklanders]

Retail stores will not buy from a guy storing his own oj. You would have to sell it back to a wholesale warehouse first and expect that it would eat up much of your expected profits if you were successful at all in selling it back. I guess the worst case is you have a lot of oj to drink.

I just read about this exact situation in a book called 'More Money than God' (pretty good read so far!). The guy made a profit but had to give up about 20% in doing this sort of thing. Luckily he had enough profits to cover the haircut and still be profitable.

 

[chisel]

Quote from brocklanders:

I just read about this exact situation in a book called 'More Money than God' (pretty good read so far!). The guy made a profit but had to give up about 20% in doing this sort of thing. Luckily he had enough profits to cover the haircut and still be profitable.

Author?

 

[brocklanders]

"More Money Than God: Hedge Funds and the Making of a New Elite" by Sebastian Mallaby. Here is the link on Amazon:


http://www.amazon.com/More-Money-Than-God-Making/dp/1594202559

 

[chisel]

Quote from brocklanders:

"More Money Than God: Hedge Funds and the Making of a New Elite" by Sebastian Mallaby. Here is the link on Amazon:


http://www.amazon.com/More-Money-Than-God-Making/dp/1594202559

Thanks. I thought that was it but wanted to make sure.

 

[mgookin]

You have to pay for the freezer and electricity, land, building, etc. FCOJ is stored on a massive scale by Tropicana and others.

 

[1765hillwood]

I all I will say is take a look where OJ is now