Is the financialisation of commodities being reversed?

Energy industry veteran Kaminski offers a verdict - and some career advice

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Vincent Kaminski

Many years ago, I received some very valuable advice: a young person weighing different career choices should march to the drums of history. Translated into actionable strategy, this implies identifying a fast-growing industry and its leading, cutting-edge firms, along with the skills required to get in the door for a job interview. The wave I have been riding for the past 30 years is the trend towards financialisation of the advanced economies, a process that can be defined as follows1:

“The

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