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That the company Jobs ran could be in a commodity business is almost unfathomable.
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"If all you are focused on is price you are in a commodity business.
PLENTY of companies that pump gas through pipes or electrons down wires think they are in a commodity business.
"I think that any publisher that's purely going for clicks at this point in time is in a commodity business, and they're going to be constantly running up the down elevator".
There is a very good chance we'll be in a low commodity price world for some time to come".
Rogers says we have been in a commodities bull run since 1999 and the underlying trend is for prices to head north.
I don't want to be in a long-only commodity fund.
"As good as Dell is, they are fighting in a commodity business," he said.
But streaming music is, in a way, a commodity, with precious little differentiation in terms of basic catalogs.
So Samsung deserves a low valuation because it makes what is in fact a commodity.
His father, who is retired, was a commodities broker in Virginia Beach.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com