This is laboratory for the world's best restaurant. Photographer: Richard Vines/Bloomberg

Trade of the Day: Buy Noma, Sell Fat Duck

Mark Gilbert is a Bloomberg View columnist and a member of the Bloomberg View editorial board. He has worked at Bloomberg News since 1991, most recently as London bureau chief. He is the author of "Complicit: How Greed and Collusion Made the Credit Crisis Unstoppable."
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Noma in Copenhagen is back for a fourth time as the world's best restaurant, according to the chefs and food writers who vote for the World's 50 Best Restaurants list. The Fat Duck, which is west of London and has in the past topped the rankings, dropped to 47th from 33rd. Noma's menu features something called Nordic coconut; so the Trade of the Day is coconut oil, which has climbed more than 60 percent during the past year.

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To contact the author on this story:
Mark Gilbert at magilbert@bloomberg.net

To contact the editor on this story:
James Greiff at jgreiff@bloomberg.net