The Great Chicago Fire and the Wheat Market Disaster of 1872
A city burns down. Warehouses full of wheat turn to ash. Storage capacity drops overnight. And a group of traders looks at this disaster and thinks: “We can make money off this.”
Chicago
The Great Chicago Fire and the Wheat Market Disaster of 1872
A city burns down. Warehouses full of wheat turn to ash. Storage capacity drops overnight. And a group of traders looks at this disaster and thinks: “We can make money off this.”
Old Hutch: The First Man to Corner the Wheat Market
Picture this. A 30-year-old guy from Massachusetts moves to Chicago with no connections and no fortune. Within a few decades, he becomes the most feared trader on the floor of the Chicago Board of Trade. They called him “Old Hutch.” And he figured out how to squeeze money from wheat like nobody had done before.
Old Hutch: The First Man to Corner the Wheat Market
Picture this. A 30-year-old guy from Massachusetts moves to Chicago with no connections and no fortune. Within a few decades, he becomes the most feared trader on the floor of the Chicago Board of Trade. They called him “Old Hutch.” And he figured out how to squeeze money from wheat like nobody had done before.