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Comment by H8crilA

Totally different scale, but this reminds me of Jesse Livermore, possibly the best speculator of all times.

> Following the end of World War I, Livermore secretly cornered the market in cotton. It was only interception by President Woodrow Wilson, prompted by a call from the United States Secretary of Agriculture, who asked him to the White House for a discussion that stopped his move. He agreed to sell back the cotton at break-even, thus preventing a troublesome rise in the price of cotton. When asked why he had cornered the cotton market, Livermore replied, "To see if I could, Mr. President."

A true hacker of the markets.

https://en.wikipedia.org/wiki/Jesse_Lauriston_Livermore

parent H8crilA 6 years ago

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