Thursday, August 4, 2011

Story of a Speculator

I'm going to focus on a few other things for the next couple weeks and won't post much, if at all, but wanted to leave some enjoyable summer reading.  In 1932 Arthur Cutten, who was the single largest speculator the CBOT wheat pit ever saw, wrote the following Story of a Speculator which was privately published after appearing as a three part serial in the Saturday Evening Post.  There have been a few blog posts here on Arthur Cutten and his speculations were so large, the US government began position limits as a result of the size he was trading.  It's a great and easy read at only 88 pages and until my upload of it, this writing has been almost impossible to find, enjoy. 

Story of a Speculator