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Ode to Ladislav Sutnar plus Trading Places with Planet Money

99% Invisible

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The Psychology of Commodities Trading

Billy Ray Valentine, who's now called William Valentine by the Dukes, is learning this commodities world. And it turns out he has some talent for it because it's not just about knowing the facts and the figures of the contracts and the commodities. A lot of it is about knowing psychology. Tell me just why you think the price of pork bellies is going down, William. Everybody's up tight. Could we please buy now, Randolph? Right, but if you want to lose money, go ahead.

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