4min chapter

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Warren Buffett’s Biggest Bet | The Salad Oil King | 1

Business Movers

CHAPTER

How to Drive Up the Value of American Vegetable Oil Made From Soy Beans

In 19 63, tino learned that the soviet union sunflower crop had failed. He believed foreign governments and businesses would have to turn to america's swabing base products. Tino couldn't drive up the value of soy beans on his own. So he needed the help of investing on wall street. The commodities exchange authority suspected that criminal activity fuelled the recent soibin investment craze. Soon, c e a officials started asking questions around wall street and in the commodities trading industry. Eventually, the answers to those questions led the c e a directly to tino de angeles. In late 1963, tino would have another run in with the united states agriculture

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