Money Stuff: The Podcast Chickenization: An Odd Lots Crossover
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Nov 29, 2024 
Join Tracy Alloway and Joe Weisenthal, hosts of the Odd Lots podcast and experts in finance, as they dive into their intriguing series on the chicken industry. They discuss the quirky connection between Ray Dalio and McNuggets, dissect the complexities of chicken pricing, and share humorous anecdotes about factory farming. The conversation highlights the impact of market dynamics on chicken production, revealing the far-reaching implications of pricing algorithms and the hidden struggles of small farmers in a competitive landscape.
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Ray Dalio and Chicken McNuggets
- Ray Dalio, before Bridgewater, worked with McDonald's on commodity hedging.
- He allegedly helped them stabilize chicken prices using grain derivatives, enabling the national rollout of Chicken McNuggets.
Chicken Wing Volatility
- Chicken wings are the most volatile part of the chicken.
- Chicken breast demand drives overall chicken supply, making wing prices dependent on breast demand.
Victorian Chicken Bubble
- Queen Victoria's love for exotic chickens in the 1850s caused a chicken breeding bubble.
- The bubble's burst made exotic chickens affordable, enabling Charles Darwin's evolution research.