Lateral with Tom Scott cover image

Lateral with Tom Scott

82: Cattle at the office

May 3, 2024
Karen Chu from 'Good Job Brain,' along with Bob and Lizzy, discuss quirky topics like vinyl records with hidden messages, regal colors for queen bees, and unravel the mystery of 40 live cattle delivered to a Chicago office. They also engage in a fun movie guessing game and explore the unique sport of chess boxing.
50:59

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Unexpected cattle delivery due to forgotten futures contract in the 18th century commodities trading.
  • Introduction of new frozen pucks every 2 minutes at ice hockey championships for consistent play.

Deep dives

Livestock Trading Mishap in Chicago

In the early 18th century, a commodities trader in Chicago experienced a unique situation where 40 live cattle were delivered to his office after he forgot to sell his livestock futures contract. Due to the expiration of the contract, the trader ended up with real cattle outside his workplace. He had to pay additional fees for the stockyards to sell the cattle on his behalf, allowing him to resolve the unexpected delivery.

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