The Incredible True Story of the Real Life 'Trading Places'

2017-03-03 · 37 min · 13 entities

episode page audio

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The Incredible True Story of the Real Life 'Trading Places' If you have any interest at all in finance, then it's mandatory to have seen t
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Entities found in this episode

concepts 7

mentioned Investing concept

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Feed category: Investing
mentioned News Commentary concept

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evidence rules-v4
Feed category: News Commentary
mentioned Business News concept

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evidence rules-v4
Feed category: Business News
discusses News concept

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evidence rules-v4
Feed category: News
discusses Investing concept

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evidence rules-v4
Feed category: Investing
discusses News Commentary concept

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evidence rules-v4
Feed category: News Commentary
discusses Business News concept

0.40 · ×4

evidence rules-v4
Feed category: Business News

companys 4

mentioned Bloomberg company

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evidence rules-v4
Feed author/publisher: Bloomberg
mentioned Business company

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evidence rules-v4
Feed category: Business
discusses Business company

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Feed category: Business
hosted by Bloomberg company

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Feed author/publisher: Bloomberg

books 2

mentioned Trading places book

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evidence rules-v5
The Incredible True Story of the Real Life 'Trading Places' If you have any interest at all in finance, then it's mandatory to have seen t
references Trading places book

0.60 · ×2

evidence rules-v5
The Incredible True Story of the Real Life 'Trading Places' If you have any interest at all in finance, then it's mandatory to have seen t

Episode description as stored

If you have any interest at all in finance, then it's mandatory to have seen the 1983 movie "Trading Places." You remember, right? Two wealthy Philadelphia commodity brokers bet on whether anyone, even down-and-out Eddie Murphy, can be trained to become a successful trader. What you might not realize is that something very similar happened in real life. In this week's Odd Lots, we examine the amazing tale of the Turtle Traders. In 1983, successful commodities speculator Richard Dennis took out a full-page ad looking for novices to train in the art of trading. His novices -- who did spectacularly well -- studied for just a few weeks and were dubbed his "Turtles." Joining us to tell the story is Michael Covel, who wrote a book on the Turtles, and Jerry Parker, a former Turtle who still trades using the same technique today. See omnystudio.com/listener for privacy information.