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cover of episode How One Trader Won Big While Everyone Else Panicked on Black Monday

How One Trader Won Big While Everyone Else Panicked on Black Monday

2017/10/16
logo of podcast Odd Lots

Odd Lots

Shownotes Transcript

On Monday October 19th, 1987, the Dow Jones fell 508 points in a one day crash that will forever be known as "Black Monday". In honor of the 30th anniversary, Joe and Tracy talk to Blair Hull, managing partner of Hull Trading Co., who was actively trading that day. While everyone else panicked, Hull spotted an opportunity and won big in the chaos. On this episode, we talk about how he was able to keep his head above water and what lessons that day holds for markets today.

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