Loved this story. Read it on Principles a few years ago. What I loved most is that it showcased that financial activity can have real outcomes- once you enabled price stability with derivatives you unlocked a new product at scale. There was a market waiting to be opened, you just needed someone to connect the dots. Definitely makes you think how many unconnected dots exist out there right now
Great points! One example I recall is Southwest retaining it's low prices and bags fly free policy thanks their oil hedging efforts https://southwest50.com/our-stories/the-southwest-jet-fuel-hedge-strategy/
GAME&WATCH🫡
Loved this story. Read it on Principles a few years ago. What I loved most is that it showcased that financial activity can have real outcomes- once you enabled price stability with derivatives you unlocked a new product at scale. There was a market waiting to be opened, you just needed someone to connect the dots. Definitely makes you think how many unconnected dots exist out there right now
fascinating story!