American Consequences - March 2021

the underdogs of the world to take on the Goliaths makes for good lessons learned and even better press. And certainly, it’s interesting sport when you look at how the marauders thump their public chests in the chat rooms. Good, bad, or “meh” may describe the long-lasting impact and effect of this quasi discipline of trading. I only wish they were around and targeted the American Motors and National Lampoon stock that were 1987 deadweight in my account. Rooting for the underdogs of the world to take on the Goliaths makes for good lessons learned and even better press. Jay Caauwe is a well-traveled Chicagoan that still resides within three blocks of where he was born. Before cofounding Supercritical LLC, a cannabis and hemp advisory and management solutions firm, Jay was drawn by the allure of open outcry, beginning at the Chicago Board of Trade in 1983. Working through the ranks, he became a floor trader at CME Group in 1987, trading stock index futures and options. He left the trading floor in 2004 to join the Chicago Board Options Exchange, where he oversaw the exchange’s global business development effort for the CBOE’s futures products based on the VIX Index.

American Consequences

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