John henry age

Born in Quincy, Illinois, in 1949, Henry spent most of his childhood in Forrest City, Arkansas, where his father owned some farms. When John was 25, his father died and he took over his family?s farm and taught himself hedging techniques. He began speculating in corn, wheat, and soybeans, He eventually became a commodity trading adviser. Henry says he has an ability to read between the lines. Discerning which sets of information have relevance to the future is very difficult and requires an ability to see beyond the pure numbers. He gives the example of raw diamonds going up in price for 25 consecutive years from 1955 to 1980. In New York City, everyone believed diamond prices could not go down. Diamond traders stopped doing business to some extent because they were making so much money just on their inventory appreciation. Similarly at this time, he says, he owned farmland in the Midwest. Everyone believed prices of farmland could never o down, and many of the farmers he know believe they had to purchase land at prices and interest rates that made kit impossible to make money. In

•