"Thales of Miletus (c. 624 BC – c. 546 BC) was a pre-Socratic Greek philosopher from Miletus in Asia Minor, and one of the Seven Sages of Greece. Many, most notably Aristotle, regard him as the first philosopher in the Greek tradition".
"Several anecdotes suggest that Thales was not solely a thinker; he was involved in business and politics. One story recounts that he bought all the olive presses in Miletus after predicting the weather and a good harvest for a particular year. Another version of this same story states that he bought options for the use of the presses not to become wealthy, but merely to demonstrate to his fellow Milesians that he could use his intelligence to enrich himself. This can be considered the first known example of options trading". Wikipedia
"All these methods are serviceable for those who value wealth-getting, for example the plan of Thales of Miletus, which is a device for the business of getting wealth, but which, though it is attributed to him because of his wisdom, is really of universal application. Thales, so the story goes, because of his poverty was taunted with the uselessness of philosophy; but from his knowledge of astronomy he had observed while it was still winter that there was going to be a large crop of olives, so he raised a small sum of money and paid round deposits for the whole of the olive-presses in Miletus and Chios, which he hired at a low rent as nobody was running him up; and when the season arrived, there was a sudden demand for a number of presses at the same time, and by letting them out on what terms he liked he realized a large sum of money, so proving that it is easy for philosophers to be rich if they choose, but this is not what they care about." Aristotele, Politics 1259a
