Turns Out Meme Stocks Have Basically Been Around Since 600 B.C.

The first-ever options trader discovered a key insight about the nature of risk — and how to profit from it

Thales of Miletus (640–546 BC), the philosopher, astronomer and geometer who identified water as the original substance and basis of the universe. Original Artwork: Engraving by Ambrose Tardieu, Photo: Hulton Archive/Getty Images)