This book tells two stories: Irwin's personal story of his career at Commodities Corporation and the company's great success after its initial setbacks. For much of his twelve-year career at Commodities Corporation, the stories were interrelated. Irwin experienced the classic syndrome known as "The Peter Principle" where he rose to the point where the job became too complex to handle. Commodities Corporation went through a similar experience where it ran into trouble following its uncontrolled expansion. We get an insider view of what is needed to succeed as a futures trader and share in the personal experience of an up-and-down career.
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After receiving his degree in accounting from Brooklyn College and working in public accounting, Irwin decided to move into the private sector where he was employed by a sugar trading firm while earning an MBA at New York University. This eventually led to a position as controller for a cocoa and coffee trading firm, reinforcing his expertise in the futures business. After working as a financial consultant in Israel for nearly two years, he returned to another position in New York City before being hired by Commodities Corporation. He was at the right place at the right time but had to produce under stressful conditions.
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