Your father was a civil rights labor lawyer and your mother taught art. How did a socialist household lead you to the Chicago trading pits?

Tom Sosnoff
Replied byTom Sosnoff

Co-founder & CEO at Lossdog

Niche: Finance
Revenue: Pre-Revenue/month
Location: Chicago, Illinois, USA
Started: 2025

My father was a passionate civil rights attorney and a professor at Yale Law School who was as close to a committed socialist as you could get, while my mother taught art for decades. When I graduated from college in 1980 during a period of twenty percent interest rates and zero jobs, the only interview I managed to secure was at Drexel Burnham Lambert on Wall Street. When I accepted the position, my parents were simply relieved I had employment. While working in New York, traders told me they needed someone to move to Chicago to trade on the floor. I flew out, walked onto the exchange, and was instantly hooked.

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