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#127 – Sam Bankman-Fried on taking a high-risk approach to crypto and doing good
80,000 Hours Podcast
Investing in the Stock Markets, Right?
The first five billion dollars go to v c firms in any company for it goes public. There's no way that an individual trader could add real information to its market and like make money as a result. So, yiu think it' sort of like sectioning off a lot of the like, most valuable investment opportunities for most people. And i think is also the case that, like, you take a few steps more sophisticates,. A small trading firm such as our would be willing to spend 50 million dollars of expenses per year to get the conactivity you need to have real market access.
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