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The Market Huddle
MH+ Ep.30 Not Important Enough To Fire (guest: Derek Wallis)
Mar 6, 2024
Former Wall Street trader Derek Wallis shares hilarious stories and insights, from market bubbles to mentorship and supporting military veterans through jiu jitsu. He also discusses the importance of mentor figures in finance and future plans in consulting and fund startups.
42:56
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Quick takeaways
- Transition from trader to mentor emphasizing generational advice and support for veterans.
- Involvement with We Defy Foundation for training veterans in martial arts to build community and raise funds.
Deep dives
Derek Wallace's Journey on Wall Street
Derek Wallace, a former Soros trader, shares his fascinating journey from backpacker to landing a temporary position on the Soros trading desk in the late 90s. Despite starting with no knowledge of finance, he ended up spending 13 years on Wall Street, reflecting on the highs and challenges of his time at Soros and later founding an investment fund before moving on to start a registered investment advisory firm in Connecticut.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode