80,000 Hours Podcast

#5 - Alex Gordon-Brown on how to donate millions in your 20s working in quantitative trading

Aug 28, 2017
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1
Introduction
00:00 • 2min
2
Quant Trading
02:12 • 2min
3
Is It Fair to Say That's a Subdued Industry?
03:44 • 2min
4
What Are the Risks for a Quantitative Trading Firm?
05:44 • 2min
5
Does It Change the Culture of a Private Partnership?
07:47 • 2min
6
Do You Keep Track of How Much Money Each Individual Trader Is Making?
09:47 • 2min
7
How to Track People's Performance?
11:50 • 2min
8
What's the First Thing You'll Be Doing?
13:53 • 3min
9
Are You Looking for Markets That Are Out of Whack?
16:42 • 2min
10
How Much Human Judgment Is Involved in Quantitative Trading?
19:08 • 2min
11
Do You Make Money on All of Your Trades?
20:43 • 2min
12
Is the Financial Markets a Mathematical Puzzle?
22:36 • 2min
13
What Kind of Trading Roles Are There?
25:06 • 2min
14
The Life Cycle of a High Frequency Trade?
26:52 • 3min
15
Do You Enjoy the Work?
29:23 • 3min
16
Do You Like Solving Puzzles?
32:00 • 2min
17
The Culture of Quant Trading
34:21 • 3min
18
Is There a Reward for Being Overconfident?
36:56 • 2min
19
Are You Trying to Quantify the Assumptions That You're Making?
39:19 • 2min
20
Is It a Very Secretive Industry?
41:12 • 2min
21
Do You Think Quantitative Trading Is Useful for the World?
42:50 • 2min
22
What's the Service That You're Actually Providing?
44:50 • 2min
23
Market Making
46:37 • 4min
24
The Benefits of Having a Functioning Stock Market Full Stop
50:49 • 2min
25
How to Buy Shares in the Stock Market
53:02 • 2min
26
Is Liquidity Really Important?
55:09 • 3min
27
The Most Valuable Place to Be Providing Liquidity Making Services
58:00 • 2min
28
Is It a Zero Sum Game?
59:32 • 2min
29
80,000 Hours
01:02:01 • 2min
30
Quantitative Trading
01:03:51 • 3min
31
Are You Okay if You Go to a Second Tier University?
01:06:55 • 3min
32
How Many People Apply for a Job?
01:09:39 • 2min
33
Quant Trading - What You Should Know Before You Apply
01:11:19 • 2min
34
How Can I Apply for a Quantitative Trading Firm?
01:13:44 • 2min
35
Is There a Standardized Test?
01:15:22 • 3min
36
Is That a Good Sign?
01:18:23 • 2min
37
Is Quant Finance the Right High Impact Option?
01:19:59 • 4min
38
Quant Trading
01:23:42 • 2min
39
What Other Jobs Did You Consider After Graduation?
01:25:19 • 4min
40
What Kinds of Things Do You Donate to and How Do You Decide What to Give?
01:29:41 • 2min
41
The Impact of Altruism on People's Wellbeing
01:31:20 • 2min
42
Are Your Colleagues Increasing Their Donations?
01:33:18 • 2min
43
Is It Harder to Work at a Firm That You Don't Work At?
01:35:19 • 2min
44
Are You Bored of Your Work?
01:37:22 • 3min
45
Are You Going to Leave Quant Trading Anytime Soon?
01:39:59 • 2min
46
Is Competition Eating Into Industry Profits?
01:41:52 • 4min