

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