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

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

Quantitative financial trading is one of the highest paying parts of the world’s highest paying industry. 25 to 30 year olds with outstanding maths skills can earn millions a year in an obscure set of ‘quant trading’ firms, where they program computers with predefined algorithms to allow them to trade very quickly and effectively.

Update: we're headhunting people for quant trading roles

Want to be kept up to date about particularly promising roles we're aware of for earning to give in quantitative finance?

Get notified by letting us know here.

This makes it an attractive place to work for people who want to ‘earn to give’, and we know several people who are able to donate over a million dollars a year to effective charities by working in quant trading. Who are these people? What is the job like? And is there a risk that their work harms the world in other ways?

Apply for personalised coaching, see what questions are asked when, and read extra resources to learn more.

I spoke at length with Alexander Gordon-Brown, who has worked as a quant trader in London for the last three and a half years and donated hundreds of thousands of pounds. We covered:

* What quant traders do and how much they earn.
* Whether their work is beneficial or harmful for the world.
* How to figure out if you’re a good personal fit for quant trading, and if so how to break into the industry.
* Whether he enjoys the work and finds it motivating, and what other careers he considered.
* What variety of positions are on offer, and what the culture is like in different firms.
* How he decides where to donate, and whether he has persuaded his colleagues to join him.

Want to earn to give for effective charities in quantitative trading? We want to help.

We’ve helped dozens of people plan their earning to give careers, and put them in touch with mentors. If you want to work in quant trading, apply for our free coaching service.

APPLY FOR COACHING

What questions are asked when?

1m30s - What is quant trading and how much do they earn?
4m45s - How do quant trading firms manage the risks they face and avoid bankruptcy?
7m05s - Do other traders also donate to charity and has Alex convinced them?
9m45s - How do they track the performance of each trader?
13m00s - What does the daily schedule of a quant trader look like? What do you do in the morning, afternoon, etc?
More...

Jaksot(325)

#85 - Mark Lynas on climate change, societal collapse & nuclear energy

#85 - Mark Lynas on climate change, societal collapse & nuclear energy

A golf-ball sized lump of uranium can deliver more than enough power to cover all of your lifetime energy use. To get the same energy from coal, you’d need 3,200 tonnes of black rock — a mass equivale...

20 Elo 20202h 8min

#84 – Shruti Rajagopalan on what India did to stop COVID-19 and how well it worked

#84 – Shruti Rajagopalan on what India did to stop COVID-19 and how well it worked

When COVID-19 struck the US, everyone was told that hand sanitizer needed to be saved for healthcare professionals, so they should just wash their hands instead. But in India, many homes lack reliable...

13 Elo 20202h 58min

#83 - Jennifer Doleac on preventing crime without police and prisons

#83 - Jennifer Doleac on preventing crime without police and prisons

The killing of George Floyd has prompted a great deal of debate over whether the US should reduce the size of its police departments. The research literature suggests that the presence of police offic...

31 Heinä 20202h 23min

#82 – James Forman Jr on reducing the cruelty of the US criminal legal system

#82 – James Forman Jr on reducing the cruelty of the US criminal legal system

No democracy has ever incarcerated as many people as the United States. To get its incarceration rate down to the global average, the US would have to release 3 in 4 people in its prisons today.  The ...

27 Heinä 20201h 28min

#81 - Ben Garfinkel on scrutinising classic AI risk arguments

#81 - Ben Garfinkel on scrutinising classic AI risk arguments

80,000 Hours, along with many other members of the effective altruism movement, has argued that helping to positively shape the development of artificial intelligence may be one of the best ways to ha...

9 Heinä 20202h 38min

Advice on how to read our advice (Article)

Advice on how to read our advice (Article)

This is the fourth release in our new series of audio articles. If you want to read the original article or check out the links within it, you can find them here. "We’ve found that readers sometimes...

29 Kesä 202015min

#80 – Stuart Russell on why our approach to AI is broken and how to fix it

#80 – Stuart Russell on why our approach to AI is broken and how to fix it

Stuart Russell, Professor at UC Berkeley and co-author of the most popular AI textbook, thinks the way we approach machine learning today is fundamentally flawed. In his new book, Human Compatible, he...

22 Kesä 20202h 13min

What anonymous contributors think about important life and career questions (Article)

What anonymous contributors think about important life and career questions (Article)

Today we’re launching the final entry of our ‘anonymous answers' series on the website. It features answers to 23 different questions including “How have you seen talented people fail in their work?...

5 Kesä 202037min

Suosittua kategoriassa Koulutus

rss-murhan-anatomia
voi-hyvin-meditaatiot-2
rss-narsisti
adhd-podi
psykopodiaa-podcast
rss-rahamania
rss-uskonto-on-tylsaa
rss-valo-minussa-2
mielipaivakirja
rss-vapaudu-voimaasi
rss-niinku-asia-on
rss-duodecim-lehti
rahapuhetta
ilona-rauhala
aamukahvilla
aloita-meditaatio
kesken
dear-ladies
rss-eron-alkemiaa
rss-arkea-ja-aurinkoa-podcast-espanjasta