#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...

Episoder(324)

#87 – Russ Roberts on whether it's more effective to help strangers, or people you know

#87 – Russ Roberts on whether it's more effective to help strangers, or people you know

If you want to make the world a better place, would it be better to help your niece with her SATs, or try to join the State Department to lower the risk that the US and China go to war? People involve...

3 Nov 20201h 49min

How much does a vote matter? (Article)

How much does a vote matter? (Article)

Today’s release is the latest in our series of audio versions of our articles.In this one — How much does a vote matter? — I investigate the two key things that determine the impact of your vote: • ...

29 Okt 202031min

#86 – Hilary Greaves on Pascal's mugging, strong longtermism, and whether existing can be good for us

#86 – Hilary Greaves on Pascal's mugging, strong longtermism, and whether existing can be good for us

Had World War 1 never happened, you might never have existed. It’s very unlikely that the exact chain of events that led to your conception would have happened otherwise — so perhaps you wouldn't have...

21 Okt 20202h 24min

Benjamin Todd on the core of effective altruism and how to argue for it (80k team chat #3)

Benjamin Todd on the core of effective altruism and how to argue for it (80k team chat #3)

Today’s episode is the latest conversation between Arden Koehler, and our CEO, Ben Todd. Ben’s been thinking a lot about effective altruism recently, including what it really is, how it's framed, an...

22 Sep 20201h 24min

Ideas for high impact careers beyond our priority paths (Article)

Ideas for high impact careers beyond our priority paths (Article)

Today’s release is the latest in our series of audio versions of our articles. In this one, we go through some more career options beyond our priority paths that seem promising to us for positively ...

7 Sep 202027min

Benjamin Todd on varieties of longtermism and things 80,000 Hours might be getting wrong (80k team chat #2)

Benjamin Todd on varieties of longtermism and things 80,000 Hours might be getting wrong (80k team chat #2)

Today’s bonus episode is a conversation between Arden Koehler, and our CEO, Ben Todd. Ben’s been doing a bunch of research recently, and we thought it’d be interesting to hear about how he’s current...

1 Sep 202057min

Global issues beyond 80,000 Hours’ current priorities (Article)

Global issues beyond 80,000 Hours’ current priorities (Article)

Today’s release is the latest in our series of audio versions of our articles. In this one, we go through 30 global issues beyond the ones we usually prioritize most highly in our work, and that you...

28 Aug 202032min

#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 Aug 20202h 8min

Populært innen Fakta

fastlegen
dine-penger-pengeradet
relasjonspodden-med-dora-thorhallsdottir-kjersti-idem
treningspodden
rss-strid-de-norske-borgerkrigene
foreldreradet
rss-sunn-okonomi
jakt-og-fiskepodden
hverdagspsyken
sinnsyn
merry-quizmas
gravid-uke-for-uke
tomprat-med-gunnar-tjomlid
rss-kunsten-a-leve
smart-forklart
takk-og-lov-med-anine-kierulf
fryktlos
rss-impressions-2
hagespiren-podcast
rss-kull