#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...

Avsnitt(320)

#124 Classic episode – Karen Levy on fads and misaligned incentives in global development, and scaling deworming to reach hundreds of millions

#124 Classic episode – Karen Levy on fads and misaligned incentives in global development, and scaling deworming to reach hundreds of millions

If someone said a global health and development programme was sustainable, participatory, and holistic, you'd have to guess that they were saying something positive. But according to today's guest Kar...

7 Feb 20253h 10min

If digital minds could suffer, how would we ever know? (Article)

If digital minds could suffer, how would we ever know? (Article)

“I want everyone to understand that I am, in fact, a person.” Those words were produced by the AI model LaMDA as a reply to Blake Lemoine in 2022. Based on the Google engineer’s interactions with the ...

4 Feb 20251h 14min

#132 Classic episode – Nova DasSarma on why information security may be critical to the safe development of AI systems

#132 Classic episode – Nova DasSarma on why information security may be critical to the safe development of AI systems

If a business has spent $100 million developing a product, it’s a fair bet that they don’t want it stolen in two seconds and uploaded to the web where anyone can use it for free.This problem exists in...

31 Jan 20252h 41min

#138 Classic episode – Sharon Hewitt Rawlette on why pleasure and pain are the only things that intrinsically matter

#138 Classic episode – Sharon Hewitt Rawlette on why pleasure and pain are the only things that intrinsically matter

What in the world is intrinsically good — good in itself even if it has no other effects? Over the millennia, people have offered many answers: joy, justice, equality, accomplishment, loving god, wisd...

22 Jan 20252h 25min

#134 Classic episode – Ian Morris on what big-picture history teaches us

#134 Classic episode – Ian Morris on what big-picture history teaches us

Wind back 1,000 years and the moral landscape looks very different to today. Most farming societies thought slavery was natural and unobjectionable, premarital sex was an abomination, women should obe...

15 Jan 20253h 40min

#140 Classic episode – Bear Braumoeller on the case that war isn’t in decline

#140 Classic episode – Bear Braumoeller on the case that war isn’t in decline

Is war in long-term decline? Steven Pinker's The Better Angels of Our Nature brought this previously obscure academic question to the centre of public debate, and pointed to rates of death in war to a...

8 Jan 20252h 48min

2024 Highlightapalooza! (The best of The 80,000 Hours Podcast this year)

2024 Highlightapalooza! (The best of The 80,000 Hours Podcast this year)

"A shameless recycling of existing content to drive additional audience engagement on the cheap… or the single best, most valuable, and most insight-dense episode we put out in the entire year, depend...

27 Dec 20242h 50min

#211 – Sam Bowman on why housing still isn't fixed and what would actually work

#211 – Sam Bowman on why housing still isn't fixed and what would actually work

Rich countries seem to find it harder and harder to do anything that creates some losers. People who don’t want houses, offices, power stations, trains, subway stations (or whatever) built in their ar...

19 Dec 20243h 25min

Populärt inom Utbildning

rss-bara-en-till-om-missbruk-medberoende-2
historiepodden-se
det-skaver
nu-blir-det-historia
harrisons-dramatiska-historia
rss-viktmedicinpodden
johannes-hansen-podcast
not-fanny-anymore
alska-oss
allt-du-velat-veta
roda-vita-rosen
rss-sjalsligt-avkladd
sektledare
sa-in-i-sjalen
i-vantan-pa-katastrofen
rss-beratta-alltid-det-har
rss-max-tant-med-max-villman
rss-basta-livet
dumforklarat
psykologsnack