TIP435: Why the Youngest Billionaire Walked Away from Wall Street w/ John Arnold & Michael Faye

IN THIS EPISODE, YOU'LL LEARN:02:57 - John's relationship with money and experience with philanthropy.07:48 - John's experience as an early employee at Enron, becoming the head of their natural gas trading desk. His early career that led him to become the youngest billionaire in the US in 2007.15:48 - John's journey in founding his own hedge fund. 51:17 - What led Michael to cofound GiveDirectly. 52:44 - How GiveDirectly operates and why it’s important to start your own philanthropy efforts today.And a whole lot more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCES:ArnoldVentures.org.AccelerateCharitableGiving.org.John on Elon's recent $5.7B DAF contribution.GiveDirectly.org/WSB - listeners get their first gift to people in extreme poverty matched up to $1000Michael's op-ed on Foundations / DAFs.John Arnold’s Twitter. Michael Faye’s Twitter.Arnold Ventures’ Twitter.Give Directly’s Twitter.Trey Lockerbie Twitter.Preston, Trey & Stig’s tool for picking stock winners and managing our portfolios: TIP Finance Tool.New to the show? Check out our We Study Billionaires Starter Packs.Invest in the $1.7 trillion art market with Masterworks.io. Use promocode WSB to skip the waitlist.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Get access to some of the most sought-after real estate in the U.S. with Crowdstreet.Take advantage of a free mortgage review and learn about custom loans that can save you big money with American Financing.Find joy in comfort with Faherty. Use promo code WSB to snag 20% off all your new spring staples!If you’re a sales professional, get every real-time advantage you can get with Sales Navigator. Enjoy 60 days of free trial today.Protect your online activity TODAY with ExpressVPN, the VPN rated #1 by CNET and Wired, and get an extra 3 months FREE on a one-year package.Send, spend and receive money around the world easily with Wise.Yieldstreet allows you to invest beyond the stock market with an evolving marketplace of alternative investments. Create your account today.Get in early on medical technology, breakthroughs in ag tech and food production, solutions in the multi-billion dollar robotic industry, and so much more with a FREE OurCrowd account. Open yours today.Canada’s #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.Reclaim your health and arm your immune system with convenient, daily nutrition. Athletic Greens is going to give you a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase.The interval fund, a breakthrough innovation. Only at Mackenzie.Live local in Melbourne and enjoy $0 Stamp Duty*!Gain the skills you need to move your career a level up when you enroll in a Swinburne Online Business Degree. Search Swinburne Online today.Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

by We Study Billionaires - The Investor’s Podcast Network