John Arnold Why The Greatest Natural Gas Trader Walked Away To Pursue Philanthropy | #386

Published: Jan. 26, 2022, 6 p.m.

In episode 386, we welcome our guest, John Arnold, arguably the best natural gas trader of all-time and now one of the largest philanthropists in the US, giving away almost half a billion dollars a year.\xa0\nIn today\u2019s episode, we start with John\u2019s rapid rise at Enron and later launching his own fund, Centaurus Advisors, which posted eye-popping returns and led him to become the youngest billionaire in the US in 2007. We talk about the mindset that helped him become a successful trader, and even touch on the time he took the other side of Amaranth Advisors in a famous trade.\nThen we hear why, before the age of 40, he decided to wind down his fund, focus solely on philanthropy, and commit to giving away most of his fortune during his lifetime. We talk about some of the problems he\u2019s tackling around public finance, election reform and health care, and hear what has surprised and frustrated him along the way.\n-----\nFollow Meb on Twitter, LinkedIn and YouTube\nCheck out Meb's Deals for discounts from a lot of companies\nFor detailed show notes, click here\nTo learn more about our funds and follow us, subscribe to our\xa0mailing list\xa0or visit us at cambriainvestments.com\n-----\nThis episode is sponsored by\xa0Masterworks. Masterworks is opening the doors to top-tier, blue-chip art investments to everyone. Visit masterworks.io/meb to skip their wait list.\nLearn more about your ad choices. Visit megaphone.fm/adchoices