BROADCASTS.com

John Arnold is widely regarded as the greatest natural gas trader of all time, but in his late 30\u2019s he walked away from it all and turned full-time philanthropist. He and his wife have committed to\xa0strategically\xa0give away most of their vast fortune in their lifetime and are already doing so at a staggering pace of nearly a half billion dollars a year. In this episode, John explains his quest to\xa0address\xa0the\xa0most challenging\xa0social programs plaguing the country, including\xa0criminal justice, health care policy, and K-12 education. John also\xa0shares self-identified attributes that\xa0contributed to his success in\xa0natural gas trading and how those same traits\xa0have translated to\xa0his\xa0philanthropic\xa0aspirations.

We discuss:

• John\u2019s background, upbringing, and early entrepreneurial tendencies [3:50];
• John\u2019s time\xa0and rise\xa0at Enron\xa0[16:45];
• Characteristics\xa0that made John an exceptional natural gas trader\xa0and how they translate to his philanthropic work\xa0[27:30];
• The collapse of Enron [35:00];
• The\xa0success of John\u2019s hedge fund, and his early interest in philanthropy [40:30];
• The infamous 2006 trade that brought down Amaranth Advisors [55:45];
• John\u2019s analytical prowess and\xa0emphasis\xa0on fundamentals [1:02:15];
• The decision to become a full-time philanthropist and the founding of Arnold Ventures [1:09:00];
• Education\u2014John\u2019s quest to fundamentally change K-12 education [1:18:45];
• Strategic philanthropy\u2014preventing problems by attacking root causes and creating structural change [1:24:30];
• The criminal justice system\u2014structural changes needed to\xa0address\xa0mass incarceration, policing practices, and recidivism [1:31:45];
• Re-imagining prisons to reduce recidivism [1:49:00];
• US health care policy\u2014John\u2019s focus on\xa0drug prices, and the severe consequences of not making\xa0system\xa0changes [1:56:15];
• Climate change\u2014the bipartisan role of John\u2019s foundation [2:13:45];
• Advice for young adults interested in philanthropy [2:17:45]; and
• More

Learn more:\xa0https://peterattiamd.com/

Show notes page for this episode: https://peterattiamd.com/JohnArnold

Subscribe to receive exclusive subscriber-only content:\xa0https://peterattiamd.com/subscribe/

Sign up to receive Peter's email newsletter:\xa0https://peterattiamd.com/newsletter/

Connect with Peter on Facebook | Twitter | Instagram.