Brett Harrison: belief

Transcript context

…Yeah. What is the social consequence, for lack of a better word, of having a bunch of young, nerdy people, often male, often single, having this extraordinary level of wealth? What impact does it have? I don't know if society is the right word, but what is the broader impact of that class of people? I think we'll have to play this out over the next decade or two to really see where this goes. If I'm going to be an optimist about this, I'd like to think that when it was like older, single or married males hoarding a large amount of wealth that for the most part, they kept it to themselves and kind of waited until later in life to do anything with it, and were the kind of people who really, like, saved their same career their whole lives, as opposed to if younger and younger generations are amassing wealth through what they can actually perform with their skills, then I think that hopefully injects more Dynamism into the distribution of that wealth later on because those millennials within like or Gen Z or whoever will go on to found new companies, and maybe they'll be able to see the company themselves, their own money, and have a lot easier time, like bringing, like, interesting new things to market. Or they'll be able to donate to, like, really interesting causes, or they'll be able to, you know, help out their friends and family more easily from a young age. Or they'll be more selective in the kinds of things that they give to or contribute to that don't just involve getting their name on, like, a building of a school or something. Yeah, that's a very optimistic story. I hope that's the way it plays out. So tell me about the psychology of being a quant or a trader or a developer in that space, because you're responsible. Like, one wrong piece stroke and you've lost millions of dollars, one bug in your code. And there are historical cases of this where entire firms go down because of a bug. What is the sort of day to day psychological impact of that kind of responsibility?…

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