The Meb Faber Show - Better Investing

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


Listen Later

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. 

In today’s episode, we start with John’s 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.

Then 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’s tackling around public finance, election reform and health care, and hear what has surprised and frustrated him along the way.

-----

Follow Meb on Twitter, LinkedIn and YouTube

Check out Meb's Deals for discounts from a lot of companies

For detailed show notes, click here

To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com

-----

This episode is sponsored by Masterworks. Masterworks is opening the doors to top-tier, blue-chip art investments to everyone. Visit masterworks.io/meb to skip their wait list.

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

The Meb Faber Show - Better InvestingBy The Idea Farm

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

904 ratings


More shows like The Meb Faber Show - Better Investing

View all
Masters in Business by Bloomberg

Masters in Business

2,160 Listeners

Top Traders Unplugged by Niels Kaastrup-Larsen

Top Traders Unplugged

582 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,065 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,289 Listeners

Grant’s Current Yield Podcast by Grant's Interest Rate Observer

Grant’s Current Yield Podcast

664 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

797 Listeners

Superinvestors and the Art of Worldly Wisdom by Jesse Felder

Superinvestors and the Art of Worldly Wisdom

416 Listeners

Animal Spirits Podcast by The Compound

Animal Spirits Podcast

2,002 Listeners

The Market Huddle by Patrick Ceresna & Kevin Muir

The Market Huddle

362 Listeners

The Acquirers Podcast by Tobias Carlisle

The Acquirers Podcast

301 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,070 Listeners

Excess Returns by Excess Returns

Excess Returns

66 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

402 Listeners

Forward Guidance by Blockworks

Forward Guidance

272 Listeners

Monetary Matters with Jack Farley by Jack Farley

Monetary Matters with Jack Farley

92 Listeners