John Arnold with Dr. Peter Attia — The Greatest Energy Trader of All Time on Lessons Learned, Walking Away from Wall Street, and Reinventing Philanthropy (#818)
Description

In this special episode, my friend—and fan-favorite guest—Dr. Peter Attia takes the mic as guest host. Peter sits down with legendary trader John Arnold, widely considered the greatest energy trader of all time. Today, through his foundation Arnold Ventures, John applies the same rigorous thinking to some of America’s toughest social challenges—criminal justice reform, healthcare policy, and K–12 education, to name just a few.
This interview originally aired on Peter’s excellent podcast The Drive. You can check it out at PeterAttiaMD.com, or subscribe to The Drive wherever you get your podcasts.
Please enjoy!
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What was your favorite quote or lesson from this episode? Please let me know in the comments.
Timestamps (Credit to Peter Attia’s team)
[00:00:00 ] Start.
[00:05:37 ] Peter Attia’s intro: who is John Arnold?
[00:08:38 ] John’s background, upbringing, and early entrepreneurial tendencies.
[00:21:16 ] John’s time and rise at Enron.
[00:33:40 ] Characteristics that made John an exceptional natural gas trader and how they translate to his philanthropic work.
[00:41:10 ] The collapse of Enron.
[00:46:46 ] The success of John’s hedge fund, and his early interest in philanthropy.
[01:02:03 ] The infamous 2006 trade that brought down Amaranth Advisors.
[01:08:28 ] John’s analytical prowess and emphasis on fundamentals.
[01:15:13 ] The decision to become a full-time philanthropist and the founding of Arnold Ventures.
[01:25:03 ] Education — John’s quest to fundamentally change K-12 education.
[01:30:36 ] Strategic philanthropy — preventing problems