Author Topic: 19 months as a junior trader, then a CEO borrowing $10B  (Read 589 times)

Chris Pascale

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19 months as a junior trader, then a CEO borrowing $10B
« on: November 21, 2022, 10:40:14 AM »
https://finance.yahoo.com/m/f5a3ff38-de12-31ad-a38e-1e7c8ee00b0d/how-caroline-ellison-found.html

Looking at her Wikipedia, I see both her parents were MIT professors, and she got a math degree in 2016 from Stanford.

All looking good so far.

Then she was a junior trader for 1.5 years while popping pills, which helped her see "how boring normal life is." https://nypost.com/2022/11/15/crypto-ceo-caroline-ellison-tweeted-about-regular-amphetamine-use/

In the quest to not live a boring life, she borrowed $10B, which, somehow, had a downside.

StarBright

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Re: 19 months as a junior trader, then a CEO borrowing $10B
« Reply #1 on: November 21, 2022, 10:55:25 AM »
My first thought was that she probably meant ADHD meds and I was going to be furious if the article didn't mention it - but the article did!  But BOO NY POST for such an awful clickbait headline and implying something else.

For people with ADHD Adderall (an amphetimine) is comparable to a cup a coffee.

And folks with ADHD are statistically likely to have impulse control issues, so super smart junior trader to borrowing 10B, to full blown crypto meltdown honestly tracks for me.

 
« Last Edit: November 21, 2022, 10:57:39 AM by StarBright »

Chris Pascale

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Re: 19 months as a junior trader, then a CEO borrowing $10B
« Reply #2 on: November 21, 2022, 11:17:46 AM »
My first thought was that she probably meant ADHD meds and I was going to be furious if the article didn't mention it - but the article did!  But BOO NY POST for such an awful clickbait headline and implying something else.

For people with ADHD Adderall (an amphetimine) is comparable to a cup a coffee.

And folks with ADHD are statistically likely to have impulse control issues, so super smart junior trader to borrowing 10B, to full blown crypto meltdown honestly tracks for me.

I like your very thoughtful take on this.

A terrific docu you might like is "Take Your Pills" on Netflix.

One of my kids said that taking the meds was like she was walking up a cloud-filled mountain, and suddenly the mist parted and she could see the summit. After a few months she decided to go off of them, figuring she could always go back on them later.