Jamie Loftus
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah.
He gave away 50% of his income to his favorite charities, but those charities were mostly the Center for Effective Altruism and $80,000, which is also an effective altruism charity.
That's a great question, Jamie.
It allows guys like McCaskill to live very well while also saying they only take $30,000 in salaries and give away the rest because their lives are heavily subsidized by these organizations that allow billionaires to pretend to be heroes.
So like charity.
Yeah.
Yeah.
So he remains there happily for years until 2017 when he begins to feel as if something is not right.
Now, spoilers.
He is having a quarter life crisis.
And this kid absolutely is a con artist.
And what I am giving you is the polished press friendly version of the story for a guy whose entire life, as far as I can tell, was one long setup for an ambitious con.
So when I say stuff like he gave a lot of money to charity because there's like other charities he gives to some of which sound like
but I have actually no evidence that he did.
Like, I have no evidence that he did, and I haven't seen it.
Oh, okay, one of those.
So when I say stuff like he felt like that, or when I say stuff like he felt unfulfilled at Jane Street, that doesn't mean he actually did, because we are at present reliant on a lot of reporting from back when this kid was the toast of Wall Street.
Now, after his life fell apart and his company crashed and it became clear that he was a financial criminal, it also came out that the guy who wrote the big short has been following him for six months.
So...
I suspect at some point that's going to be fun.