Jamie Loftus

I don't know.

So again, he spent years working in finance.

He's got plenty of money.

He came from the Bay Area.

So five was an option and it's one he took.

And by the way, like as a general rule, if you decide to quit your job and you have the financial ability to putter around for a month or two and think things through, not a bad idea.

But Sam is going to do this in the worst way possible.

He eventually hits upon...

his great next idea which is to make a shitload of money in crypto now when he quits jane street is 2017 and if you guys can remember back that far that's the first big winter when cryptocurrency boomed like kind of all throughout the last quarter or so of 2017 bitcoin was just sailing up like massive rises ether had a big rise to this kind of went around so young

Early 2018.

A lot of Bitcoin nerds who people have been making fun of for years became overnight multimillionaires.

And this was kind of the first point at which normal people started to think, shit, maybe I should get into this.

Maybe I can make a lot of money.

Right.

This is this is the thing that blew up Bitcoin.

And there was a crash after this, but it recovered.

Yada, yada, yada.

Sam was savvy enough to look at this and know that these moments where this thing where a lot of funny money is on the table, but there's no regulation and regular people have started to get interested because they think they might get rich.

This is the point at which an unethical person can make the absolute most money in a financial market, right?

And you can be unethical.