Quote
"Once I make $15 million, if I’m still trading, punch me in the face."
J
John D. ArnoldJohn D. Arnold
John D. Arnold
John Douglas Arnold is an American billionaire. In 2007, Arnold became the youngest billionaire in the U.S. His firm, Centaurus Advisors, LLC, was a Houston-based hedge fund specializing in trading energy products that closed in 2012. He now focuses on philanthropy through Arnold Ventures LLC. Arnold is a board member of Breakthrough Energy and since February 2024, is a member of the board of dire
"Once I make $15 million, if I’m still trading, punch me in the face."
"John understood perfectly well that at a certain point it makes a lot more sense to spend money doing the things you love than to simply earn more money—but his numerical target kept shifting. He didn’t quit when he’d amassed $15 million. He was trading so well that the $15 million became $25 million, which eventually became $100 million, and so on. When you’re on a winning streak that big, it’s hard to stop, even when your rational mind tells you that you should."