Hello and welcome. You are listening to Patrick Boyle on Finance, a podcast exploring ideas from quantitative finance, examining events occurring in markets right now and financial history to see what lessons can be taken away, including interviews with some of the most interesting people in the world of finance. To learn more about the podcast, visit onfinance.org.

Do you ever see those Forbes 30 under 30 lists and they might make you feel a bit down,

as there seems to be at least 30 people on the planet who are under the age of 30 and

doing a bit better than you are.

Well, don't feel too bad because maybe you would have been number 31 on the list.

That's just the cruelty of cutting it off at 30.

The people on the list though, the ones who did make it, they probably just have more promising

careers than you do. They'll have garages with Lamborghinis and books while you keep all

of your books in your house because that's what you thought you were supposed to do.

One reason not to feel so bad is that as you dig back through some of the old 30 under 30

lists, you'll start to notice a bit of a pattern.

A lot of the winners, in fact often the ones that seemed most impressive at the time, seemed

to end up going to prison, which probably wasn't their goal.

Who knows, maybe they went on to become hugely

successful prisoners, amassing a huge collection of cigarettes, which are the cryptocurrencies

of prison. But sadly, things seem to have really fallen apart from many of the Forbes 30 under 30

over time.

So who am I talking about?

Well, in recent years, we've seen CryptoHobbit Sam Bankman-Fried make the list.

He was listed in 2021, along with a bunch of people with junior roles at banks.

It makes you wonder who exactly puts these lists together.

When I noticed the pattern of criminals and banking juniors, I was excited to read the profiles

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