What the Finance Industry's All-Night Scavenger Hunt Is Actually Like
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 28 May 2018
⏱️ 36 minutes
🧾️ Download transcript
Summary
For years, big banks, hedge funds and other investment firms took part in an epic scavenger hunt in New York. Inspired by the 1980 movie, “Midnight Madness,” teams of quants and traders would stay out all night competing to figure out some of the world's hardest puzzles. This year, the event was held for the first time in London, where Odd Lots joined a team from Goldman Sachs to compete for the prestigious title. In this episode, find out what it's like to actually compete in the fiendishly difficult experience that is Midnight Madness.
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| 0:00.0 | Thought Creators, the Podcast for Financial Experts, brought to you by FAB. |
| 0:08.0 | My guest today is Sarah Piersada Osmani, head of Sustainable Asset and Project Finance at |
| 0:13.4 | FAB. |
| 0:14.4 | FAB has committed to lend, arrange and facilitate up to US dollar 75 billion of |
| 0:20.2 | sustainable finance by 2030. |
| 0:23.0 | Plot Creators. |
| 0:25.0 | The Podcast for Financial Experts brought to you by FAB. |
| 0:29.0 | With Bloomberg, you get the story behind the story, the story behind the global birth rate, |
| 0:34.8 | behind your EV battery's environmental impact, behind sand. |
| 0:38.4 | Yeah, sand, you get context. |
| 0:40.8 | And context changes everything. Go to Bloomberg.com to get context. Hello and I'm Joe Wiesenthall. |
| 0:55.0 | Hello and welcome to another edition of the Odd Lots Podcast. |
| 0:58.0 | I'm Tracy Allaway. |
| 0:59.0 | And I'm Joe Wiesenthal. |
| 1:01.0 | Joe, have you ever watched something called Midnight Madness? |
| 1:05.0 | I cannot say that ringed about. |
| 1:08.0 | Okay, it's this movie from, I think it came out in 1980, |
| 1:15.4 | and it's about this group of college students |
| 1:18.2 | and they go on an all-night scavenger hunt |
| 1:22.3 | slash puzzle- competition and they go all round |
| 1:26.3 | LA having these sort of wacky adventures while they compete to win the ultimate |
| 1:31.8 | midnight madness prize. |
... |
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