i<00:00:02.240> was

i was

i was one<00:00:03.919> of<00:00:04.160> the<00:00:04.319> most<00:00:04.640> profitable<00:00:05.040> traders<00:00:05.440> in

one of the most profitable traders in

one of the most profitable traders in the<00:00:05.600> whole<00:00:05.839> world<00:00:06.160> at<00:00:06.319> 24<00:00:06.720> years<00:00:06.960> old

the whole world at 24 years old

the whole world at 24 years old that<00:00:08.160> that<00:00:08.400> shouldn't<00:00:08.720> be<00:00:08.880> possible<00:00:09.840> it

that that shouldn't be possible it

that that shouldn't be possible it shouldn't<00:00:10.240> be<00:00:10.400> possible

shouldn't be possible

shouldn't be possible but<00:00:11.440> the<00:00:11.519> reason<00:00:11.920> it<00:00:12.000> is<00:00:12.160> possible<00:00:13.040> is<00:00:13.200> because

but the reason it is possible is because

but the reason it is possible is because if<00:00:13.519> you<00:00:13.679> go<00:00:13.920> onto<00:00:14.080> the<00:00:14.160> training<00:00:14.559> floors

if you go onto the training floors

if you go onto the training floors it's<00:00:15.679> entirely<00:00:16.560> populated<00:00:17.520> by<00:00:17.760> people<00:00:18.240> who

it's entirely populated by people who

it's entirely populated by people who only<00:00:19.039> know<00:00:19.359> rich<00:00:19.680> people

only know rich people

only know rich people so<00:00:21.279> they<00:00:22.320> really<00:00:23.519> their<00:00:23.760> kids

so they really their kids

so they really their kids they<00:00:24.560> have<00:00:24.800> no<00:00:25.199> experiential<00:00:26.320> understanding

they have no experiential understanding

they have no experiential understanding of<00:00:27.039> the<00:00:27.119> economy

of the economy

of the economy and<00:00:28.480> yet<00:00:28.720> i<00:00:28.880> was<00:00:29.119> one<00:00:29.279> of<00:00:29.359> the<00:00:29.439> only<00:00:29.679> people<00:00:29.920> on

and yet i was one of the only people on

and yet i was one of the only people on that<00:00:30.160> trading<00:00:30.480> floor

that trading floor

that trading floor that<00:00:31.519> knew<00:00:31.840> the<00:00:31.920> economy<00:00:32.320> from<00:00:32.480> both<00:00:32.719> sides<00:00:33.360> so

that knew the economy from both sides so

that knew the economy from both sides so i<00:00:33.680> had<00:00:33.840> such<00:00:34.079> a<00:00:34.160> huge<00:00:34.480> advantage<00:00:34.960> of

i had such a huge advantage of

i had such a huge advantage of understanding<00:00:35.520> how<00:00:35.760> the<00:00:35.840> economy<00:00:36.239> works

i<00:00:42.399> had<00:00:42.559> a<00:00:42.640> really<00:00:42.800> good<00:00:42.960> time<00:00:43.200> at<00:00:43.600> grammar

i had a really good time at grammar

i had a really good time at grammar school<00:00:44.160> i<00:00:44.239> mean<00:00:44.480> you<00:00:44.559> know<00:00:44.879> you<00:00:44.960> were<00:00:45.039> at

school i mean you know you were at

school i mean you know you were at school<00:00:45.360> with<00:00:45.520> me<00:00:45.680> i<00:00:45.840> really<00:00:46.000> enjoyed<00:00:46.320> it<00:00:46.399> there

school with me i really enjoyed it there

school with me i really enjoyed it there um<00:00:47.200> you'll<00:00:47.440> also<00:00:47.680> be<00:00:47.840> aware<00:00:48.160> i<00:00:48.239> was<00:00:48.399> expelled

um you'll also be aware i was expelled

um you'll also be aware i was expelled from<00:00:48.960> grammar<00:00:49.280> school

from grammar school

from grammar school um<00:00:52.800> yeah<00:00:53.039> i<00:00:53.120> mean

um yeah i mean

um yeah i mean [Music]

[Music]

[Music] it's<00:00:56.160> quite<00:00:56.320> a<00:00:56.399> possible<00:00:56.800> wouldn't<00:00:57.039> have<00:00:57.120> been

it's quite a possible wouldn't have been

it's quite a possible wouldn't have been able<00:00:57.520> to<00:00:57.680> get<00:00:57.840> the<00:00:58.000> kind<00:00:58.239> of<00:00:58.399> job<00:00:58.559> that<00:00:58.719> i

able to get the kind of job that i

able to get the kind of job that i eventually<00:00:59.120> got<00:00:59.359> if<00:00:59.440> i<00:00:59.520> didn't<00:00:59.760> go<00:00:59.920> there

eventually got if i didn't go there

eventually got if i didn't go there uh<00:01:01.199> not<00:01:01.440> because<00:01:02.640> it<00:01:02.800> made<00:01:03.039> me<00:01:03.199> smart<00:01:03.600> or

uh not because it made me smart or

uh not because it made me smart or anything<00:01:04.159> but<00:01:04.400> simply<00:01:04.799> because

anything but simply because

anything but simply because it<00:01:06.400> meant<00:01:06.560> that<00:01:06.720> i<00:01:06.799> got<00:01:06.960> in<00:01:07.040> touch<00:01:07.360> with<00:01:08.080> a<00:01:08.159> lot

it meant that i got in touch with a lot

it meant that i got in touch with a lot of<00:01:08.400> people<00:01:08.720> from

of people from

of people from better<00:01:09.600> off<00:01:09.760> backgrounds<00:01:11.439> uh<00:01:11.680> you<00:01:11.760> know

better off backgrounds uh you know

better off backgrounds uh you know mostly<00:01:12.400> in<00:01:12.479> the<00:01:12.640> indian<00:01:12.960> community

mostly in the indian community

mostly in the indian community who<00:01:13.840> knew<00:01:14.560> how<00:01:14.720> to<00:01:14.799> get<00:01:14.960> these<00:01:15.119> jobs<00:01:15.360> and<00:01:15.520> also

who knew how to get these jobs and also

who knew how to get these jobs and also like<00:01:16.159> knew<00:01:16.320> what<00:01:16.479> the<00:01:16.640> good<00:01:16.799> jobs<00:01:17.040> are<00:01:17.280> like<00:01:17.439> i

like knew what the good jobs are like i

like knew what the good jobs are like i think

think

think one<00:01:18.479> of<00:01:18.640> the<00:01:18.720> big<00:01:18.880> things<00:01:19.360> that<00:01:19.680> stops<00:01:20.640> smart

one of the big things that stops smart

one of the big things that stops smart kids

kids

kids from<00:01:22.640> poorer<00:01:23.119> or<00:01:23.280> ordinary<00:01:23.680> backgrounds<00:01:24.560> from

from poorer or ordinary backgrounds from

from poorer or ordinary backgrounds from getting<00:01:24.960> the<00:01:25.040> best<00:01:25.200> paid<00:01:25.439> jobs

getting the best paid jobs

getting the best paid jobs is<00:01:26.479> simply<00:01:26.720> a<00:01:26.799> straight<00:01:27.040> lack<00:01:27.280> of<00:01:27.360> information

is simply a straight lack of information

is simply a straight lack of information like<00:01:29.200> and<00:01:29.360> that<00:01:29.520> happens

like and that happens

like and that happens many<00:01:30.320> many<00:01:30.560> steps<00:01:30.799> along<00:01:30.960> the<00:01:31.119> way<00:01:31.600> like<00:01:31.840> first

many many steps along the way like first

many many steps along the way like first of<00:01:32.320> all<00:01:32.880> the<00:01:33.040> schools<00:01:33.439> don't<00:01:33.759> inform<00:01:34.240> them

of all the schools don't inform them

of all the schools don't inform them that<00:01:36.000> if<00:01:36.159> you<00:01:36.240> want<00:01:36.320> to<00:01:36.400> get<00:01:36.560> the<00:01:36.640> best<00:01:36.799> job<00:01:36.960> you

that if you want to get the best job you

that if you want to get the best job you need<00:01:37.119> to<00:01:37.200> go<00:01:37.280> to<00:01:37.360> the<00:01:37.439> top<00:01:37.600> uni

need to go to the top uni

need to go to the top uni and<00:01:38.560> if<00:01:38.640> you<00:01:38.720> want<00:01:38.799> to<00:01:38.880> go<00:01:38.960> to<00:01:39.119> top<00:01:39.280> uni<00:01:39.600> you

and if you want to go to top uni you

and if you want to go to top uni you need<00:01:39.759> to<00:01:39.920> get<00:01:40.560> these<00:01:40.880> grades<00:01:41.280> i<00:01:41.360> need<00:01:41.520> to<00:01:41.680> get

need to get these grades i need to get

need to get these grades i need to get do<00:01:42.079> these<00:01:42.240> kinds<00:01:42.479> of<00:01:42.560> subjects

do these kinds of subjects

do these kinds of subjects so<00:01:43.600> like<00:01:43.759> if<00:01:43.840> you<00:01:43.920> go<00:01:44.079> to<00:01:44.159> an<00:01:44.240> ordinary<00:01:44.640> school

so like if you go to an ordinary school

so like if you go to an ordinary school you<00:01:45.439> might<00:01:45.600> get<00:01:45.759> the<00:01:45.840> impression<00:01:46.240> that<00:01:46.399> like

you might get the impression that like

you might get the impression that like you<00:01:46.720> know

you know

you know getting<00:01:47.920> a<00:01:48.000> few<00:01:48.320> stars<00:01:48.479> a<00:01:48.560> few<00:01:48.720> ways<00:01:48.880> and<00:01:48.960> a<00:01:49.040> few

getting a few stars a few ways and a few

getting a few stars a few ways and a few bees<00:01:49.520> is<00:01:49.680> really<00:01:49.920> good<00:01:50.159> results<00:01:50.560> and<00:01:50.720> it<00:01:50.799> is

bees is really good results and it is

bees is really good results and it is it's<00:01:51.119> much<00:01:51.280> better<00:01:51.439> than<00:01:51.600> average<00:01:51.840> results

it's much better than average results

it's much better than average results but<00:01:52.640> the<00:01:52.799> fact<00:01:53.119> is<00:01:53.360> if<00:01:53.439> you<00:01:53.600> want<00:01:53.680> to<00:01:53.759> come<00:01:54.000> if

but the fact is if you want to come if

but the fact is if you want to come if you<00:01:54.240> want<00:01:54.320> to<00:01:54.399> compete<00:01:54.799> for<00:01:54.960> the<00:01:55.119> top<00:01:55.360> unis

you want to compete for the top unis

you want to compete for the top unis with<00:01:56.079> kitchener<00:01:56.479> private<00:01:56.719> schools

with kitchener private schools

with kitchener private schools you<00:01:57.600> need<00:01:57.759> to<00:01:57.840> know<00:01:58.079> you<00:01:58.159> need<00:01:58.320> to<00:01:58.399> get<00:01:58.560> a<00:01:58.799> stars

you need to know you need to get a stars

you need to know you need to get a stars or<00:01:59.200> aids<00:01:59.360> in<00:01:59.520> every<00:01:59.759> exam<00:02:00.399> i<00:02:00.479> mean<00:02:00.640> you<00:02:00.799> know

or aids in every exam i mean you know

or aids in every exam i mean you know that<00:02:01.200> i<00:02:01.360> know<00:02:01.520> that<00:02:01.759> and<00:02:01.840> the<00:02:02.000> indian<00:02:02.240> kids<00:02:02.399> who

that i know that and the indian kids who

that i know that and the indian kids who went<00:02:02.640> to<00:02:02.719> school<00:02:02.880> with<00:02:03.040> they<00:02:03.200> know<00:02:03.360> that<00:02:03.520> and

went to school with they know that and

went to school with they know that and they<00:02:03.759> told<00:02:04.000> me<00:02:04.159> that

they told me that

they told me that but<00:02:05.280> ordinary<00:02:05.759> people<00:02:05.920> don't<00:02:06.159> get<00:02:06.320> told<00:02:06.479> that

but ordinary people don't get told that

but ordinary people don't get told that they<00:02:06.799> don't<00:02:06.960> know<00:02:07.200> that

they don't know that

they don't know that and<00:02:08.879> then<00:02:09.039> they<00:02:09.200> don't<00:02:09.360> know<00:02:09.520> if<00:02:09.599> you<00:02:09.679> don't

and then they don't know if you don't

and then they don't know if you don't take<00:02:10.000> the<00:02:10.080> right<00:02:10.319> subjects<00:02:11.360> then<00:02:11.520> you're<00:02:11.680> not

take the right subjects then you're not

take the right subjects then you're not going<00:02:11.840> to<00:02:11.920> get<00:02:12.000> in<00:02:12.160> the<00:02:12.239> top<00:02:12.400> unis

going to get in the top unis

going to get in the top unis and<00:02:13.520> then<00:02:13.760> they're<00:02:13.920> not<00:02:14.080> actually<00:02:14.400> told<00:02:14.800> what

and then they're not actually told what

and then they're not actually told what the<00:02:15.040> top<00:02:15.200> unis<00:02:15.680> are

the top unis are

the top unis are so<00:02:16.640> like<00:02:16.800> one<00:02:16.959> of<00:02:17.120> my<00:02:17.520> a<00:02:17.680> girl<00:02:17.840> who<00:02:18.000> i<00:02:18.080> dated<00:02:18.400> for

so like one of my a girl who i dated for

so like one of my a girl who i dated for a<00:02:18.560> bit<00:02:18.879> really<00:02:19.040> nice<00:02:19.280> girl<00:02:19.520> really<00:02:19.680> smart<00:02:20.000> girl

a bit really nice girl really smart girl

a bit really nice girl really smart girl she<00:02:20.720> went<00:02:20.879> to<00:02:21.040> manchester<00:02:21.680> metropolitan

she went to manchester metropolitan

she went to manchester metropolitan university<00:02:22.800> right<00:02:23.440> i'm<00:02:23.520> sure<00:02:23.760> it's<00:02:23.840> a<00:02:23.920> great

university right i'm sure it's a great

university right i'm sure it's a great university

university

university but<00:02:25.120> it's<00:02:25.440> a<00:02:25.520> lot<00:02:25.680> less<00:02:25.920> prestigious<00:02:26.400> than

but it's a lot less prestigious than

but it's a lot less prestigious than manchester<00:02:27.040> university

manchester university

manchester university she<00:02:28.160> didn't<00:02:28.480> know<00:02:28.879> that<00:02:29.040> those<00:02:29.280> were

she didn't know that those were

she didn't know that those were different<00:02:29.599> universities<00:02:30.400> right<00:02:30.879> and<00:02:31.040> nobody

different universities right and nobody

different universities right and nobody was<00:02:31.440> telling<00:02:31.760> her<00:02:32.000> all<00:02:32.160> right

was telling her all right

was telling her all right and<00:02:32.800> this<00:02:32.959> is<00:02:33.120> the<00:02:33.200> kind<00:02:33.440> of<00:02:33.840> lack<00:02:34.080> of

and this is the kind of lack of

and this is the kind of lack of information<00:02:35.280> that<00:02:35.519> people<00:02:35.760> are<00:02:35.840> getting<00:02:36.080> and

information that people are getting and

information that people are getting and like<00:02:36.480> i<00:02:36.640> went<00:02:36.800> to<00:02:36.879> lunch<00:02:37.120> school<00:02:37.280> of<00:02:37.360> economics

like i went to lunch school of economics

like i went to lunch school of economics right

right

right um<00:02:39.760> and<00:02:39.920> if<00:02:40.000> you<00:02:40.160> that<00:02:40.400> is<00:02:40.480> a<00:02:40.560> super<00:02:40.800> super

um and if you that is a super super

um and if you that is a super super prestigious<00:02:41.519> university

prestigious university

prestigious university if<00:02:42.400> you<00:02:42.480> get<00:02:42.640> into<00:02:42.800> the<00:02:42.800> london<00:02:43.040> school<00:02:43.200> of

if you get into the london school of

if you get into the london school of economics<00:02:44.000> you<00:02:44.160> have<00:02:44.239> a<00:02:44.319> really<00:02:44.480> good<00:02:44.640> chance

economics you have a really good chance

economics you have a really good chance of<00:02:44.959> getting<00:02:45.200> a<00:02:45.280> really<00:02:45.519> good<00:02:45.680> job

of getting a really good job

of getting a really good job but<00:02:46.800> a<00:02:46.879> lot<00:02:47.040> of<00:02:47.120> ordinary<00:02:47.599> people<00:02:47.840> have<00:02:48.000> never

but a lot of ordinary people have never

but a lot of ordinary people have never heard<00:02:48.400> of<00:02:48.480> that<00:02:48.840> university

heard of that university

heard of that university you<00:02:50.160> know<00:02:50.239> they've<00:02:50.400> heard<00:02:50.560> of<00:02:50.640> rocksteady

you know they've heard of rocksteady

you know they've heard of rocksteady cambridge<00:02:51.200> but<00:02:51.360> they<00:02:51.440> don't<00:02:51.599> know<00:02:51.680> land

cambridge but they don't know land

cambridge but they don't know land school<00:02:52.080> of<00:02:52.160> economics<00:02:52.879> you<00:02:53.040> know

school of economics you know

school of economics you know so<00:02:53.840> it's<00:02:54.879> at<00:02:55.120> every<00:02:55.440> step<00:02:55.680> of<00:02:55.760> the<00:02:55.920> way

so it's at every step of the way

so it's at every step of the way ordinary<00:02:56.879> people<00:02:57.200> are<00:02:57.280> not<00:02:57.440> getting<00:02:57.680> the<00:02:57.760> good

ordinary people are not getting the good

ordinary people are not getting the good information

information

information you<00:02:58.560> need<00:02:58.720> to<00:02:58.800> be<00:02:58.879> told<00:02:59.200> look<00:03:00.159> if<00:03:00.319> you<00:03:00.400> want<00:03:00.560> to

you need to be told look if you want to

you need to be told look if you want to get<00:03:00.959> the<00:03:01.120> best<00:03:01.280> job<00:03:01.440> interviews<00:03:01.760> the<00:03:01.840> best<00:03:02.000> uni

get the best job interviews the best uni

get the best job interviews the best uni these<00:03:02.879> are<00:03:03.040> the<00:03:03.120> best<00:03:03.360> uni's<00:03:03.920> if<00:03:04.000> you<00:03:04.080> want<00:03:04.159> to

these are the best uni's if you want to

these are the best uni's if you want to get<00:03:04.319> into<00:03:04.560> juniors<00:03:04.800> you<00:03:04.879> need<00:03:05.040> to<00:03:05.120> get<00:03:05.280> these

get into juniors you need to get these

get into juniors you need to get these kind<00:03:05.599> of<00:03:05.680> grades<00:03:06.080> those<00:03:06.319> kind<00:03:06.480> of<00:03:06.560> grades<00:03:06.800> are

kind of grades those kind of grades are

kind of grades those kind of grades are not<00:03:06.959> good<00:03:07.200> enough<00:03:07.360> you<00:03:07.519> get<00:03:07.680> these<00:03:07.760> kinds<00:03:08.000> of

not good enough you get these kinds of

not good enough you get these kinds of grades<00:03:08.319> they<00:03:08.400> don't<00:03:08.560> get<00:03:08.720> told<00:03:09.040> like

grades they don't get told like

grades they don't get told like you<00:03:09.840> know<00:03:10.080> the<00:03:10.159> syllabus<00:03:10.560> is<00:03:10.640> online<00:03:11.040> if<00:03:11.120> you

you know the syllabus is online if you

you know the syllabus is online if you learn<00:03:11.360> this<00:03:11.519> stuff<00:03:11.680> they<00:03:11.840> don't<00:03:11.920> get<00:03:12.080> told

learn this stuff they don't get told

learn this stuff they don't get told that<00:03:12.400> doing<00:03:12.560> well

that doing well

that doing well exams<00:03:13.360> a<00:03:13.440> lot<00:03:13.680> it's<00:03:13.760> about<00:03:13.920> memorization<00:03:14.720> they

exams a lot it's about memorization they

exams a lot it's about memorization they don't<00:03:15.040> get<00:03:15.120> given<00:03:15.440> any<00:03:15.599> of<00:03:15.680> this<00:03:15.840> good

don't get given any of this good

don't get given any of this good information

information

information and<00:03:17.120> then<00:03:17.440> each<00:03:17.680> step<00:03:17.920> of<00:03:18.000> the<00:03:18.159> way<00:03:18.319> do<00:03:18.480> i

and then each step of the way do i

and then each step of the way do i disadvantage<00:03:19.120> that<00:03:19.280> i<00:03:19.360> disadvantage<00:03:19.840> do<00:03:19.920> i

disadvantage that i disadvantage do i

disadvantage that i disadvantage do i disadvantage

disadvantage

disadvantage um<00:03:22.159> so<00:03:22.400> going<00:03:22.640> to<00:03:22.720> a<00:03:22.800> grammar<00:03:23.120> school<00:03:23.280> meant

um so going to a grammar school meant

um so going to a grammar school meant that<00:03:23.599> i<00:03:23.680> was<00:03:23.840> able<00:03:24.000> to<00:03:24.080> get<00:03:24.239> that<00:03:24.319> information

that i was able to get that information

that i was able to get that information so<00:03:26.000> it<00:03:26.080> really<00:03:26.319> advantaged<00:03:26.879> me<00:03:27.840> um

so it really advantaged me um

so it really advantaged me um i<00:03:29.680> mean<00:03:30.319> i'm<00:03:30.480> not<00:03:30.640> an<00:03:30.720> expert<00:03:30.959> on<00:03:31.200> the

i mean i'm not an expert on the

i mean i'm not an expert on the education<00:03:31.840> system<00:03:32.159> i<00:03:32.239> guess<00:03:32.400> the<00:03:32.480> argument

education system i guess the argument

education system i guess the argument would<00:03:33.040> be

would be

would be that<00:03:34.720> it<00:03:34.959> perhaps<00:03:35.200> disadvantaged

that it perhaps disadvantaged

that it perhaps disadvantaged some<00:03:36.879> other<00:03:37.120> kids<00:03:37.360> from<00:03:37.440> poor<00:03:37.680> background<00:03:38.080> who

some other kids from poor background who

some other kids from poor background who then<00:03:38.560> didn't<00:03:38.799> have<00:03:39.040> access<00:03:39.360> to<00:03:39.519> me

then didn't have access to me

then didn't have access to me you<00:03:40.080> know<00:03:40.400> i<00:03:40.480> went<00:03:40.640> to<00:03:40.720> grammar<00:03:41.040> school<00:03:41.519> then<00:03:41.680> i

you know i went to grammar school then i

you know i went to grammar school then i got<00:03:41.920> expelled

got expelled

got expelled like<00:03:43.360> five<00:03:43.599> or<00:03:43.680> six<00:03:43.840> years<00:03:44.080> later<00:03:44.480> and<00:03:44.640> i<00:03:44.720> went

like five or six years later and i went

like five or six years later and i went back<00:03:45.200> to<00:03:46.000> the<00:03:46.159> local<00:03:46.400> comprehensive<00:03:47.040> and<00:03:47.120> i

back to the local comprehensive and i

back to the local comprehensive and i was<00:03:47.440> back<00:03:47.680> with<00:03:47.840> a<00:03:47.920> lot<00:03:48.080> of<00:03:48.159> kids<00:03:48.319> who<00:03:48.400> went<00:03:48.480> to

was back with a lot of kids who went to

was back with a lot of kids who went to primary<00:03:48.799> school<00:03:48.959> with<00:03:49.120> me

primary school with me

primary school with me and<00:03:49.760> kids<00:03:50.000> were<00:03:50.159> like<00:03:50.239> kind<00:03:50.400> of<00:03:50.480> level<00:03:50.640> with<00:03:50.799> me

and kids were like kind of level with me

and kids were like kind of level with me in<00:03:50.959> primary<00:03:51.280> school<00:03:51.440> they<00:03:51.519> were<00:03:51.599> a<00:03:51.680> long<00:03:51.840> way

in primary school they were a long way

in primary school they were a long way behind<00:03:52.560> then

behind then

behind then and<00:03:54.480> it's<00:03:54.640> not<00:03:54.879> because<00:03:55.120> they<00:03:55.280> weren't<00:03:55.519> as

and it's not because they weren't as

and it's not because they weren't as smart<00:03:55.920> as<00:03:56.080> me<00:03:56.239> because<00:03:56.560> back<00:03:56.799> in<00:03:56.879> primary

smart as me because back in primary

smart as me because back in primary school<00:03:57.360> they<00:03:57.439> were<00:03:57.680> as<00:03:57.760> smart<00:03:58.080> as<00:03:58.159> me

school they were as smart as me

school they were as smart as me it's<00:03:58.879> simply<00:03:59.200> the<00:03:59.280> fact<00:03:59.519> that<00:04:00.239> i<00:04:00.400> was

it's simply the fact that i was

it's simply the fact that i was competing<00:04:00.959> with<00:04:01.040> a<00:04:01.040> lot<00:04:01.200> of<00:04:01.280> other<00:04:01.439> smart<00:04:01.680> kids

competing with a lot of other smart kids

competing with a lot of other smart kids and<00:04:02.080> i

and i

and i was<00:04:02.640> aware<00:04:03.439> that<00:04:03.599> you<00:04:03.760> need<00:04:03.920> to<00:04:04.080> get<00:04:04.239> a<00:04:04.400> star<00:04:04.640> in

was aware that you need to get a star in

was aware that you need to get a star in every<00:04:04.879> subject<00:04:05.280> you<00:04:05.360> know<00:04:05.439> what<00:04:05.519> i<00:04:05.599> mean

every subject you know what i mean

every subject you know what i mean so<00:04:06.560> i<00:04:06.640> was<00:04:06.879> just<00:04:07.120> at<00:04:07.280> a<00:04:07.280> high<00:04:07.439> level<00:04:07.680> of

so i was just at a high level of

so i was just at a high level of competition<00:04:08.239> and<00:04:08.319> then<00:04:09.280> from<00:04:09.519> these<00:04:09.760> kids<00:04:10.000> not

competition and then from these kids not

competition and then from these kids not having<00:04:10.560> access<00:04:10.879> to<00:04:11.040> me

having access to me

having access to me they're<00:04:11.840> disadvantaged<00:04:12.480> in<00:04:12.640> the<00:04:12.720> same<00:04:12.879> way

they're disadvantaged in the same way

they're disadvantaged in the same way that<00:04:13.120> i<00:04:13.280> was<00:04:13.439> advantaged<00:04:13.840> by<00:04:14.000> having<00:04:14.159> access

that i was advantaged by having access

that i was advantaged by having access to<00:04:14.560> other<00:04:14.720> smart<00:04:15.040> kids

to other smart kids

to other smart kids so<00:04:16.079> that's<00:04:16.239> the<00:04:16.400> argument<00:04:16.799> but<00:04:16.959> um<00:04:18.239> you<00:04:18.320> know

so that's the argument but um you know

so that's the argument but um you know i'm<00:04:18.560> not<00:04:18.639> an<00:04:18.799> expert<00:04:18.959> on<00:04:19.120> education<00:04:19.440> system

i'm not an expert on education system

i'm not an expert on education system right

right

right i<00:04:20.320> enjoyed<00:04:20.639> my<00:04:20.799> time<00:04:21.040> at<00:04:21.759> grammar<00:04:22.079> school

i enjoyed my time at grammar school

i enjoyed my time at grammar school until<00:04:22.800> i<00:04:22.960> expelled<00:04:23.440> which<00:04:23.600> was

until i expelled which was

until i expelled which was not<00:04:24.080> much<00:04:24.320> fun<00:04:24.960> um<00:04:26.080> but<00:04:26.240> then<00:04:26.400> i<00:04:26.560> also<00:04:26.720> enjoyed

not much fun um but then i also enjoyed

not much fun um but then i also enjoyed my<00:04:27.120> time<00:04:27.280> like<00:04:27.440> a<00:04:27.520> comprehensive

my time like a comprehensive

my time like a comprehensive after<00:04:28.240> that<00:04:28.639> and<00:04:28.800> um<00:04:30.080> yeah<00:04:30.400> i<00:04:30.479> don't<00:04:30.639> really

after that and um yeah i don't really

after that and um yeah i don't really know<00:04:31.040> like

know like

know like it<00:04:31.520> was<00:04:31.759> it<00:04:31.919> was<00:04:32.080> difficult<00:04:32.400> i<00:04:32.479> became<00:04:32.880> more

it was it was difficult i became more

it was it was difficult i became more aware<00:04:33.840> of

aware of

aware of inequality<00:04:35.520> financial<00:04:36.000> inequality<00:04:36.479> and

inequality financial inequality and

inequality financial inequality and unfairness<00:04:37.520> and<00:04:37.759> um

unfairness and um

unfairness and um it<00:04:38.800> probably<00:04:40.160> put<00:04:40.320> a<00:04:40.479> drive<00:04:40.880> in<00:04:41.040> me<00:04:41.840> that

it probably put a drive in me that

it probably put a drive in me that stayed<00:04:42.560> there<00:04:42.800> for<00:04:43.040> a<00:04:43.120> long<00:04:43.440> time

stayed there for a long time

stayed there for a long time to<00:04:45.840> prove<00:04:46.320> that<00:04:46.560> kids<00:04:47.759> like<00:04:48.000> me<00:04:48.240> who

to prove that kids like me who

to prove that kids like me who talk<00:04:48.720> like<00:04:48.960> me<00:04:49.120> who<00:04:49.280> look<00:04:49.440> like<00:04:49.600> me<00:04:50.479> are<00:04:50.639> not

talk like me who look like me are not

talk like me who look like me are not stupid<00:04:51.360> and<00:04:51.440> then<00:04:51.600> we<00:04:51.759> can<00:04:51.840> do<00:04:52.080> it

stupid and then we can do it

stupid and then we can do it and<00:04:52.479> i<00:04:52.560> think<00:04:52.720> that<00:04:52.800> was<00:04:52.960> a<00:04:53.040> big<00:04:53.199> part<00:04:53.360> of<00:04:53.440> the

and i think that was a big part of the

and i think that was a big part of the job<00:04:53.680> that<00:04:53.759> made<00:04:53.919> me<00:04:54.080> successful<00:04:54.560> at

job that made me successful at

job that made me successful at university<00:04:55.120> and<00:04:55.199> later<00:04:55.440> in<00:04:55.520> my<00:04:55.680> job

university and later in my job

university and later in my job um<00:04:58.479> so<00:04:59.280> no<00:04:59.600> i<00:04:59.759> mean<00:04:59.919> in<00:05:00.000> the<00:05:00.080> end<00:05:00.320> for<00:05:00.479> me

um so no i mean in the end for me

um so no i mean in the end for me i'm<00:05:00.960> just<00:05:01.199> glad<00:05:01.520> that<00:05:02.000> i<00:05:02.160> was<00:05:02.320> able<00:05:02.560> to<00:05:02.639> see<00:05:02.800> so

i'm just glad that i was able to see so

i'm just glad that i was able to see so many<00:05:03.199> different<00:05:03.440> things<00:05:03.759> in<00:05:03.840> my<00:05:04.080> childhood

many different things in my childhood

many different things in my childhood growing<00:05:04.800> up<00:05:04.960> in<00:05:05.039> london<00:05:06.000> growing<00:05:06.240> up<00:05:06.400> around

growing up in london growing up around

growing up in london growing up around all<00:05:06.880> people<00:05:07.120> from<00:05:07.280> all<00:05:07.360> different<00:05:07.600> cultures

all people from all different cultures

all people from all different cultures and<00:05:08.400> then<00:05:08.560> going<00:05:08.960> from<00:05:09.120> grammar<00:05:09.440> school<00:05:09.600> i

and then going from grammar school i

and then going from grammar school i also<00:05:09.840> got<00:05:10.000> to<00:05:10.160> see<00:05:10.320> like<00:05:11.120> a<00:05:11.280> variety<00:05:11.759> of

also got to see like a variety of

also got to see like a variety of financial<00:05:12.240> backgrounds<00:05:12.639> i<00:05:12.720> wasn't<00:05:12.880> able<00:05:13.120> to

financial backgrounds i wasn't able to

financial backgrounds i wasn't able to see<00:05:13.440> if<00:05:13.520> i<00:05:13.600> went<00:05:13.759> to<00:05:13.840> comprehensive<00:05:14.320> school

see if i went to comprehensive school

see if i went to comprehensive school so<00:05:15.039> i<00:05:15.120> just<00:05:15.280> got<00:05:15.440> to<00:05:15.600> see<00:05:15.759> more<00:05:16.000> of<00:05:16.160> like

so i just got to see more of like

so i just got to see more of like how<00:05:18.240> many<00:05:18.400> different<00:05:18.560> ways<00:05:18.720> of<00:05:18.800> living<00:05:19.039> that

how many different ways of living that

how many different ways of living that there<00:05:19.360> are<00:05:19.520> and<00:05:19.680> now<00:05:19.840> i<00:05:19.840> haven't<00:05:20.080> gone<00:05:20.240> to<00:05:20.320> work

there are and now i haven't gone to work

there are and now i haven't gone to work in<00:05:20.560> the<00:05:20.639> city

in the city

in the city like<00:05:22.320> and<00:05:22.479> i<00:05:22.560> see<00:05:22.720> how<00:05:23.600> how<00:05:23.840> rich<00:05:24.080> some<00:05:24.320> people

like and i see how how rich some people

like and i see how how rich some people are<00:05:24.800> you<00:05:24.880> know<00:05:24.960> what<00:05:25.039> i<00:05:25.120> mean<00:05:25.280> you<00:05:25.360> just<00:05:25.520> see

are you know what i mean you just see

are you know what i mean you just see like

like

like what<00:05:26.400> a<00:05:26.479> ride<00:05:26.960> is<00:05:27.120> and<00:05:27.199> it<00:05:27.280> helps<00:05:27.520> you<00:05:27.759> um<00:05:28.240> i

what a ride is and it helps you um i

what a ride is and it helps you um i think<00:05:28.560> as<00:05:28.720> an<00:05:28.880> economist

think as an economist

think as an economist that's<00:05:30.320> helped<00:05:30.560> me<00:05:30.800> so<00:05:31.199> much<00:05:32.000> because<00:05:32.160> i<00:05:32.240> think

that's helped me so much because i think

that's helped me so much because i think it's<00:05:32.639> actually<00:05:32.960> quite<00:05:33.199> rare<00:05:33.440> nowadays

it's actually quite rare nowadays

it's actually quite rare nowadays to<00:05:34.880> meet<00:05:35.120> somebody<00:05:36.080> who<00:05:36.320> has<00:05:36.479> experienced

to meet somebody who has experienced

to meet somebody who has experienced poverty<00:05:37.280> and<00:05:37.440> has<00:05:37.600> experienced

poverty and has experienced

poverty and has experienced wealth<00:05:38.880> you<00:05:39.039> won't<00:05:39.199> meet<00:05:39.360> many<00:05:39.600> people<00:05:39.840> like

wealth you won't meet many people like

wealth you won't meet many people like that<00:05:40.080> in<00:05:40.160> your<00:05:40.240> life<00:05:40.479> unfortunately

that in your life unfortunately

that in your life unfortunately because<00:05:41.759> nowadays<00:05:42.320> we<00:05:42.400> live<00:05:42.639> in<00:05:42.720> a<00:05:42.800> world

because nowadays we live in a world

because nowadays we live in a world where<00:05:43.440> largely

where largely

where largely people<00:05:45.039> who<00:05:45.440> come<00:05:45.680> from<00:05:45.840> poor<00:05:46.000> backgrounds

people who come from poor backgrounds

people who come from poor backgrounds don't<00:05:46.880> have<00:05:47.039> the<00:05:47.199> opportunity<00:05:47.600> to<00:05:47.759> become

don't have the opportunity to become

don't have the opportunity to become rich

rich

rich and<00:05:49.039> people<00:05:49.280> who<00:05:49.520> are<00:05:49.919> born<00:05:50.160> in<00:05:50.240> rich

and people who are born in rich

and people who are born in rich backgrounds<00:05:51.280> are<00:05:51.440> extremely<00:05:51.919> protected<00:05:52.400> and

backgrounds are extremely protected and

backgrounds are extremely protected and will<00:05:52.720> almost<00:05:52.960> certainly<00:05:53.280> stay<00:05:53.520> rich

will almost certainly stay rich

will almost certainly stay rich so<00:05:54.560> what<00:05:54.720> that<00:05:54.880> means<00:05:55.199> then<00:05:56.479> is<00:05:56.720> as<00:05:56.880> an

so what that means then is as an

so what that means then is as an economist

economist

economist there's<00:05:58.400> very<00:05:58.639> few<00:05:58.800> people<00:05:59.120> who<00:05:59.280> can<00:05:59.520> actually

there's very few people who can actually

there's very few people who can actually understand<00:06:00.160> from<00:06:00.400> experience

understand from experience

understand from experience the<00:06:01.680> whole<00:06:01.919> economy<00:06:02.639> because<00:06:02.960> most<00:06:03.120> people

the whole economy because most people

the whole economy because most people have<00:06:03.440> ever<00:06:03.680> spent<00:06:03.840> their<00:06:03.919> whole<00:06:04.080> life<00:06:04.319> being

have ever spent their whole life being

have ever spent their whole life being poor

poor

poor in<00:06:05.600> which<00:06:05.759> case<00:06:05.919> to<00:06:06.000> be<00:06:06.160> honest<00:06:06.319> they<00:06:06.400> probably

in which case to be honest they probably

in which case to be honest they probably won't<00:06:06.800> be<00:06:06.880> allowed<00:06:07.039> into<00:06:07.280> the<00:06:07.360> conversation

won't be allowed into the conversation

won't be allowed into the conversation because<00:06:08.639> there's<00:06:08.800> not<00:06:08.880> many<00:06:09.039> people<00:06:09.199> from

because there's not many people from

because there's not many people from poor<00:06:09.520> backgrounds<00:06:09.840> who<00:06:10.000> are<00:06:10.160> in<00:06:10.240> the<00:06:10.319> world<00:06:10.560> of

poor backgrounds who are in the world of

poor backgrounds who are in the world of economics

economics

economics more<00:06:12.240> often<00:06:12.400> than<00:06:12.639> not<00:06:12.960> it's<00:06:13.199> full<00:06:13.360> of<00:06:13.440> people

more often than not it's full of people

more often than not it's full of people who<00:06:13.759> spend<00:06:13.919> their<00:06:14.000> whole<00:06:14.080> lives<00:06:14.319> being<00:06:14.479> rich

who spend their whole lives being rich

who spend their whole lives being rich and<00:06:15.840> then<00:06:17.440> you<00:06:17.600> can't<00:06:17.840> really<00:06:18.080> be<00:06:18.840> surprised

and then you can't really be surprised

and then you can't really be surprised when<00:06:20.560> somebody<00:06:21.199> who<00:06:21.360> spent<00:06:21.600> their<00:06:21.680> whole<00:06:21.840> life

when somebody who spent their whole life

when somebody who spent their whole life being<00:06:22.240> rich<00:06:22.479> and<00:06:22.560> it's<00:06:22.720> not<00:06:22.800> just<00:06:22.960> they<00:06:23.120> spend

being rich and it's not just they spend

being rich and it's not just they spend their<00:06:23.360> whole<00:06:23.440> life<00:06:23.680> being<00:06:23.840> rich

their whole life being rich

their whole life being rich they<00:06:24.400> went<00:06:24.560> to<00:06:24.720> school<00:06:24.880> with<00:06:24.960> people<00:06:25.199> who<00:06:25.280> are

they went to school with people who are

they went to school with people who are rich<00:06:25.759> they<00:06:25.919> went<00:06:26.080> to<00:06:26.160> university<00:06:26.560> people<00:06:26.800> who

rich they went to university people who

rich they went to university people who are<00:06:27.039> rich<00:06:27.280> and<00:06:27.440> now<00:06:27.520> they're<00:06:27.680> working<00:06:27.919> people

are rich and now they're working people

are rich and now they're working people are<00:06:28.319> rich

are rich

are rich you<00:06:28.960> know<00:06:29.520> that<00:06:29.759> probably<00:06:30.000> the<00:06:30.160> only<00:06:30.319> person

you know that probably the only person

you know that probably the only person they<00:06:30.639> know<00:06:30.720> who's<00:06:30.880> poor<00:06:31.039> is<00:06:31.120> they're<00:06:31.280> cleaner

they know who's poor is they're cleaner

they know who's poor is they're cleaner you<00:06:31.680> know<00:06:31.759> what<00:06:31.759> i<00:06:31.840> mean<00:06:32.080> if<00:06:32.160> they<00:06:32.240> talk<00:06:32.479> to

you know what i mean if they talk to

you know what i mean if they talk to them

them

them so<00:06:33.280> like<00:06:34.000> these<00:06:34.639> these<00:06:34.960> people<00:06:35.360> like<00:06:35.840> they

so like these these people like they

so like these these people like they live

live

live they<00:06:37.039> live<00:06:37.280> a<00:06:37.440> world<00:06:37.840> of<00:06:38.080> not<00:06:38.400> really

they live a world of not really

they live a world of not really interacting<00:06:39.120> with<00:06:39.280> poor<00:06:39.520> people

interacting with poor people

interacting with poor people so<00:06:40.479> you<00:06:40.639> can't<00:06:40.880> be<00:06:41.039> surprised<00:06:41.680> when<00:06:42.160> they

so you can't be surprised when they

so you can't be surprised when they don't<00:06:42.560> really<00:06:42.880> understand<00:06:43.520> the<00:06:43.600> way<00:06:43.759> that

don't really understand the way that

don't really understand the way that inequality<00:06:44.319> affects<00:06:44.560> an<00:06:44.720> economy

inequality affects an economy

inequality affects an economy because<00:06:45.600> they<00:06:45.759> haven't<00:06:45.919> witnessed

because they haven't witnessed

because they haven't witnessed inequality<00:06:46.720> they<00:06:46.880> don't<00:06:47.120> really<00:06:47.360> know<00:06:47.600> on<00:06:47.759> a

inequality they don't really know on a

inequality they don't really know on a human<00:06:48.639> personal<00:06:49.039> level

human personal level

human personal level the<00:06:49.840> difference<00:06:50.240> between<00:06:51.599> being<00:06:51.840> poor<00:06:52.080> and

the difference between being poor and

the difference between being poor and being<00:06:52.400> rich

being rich

being rich and<00:06:53.039> poor<00:06:53.280> people<00:06:53.440> and<00:06:53.599> rich<00:06:53.840> people<00:06:54.319> and<00:06:54.479> the

and poor people and rich people and the

and poor people and rich people and the way<00:06:54.800> people<00:06:55.039> behave<00:06:55.680> economically

way people behave economically

way people behave economically and<00:06:56.800> the<00:06:56.880> most<00:06:57.120> people<00:06:57.360> spend<00:06:58.400> so<00:06:59.199> i<00:06:59.440> actually

and the most people spend so i actually

and the most people spend so i actually think<00:07:00.840> that

think that

think that you<00:07:02.400> know<00:07:03.599> i<00:07:03.840> was<00:07:05.280> one<00:07:05.520> of

you know i was one of

you know i was one of the<00:07:06.000> most<00:07:06.240> profitable<00:07:06.720> traders<00:07:07.120> in<00:07:07.199> the<00:07:07.280> whole

the most profitable traders in the whole

the most profitable traders in the whole world<00:07:07.840> at<00:07:08.000> 24<00:07:08.400> years<00:07:08.639> old

world at 24 years old

world at 24 years old that<00:07:09.840> that<00:07:10.080> shouldn't<00:07:10.400> be<00:07:10.560> possible<00:07:11.440> it

that that shouldn't be possible it

that that shouldn't be possible it shouldn't<00:07:11.919> be<00:07:12.000> possible

shouldn't be possible

shouldn't be possible but<00:07:13.039> the<00:07:13.199> reason<00:07:13.520> it<00:07:13.680> is<00:07:13.759> possible<00:07:14.639> is<00:07:14.800> because

but the reason it is possible is because

but the reason it is possible is because if<00:07:15.199> you<00:07:15.280> go<00:07:15.520> onto<00:07:15.759> the<00:07:15.840> training<00:07:16.160> floor

if you go onto the training floor

if you go onto the training floor it's<00:07:17.440> entirely<00:07:18.240> populated<00:07:19.280> by<00:07:19.520> people<00:07:20.000> who

it's entirely populated by people who

it's entirely populated by people who only

only

only know<00:07:21.120> rich<00:07:21.360> people<00:07:22.560> so<00:07:22.960> they

know rich people so they

know rich people so they really<00:07:25.199> their<00:07:25.440> kids<00:07:26.080> they<00:07:26.240> have<00:07:26.479> no

really their kids they have no

really their kids they have no experiential<00:07:28.000> understanding<00:07:28.560> of<00:07:28.720> the

experiential understanding of the

experiential understanding of the economy

economy

economy and<00:07:30.160> yet<00:07:30.479> i<00:07:30.639> was<00:07:30.800> one<00:07:30.960> of<00:07:31.039> the<00:07:31.120> only<00:07:31.360> people<00:07:31.599> on

and yet i was one of the only people on

and yet i was one of the only people on that<00:07:31.840> trading<00:07:32.160> floor<00:07:32.960> that<00:07:33.280> knew<00:07:33.520> the<00:07:33.680> economy

that trading floor that knew the economy

that trading floor that knew the economy from<00:07:34.160> both<00:07:34.400> sides

from both sides

from both sides so<00:07:35.280> i<00:07:35.360> had<00:07:35.599> such<00:07:35.840> a<00:07:35.919> huge<00:07:36.240> advantage<00:07:36.639> of

so i had such a huge advantage of

so i had such a huge advantage of understanding<00:07:37.280> how<00:07:37.440> the<00:07:37.599> economy<00:07:38.000> works

understanding how the economy works

understanding how the economy works so<00:07:39.759> i<00:07:39.840> think<00:07:40.160> um<00:07:41.440> i'm<00:07:41.759> sort<00:07:42.840> of

so i think um i'm sort of

so i think um i'm sort of lucky<00:07:44.400> to<00:07:44.560> have<00:07:44.639> come<00:07:44.800> from<00:07:44.960> that<00:07:45.120> poor

lucky to have come from that poor

lucky to have come from that poor background<00:07:45.680> and<00:07:45.759> then<00:07:45.919> gotten<00:07:46.160> into<00:07:46.319> that

background and then gotten into that

background and then gotten into that world<00:07:46.960> and<00:07:47.199> going

world and going

world and going into<00:07:48.160> going<00:07:48.400> to<00:07:48.560> grammar<00:07:48.800> school<00:07:49.039> was<00:07:49.120> one<00:07:49.280> of

into going to grammar school was one of

into going to grammar school was one of the<00:07:49.440> reasons<00:07:49.840> why<00:07:50.000> that<00:07:50.160> was<00:07:50.400> able<00:07:50.639> to<00:07:50.720> happen

the reasons why that was able to happen

the reasons why that was able to happen i<00:07:51.039> guess

i guess

i guess people<00:07:53.360> hate<00:07:53.520> bankers<00:07:53.840> and<00:07:53.919> we<00:07:54.000> weight

people hate bankers and we weight

people hate bankers and we weight traders<00:07:54.800> i<00:07:54.960> cannot<00:07:55.360> understand<00:07:55.759> why

traders i cannot understand why

traders i cannot understand why i<00:07:56.479> worked<00:07:56.720> a<00:07:56.800> few<00:07:56.960> bankers<00:07:57.280> and<00:07:57.360> i<00:07:57.440> worked<00:07:57.599> for

i worked a few bankers and i worked for

i worked a few bankers and i worked for a<00:07:57.759> few<00:07:57.919> traitors<00:07:58.240> and<00:07:58.400> there's<00:07:58.560> some

a few traitors and there's some

a few traitors and there's some unpleasant<00:07:59.120> characters<00:07:59.520> out<00:07:59.599> there

unpleasant characters out there

unpleasant characters out there although<00:08:00.319> i<00:08:00.400> should<00:08:00.639> add<00:08:00.800> that<00:08:00.879> i've<00:08:01.039> also

although i should add that i've also

although i should add that i've also worked<00:08:01.520> with<00:08:01.599> some<00:08:01.759> amazing<00:08:02.160> really<00:08:02.479> really

worked with some amazing really really

worked with some amazing really really nice<00:08:03.039> people<00:08:03.360> um

nice people um

nice people um but<00:08:05.120> the<00:08:05.280> truth<00:08:05.599> is<00:08:07.039> that<00:08:07.280> job

but the truth is that job

but the truth is that job is<00:08:09.039> a<00:08:09.199> job<00:08:09.440> that<00:08:09.520> can<00:08:09.680> take<00:08:09.919> you<00:08:10.000> from<00:08:10.160> a<00:08:10.240> poor

is a job that can take you from a poor

is a job that can take you from a poor background<00:08:10.800> and<00:08:10.879> make<00:08:11.039> you<00:08:11.199> financially

background and make you financially

background and make you financially secure<00:08:11.919> and<00:08:12.000> that's<00:08:12.160> what<00:08:12.240> i<00:08:12.319> did<00:08:12.560> for<00:08:12.720> me

secure and that's what i did for me

secure and that's what i did for me um<00:08:14.800> but<00:08:15.039> already<00:08:15.520> since<00:08:15.759> i<00:08:16.000> did<00:08:16.240> it

um but already since i did it

um but already since i did it that<00:08:17.520> job<00:08:17.680> has<00:08:17.840> become<00:08:18.160> one<00:08:18.479> harder<00:08:18.720> to<00:08:18.879> get

that job has become one harder to get

that job has become one harder to get focused<00:08:19.360> on<00:08:19.520> ordinary<00:08:19.840> background

focused on ordinary background

focused on ordinary background like<00:08:21.120> as<00:08:21.280> you<00:08:21.360> know<00:08:21.520> i<00:08:21.599> got<00:08:21.759> that<00:08:21.840> job<00:08:22.000> by

like as you know i got that job by

like as you know i got that job by winning<00:08:22.319> a<00:08:22.400> card<00:08:22.639> game<00:08:23.199> you<00:08:23.280> can't<00:08:23.440> do<00:08:23.599> that

winning a card game you can't do that

winning a card game you can't do that nowadays

nowadays

nowadays now<00:08:24.800> you<00:08:25.039> probably<00:08:25.360> need<00:08:25.520> connections<00:08:25.919> or<00:08:26.080> you

now you probably need connections or you

now you probably need connections or you need<00:08:26.240> to<00:08:26.319> have<00:08:26.400> a<00:08:26.479> cv<00:08:26.879> that<00:08:27.039> says<00:08:27.280> like

need to have a cv that says like

need to have a cv that says like you're<00:08:28.000> a<00:08:28.080> concept<00:08:28.479> pianist<00:08:28.960> who's<00:08:29.199> like

you're a concept pianist who's like

you're a concept pianist who's like climbed

climbed

climbed mount<00:08:31.199> everest<00:08:31.520> you<00:08:31.680> know<00:08:31.680> what<00:08:31.759> i<00:08:31.840> mean<00:08:32.479> and

mount everest you know what i mean and

mount everest you know what i mean and you<00:08:32.719> can<00:08:32.800> guess<00:08:32.959> what<00:08:33.120> kind<00:08:33.279> of<00:08:33.360> people<00:08:33.599> have

you can guess what kind of people have

you can guess what kind of people have those<00:08:33.839> kind<00:08:34.000> of<00:08:34.080> cvs

those kind of cvs

those kind of cvs so<00:08:35.279> now<00:08:35.519> it's<00:08:35.680> like<00:08:35.839> harder<00:08:36.159> to<00:08:36.320> get<00:08:36.479> that<00:08:36.640> job

so now it's like harder to get that job

so now it's like harder to get that job and<00:08:37.279> secondly<00:08:38.000> once<00:08:38.240> you<00:08:38.320> get<00:08:38.479> that<00:08:38.719> job

and secondly once you get that job

and secondly once you get that job the<00:08:39.440> pay<00:08:39.680> has<00:08:40.000> collapsed<00:08:40.959> like<00:08:41.200> it's<00:08:41.279> not

the pay has collapsed like it's not

the pay has collapsed like it's not possible<00:08:41.919> to<00:08:42.080> go<00:08:42.320> in<00:08:42.399> there

possible to go in there

possible to go in there and<00:08:43.440> work<00:08:43.680> for<00:08:43.760> like<00:08:44.000> three<00:08:44.159> four<00:08:44.320> years<00:08:44.560> and

and work for like three four years and

and work for like three four years and smash<00:08:44.880> a<00:08:44.959> load<00:08:45.120> of<00:08:45.200> money<00:08:45.440> and<00:08:45.519> then<00:08:45.760> leave

smash a load of money and then leave

smash a load of money and then leave and<00:08:46.399> try<00:08:46.640> and<00:08:46.720> do<00:08:46.959> like<00:08:47.760> try<00:08:47.920> and<00:08:48.080> do<00:08:48.160> something

and try and do like try and do something

and try and do like try and do something else<00:08:48.560> like<00:08:48.720> what<00:08:48.880> i'm<00:08:48.959> doing<00:08:49.200> now

else like what i'm doing now

else like what i'm doing now now<00:08:50.240> like<00:08:50.560> you<00:08:50.720> probably<00:08:51.040> have<00:08:51.120> to<00:08:51.279> stick

now like you probably have to stick

now like you probably have to stick around<00:08:51.600> for<00:08:51.760> 10<00:08:52.080> 15<00:08:52.399> 20<00:08:52.640> years<00:08:52.800> to<00:08:52.880> make<00:08:53.040> that

around for 10 15 20 years to make that

around for 10 15 20 years to make that kind<00:08:53.360> of<00:08:53.440> money

kind of money

kind of money so<00:08:56.480> even<00:08:56.959> if<00:08:57.120> i<00:08:57.279> was

so even if i was

so even if i was 10<00:08:57.839> years<00:08:58.080> younger<00:08:58.480> than<00:08:58.640> i<00:08:58.800> am<00:08:59.839> i<00:09:00.000> would<00:09:00.399> i

10 years younger than i am i would i

10 years younger than i am i would i wouldn't<00:09:00.800> be<00:09:00.880> able<00:09:01.040> to<00:09:01.200> be<00:09:01.440> sitting<00:09:01.680> here

wouldn't be able to be sitting here

wouldn't be able to be sitting here doing<00:09:02.000> this<00:09:02.080> work<00:09:02.320> i'm<00:09:02.480> doing<00:09:02.640> now<00:09:02.959> i<00:09:03.040> would

doing this work i'm doing now i would

doing this work i'm doing now i would need<00:09:03.360> to<00:09:03.519> still<00:09:03.680> be<00:09:03.839> in<00:09:03.920> the<00:09:04.000> bank

need to still be in the bank

need to still be in the bank so<00:09:06.839> it's<00:09:08.160> even<00:09:08.480> the<00:09:08.560> path<00:09:08.880> that<00:09:08.959> i<00:09:09.200> took

so it's even the path that i took

so it's even the path that i took which<00:09:10.080> was<00:09:10.240> a<00:09:10.560> super<00:09:10.880> difficult<00:09:11.200> path<00:09:11.519> even

which was a super difficult path even

which was a super difficult path even back<00:09:12.080> then

back then

back then even<00:09:13.680> that<00:09:13.920> path<00:09:14.399> has<00:09:14.640> been<00:09:15.279> whilst<00:09:15.600> not

even that path has been whilst not

even that path has been whilst not closed<00:09:16.240> off<00:09:16.399> it's<00:09:16.640> become<00:09:16.959> much<00:09:17.279> less

closed off it's become much less

closed off it's become much less accessible<00:09:18.080> people<00:09:18.240> from<00:09:18.399> ordinary

accessible people from ordinary

accessible people from ordinary backgrounds<00:09:19.279> and

backgrounds and

backgrounds and you<00:09:19.680> know<00:09:19.839> i<00:09:19.920> worked<00:09:20.160> on<00:09:20.240> a<00:09:20.320> trading<00:09:20.640> floor

you know i worked on a trading floor

you know i worked on a trading floor there's<00:09:21.519> this<00:09:21.680> stereotype<00:09:22.240> of<00:09:22.320> the<00:09:22.480> sort<00:09:22.640> of

there's this stereotype of the sort of

there's this stereotype of the sort of cockney<00:09:23.120> geezer<00:09:23.440> wild<00:09:23.760> boy

cockney geezer wild boy

cockney geezer wild boy the<00:09:24.320> truth<00:09:24.640> is<00:09:24.959> almost<00:09:25.440> everyone<00:09:25.760> who<00:09:25.839> worked

the truth is almost everyone who worked

the truth is almost everyone who worked as<00:09:26.240> a<00:09:26.320> trader<00:09:26.959> on<00:09:27.120> a<00:09:27.200> trading<00:09:27.440> floor<00:09:27.680> from<00:09:27.839> a

as a trader on a trading floor from a

as a trader on a trading floor from a top<00:09:28.160> bank

top bank

top bank um<00:09:29.680> comes<00:09:29.920> from<00:09:30.000> a<00:09:30.080> relatively<00:09:30.399> privileged

um comes from a relatively privileged

um comes from a relatively privileged background<00:09:31.440> so<00:09:31.600> even<00:09:31.920> that<00:09:32.160> path

background so even that path

background so even that path working<00:09:33.760> in<00:09:33.920> finance<00:09:35.279> which

working in finance which

working in finance which is<00:09:37.279> one<00:09:37.519> of<00:09:37.680> the<00:09:37.839> most<00:09:38.240> feasible<00:09:38.640> parts<00:09:38.959> out<00:09:39.120> of

is one of the most feasible parts out of

is one of the most feasible parts out of poverty

poverty

poverty has<00:09:40.720> almost<00:09:40.959> been<00:09:41.120> closed<00:09:41.440> off<00:09:41.519> now<00:09:41.680> so<00:09:41.760> i

has almost been closed off now so i

has almost been closed off now so i think<00:09:41.920> it<00:09:42.000> has<00:09:42.160> gone<00:09:42.320> worse

think it has gone worse

think it has gone worse ordinary<00:09:44.399> people<00:09:44.800> see<00:09:46.000> they<00:09:46.160> get<00:09:46.399> like<00:09:46.560> a<00:09:46.640> kind

ordinary people see they get like a kind

ordinary people see they get like a kind of<00:09:47.200> stereotyped

of stereotyped

of stereotyped image<00:09:48.320> of<00:09:48.399> how<00:09:48.560> rich<00:09:48.800> people<00:09:49.040> live<00:09:49.760> from<00:09:50.000> tv

image of how rich people live from tv

image of how rich people live from tv and<00:09:50.399> instagram<00:09:50.800> and<00:09:50.880> this<00:09:50.959> kind<00:09:51.120> of<00:09:51.279> stuff

and instagram and this kind of stuff

and instagram and this kind of stuff that's<00:09:52.399> more<00:09:52.640> visible<00:09:53.519> but<00:09:53.680> i<00:09:53.760> think<00:09:54.160> richer

that's more visible but i think richer

that's more visible but i think richer people

people

people don't<00:09:55.839> get<00:09:56.000> such<00:09:56.240> a<00:09:56.320> good<00:09:56.480> understanding<00:09:56.880> of

don't get such a good understanding of

don't get such a good understanding of how<00:09:57.120> ordinary<00:09:57.600> people<00:09:57.760> live<00:09:58.080> because

how ordinary people live because

how ordinary people live because that<00:09:59.680> kind<00:09:59.839> of<00:09:59.920> way<00:10:00.080> of<00:10:00.240> life<00:10:00.480> is<00:10:00.640> not<00:10:01.760> it's<00:10:01.920> not

that kind of way of life is not it's not

that kind of way of life is not it's not really<00:10:02.320> glamorized<00:10:02.800> they're<00:10:02.880> not<00:10:03.040> really

really glamorized they're not really

really glamorized they're not really shown

shown

shown and<00:10:04.240> also<00:10:04.480> i<00:10:04.560> think<00:10:05.200> unfortunately<00:10:05.839> a<00:10:05.920> lot<00:10:06.000> of

and also i think unfortunately a lot of

and also i think unfortunately a lot of wealthy<00:10:06.399> people<00:10:06.640> just<00:10:06.720> don't<00:10:06.959> really<00:10:07.200> care

wealthy people just don't really care

wealthy people just don't really care because<00:10:08.240> ordinary<00:10:08.640> people<00:10:08.880> aspire<00:10:09.120> to<00:10:09.200> be

because ordinary people aspire to be

because ordinary people aspire to be rich<00:10:09.519> right<00:10:09.680> but<00:10:09.839> rich<00:10:10.000> people<00:10:10.240> don't<00:10:10.399> aspire

rich right but rich people don't aspire

rich right but rich people don't aspire to<00:10:10.800> be

to be

to be ordinary<00:10:12.320> people<00:10:12.480> right<00:10:12.800> rich<00:10:13.040> people<00:10:13.360> tend

ordinary people right rich people tend

ordinary people right rich people tend to<00:10:13.680> be<00:10:13.839> you<00:10:14.000> know<00:10:14.160> i<00:10:14.240> remember<00:10:14.560> when<00:10:14.720> i<00:10:14.880> quit<00:10:15.120> my

to be you know i remember when i quit my

to be you know i remember when i quit my job<00:10:15.600> and<00:10:15.760> um

job and um

job and um you<00:10:16.720> know<00:10:16.959> i'm<00:10:17.440> aware<00:10:17.920> i'm<00:10:18.079> phenomenally

you know i'm aware i'm phenomenally

you know i'm aware i'm phenomenally lucky<00:10:18.959> to<00:10:19.040> have<00:10:19.120> made<00:10:19.279> the<00:10:19.360> money<00:10:19.600> that<00:10:19.680> i<00:10:19.760> made

lucky to have made the money that i made

lucky to have made the money that i made right<00:10:20.240> and<00:10:20.480> i<00:10:20.640> made<00:10:20.959> in<00:10:21.200> whatever<00:10:21.600> five<00:10:21.839> or<00:10:21.920> six

right and i made in whatever five or six

right and i made in whatever five or six years<00:10:22.399> more<00:10:22.560> money<00:10:22.800> than

years more money than

years more money than my<00:10:24.079> parents<00:10:24.480> made<00:10:24.640> in<00:10:24.720> their<00:10:24.880> entire<00:10:25.200> careers

my parents made in their entire careers

my parents made in their entire careers like<00:10:25.760> much<00:10:26.079> much<00:10:26.399> more

like much much more

like much much more but<00:10:27.360> then<00:10:27.519> when<00:10:27.760> i<00:10:27.839> quit<00:10:29.120> the<00:10:29.279> people<00:10:29.519> at<00:10:29.600> the

but then when i quit the people at the

but then when i quit the people at the bank<00:10:29.920> really<00:10:30.079> really<00:10:30.240> didn't<00:10:30.480> want<00:10:30.560> me<00:10:30.640> to

bank really really didn't want me to

bank really really didn't want me to quit

quit

quit and<00:10:31.360> one<00:10:31.519> of<00:10:31.600> the<00:10:31.680> big<00:10:31.839> senior<00:10:32.079> bosses<00:10:32.399> sat<00:10:32.560> me

and one of the big senior bosses sat me

and one of the big senior bosses sat me down<00:10:32.880> and<00:10:32.959> he<00:10:33.120> said<00:10:33.440> that<00:10:33.600> amount<00:10:33.839> of<00:10:33.920> money

down and he said that amount of money

down and he said that amount of money you<00:10:34.240> made<00:10:34.480> it's<00:10:34.720> nothing

you made it's nothing

you made it's nothing it's<00:10:36.480> you're<00:10:36.640> going<00:10:36.720> to<00:10:36.800> want<00:10:36.959> you're<00:10:37.120> going

it's you're going to want you're going

it's you're going to want you're going to<00:10:37.360> bri<00:10:37.519> it's<00:10:37.680> going<00:10:37.760> to<00:10:37.839> run<00:10:38.079> out<00:10:38.160> and<00:10:38.320> you're

to bri it's going to run out and you're

to bri it's going to run out and you're going<00:10:38.480> to<00:10:38.560> need<00:10:38.720> more<00:10:38.880> in<00:10:38.959> like<00:10:39.120> a<00:10:39.200> couple<00:10:39.360> of

going to need more in like a couple of

going to need more in like a couple of years

years

years yeah<00:10:41.279> and<00:10:41.440> i<00:10:41.519> was<00:10:41.680> just<00:10:44.839> thinking

yeah and i was just thinking

yeah and i was just thinking it's<00:10:46.880> just<00:10:47.279> crazy<00:10:48.880> what<00:10:49.040> a<00:10:49.200> distorted

it's just crazy what a distorted

it's just crazy what a distorted understanding<00:10:51.440> of<00:10:51.519> the<00:10:51.680> world<00:10:52.000> and<00:10:52.160> of<00:10:52.320> money

understanding of the world and of money

understanding of the world and of money a<00:10:53.279> lot<00:10:53.360> of<00:10:53.440> these<00:10:53.600> very<00:10:53.760> rich<00:10:53.920> people<00:10:54.160> have

a lot of these very rich people have

a lot of these very rich people have because<00:10:55.360> you<00:10:55.440> know<00:10:55.760> my<00:10:56.800> my<00:10:57.040> parents<00:10:57.440> raised

because you know my my parents raised

because you know my my parents raised a<00:10:58.240> family<00:10:58.720> of<00:10:58.959> three<00:10:59.279> kids<00:11:00.399> for<00:11:00.800> you<00:11:00.959> know

a family of three kids for you know

a family of three kids for you know less<00:11:01.680> than<00:11:02.399> you<00:11:02.480> know<00:11:02.720> a<00:11:02.880> quarter<00:11:03.279> of<00:11:03.440> what<00:11:03.760> i

less than you know a quarter of what i

less than you know a quarter of what i don't<00:11:04.320> in

don't in

don't in that<00:11:05.040> you<00:11:05.120> know<00:11:05.440> time<00:11:06.399> they<00:11:06.560> raise<00:11:06.720> the<00:11:06.800> whole

that you know time they raise the whole

that you know time they raise the whole family<00:11:07.279> you<00:11:07.360> know<00:11:07.440> live<00:11:07.680> the<00:11:07.760> whole<00:11:07.920> life<00:11:08.160> on

family you know live the whole life on

family you know live the whole life on that

that

that and<00:11:08.800> they<00:11:08.959> think<00:11:09.120> i'm<00:11:09.200> gonna<00:11:09.440> run<00:11:09.600> out<00:11:09.920> you

and they think i'm gonna run out you

and they think i'm gonna run out you know<00:11:10.720> and<00:11:10.880> but<00:11:11.120> it's<00:11:11.279> just<00:11:11.519> um

know and but it's just um

know and but it's just um when<00:11:13.920> unfortunately<00:11:14.720> it's<00:11:15.040> like<00:11:15.279> i<00:11:15.360> said

when unfortunately it's like i said

when unfortunately it's like i said increasingly

increasingly

increasingly rich<00:11:16.720> people<00:11:17.440> they<00:11:17.600> live<00:11:17.760> in<00:11:17.920> quite<00:11:18.079> a

rich people they live in quite a

rich people they live in quite a closeted<00:11:18.560> world<00:11:18.800> right<00:11:19.120> they

closeted world right they

closeted world right they they<00:11:19.600> go<00:11:19.839> they<00:11:20.000> send<00:11:20.160> their<00:11:20.240> kids<00:11:20.399> to<00:11:20.480> private

they go they send their kids to private

they go they send their kids to private schools<00:11:21.519> then<00:11:21.680> they<00:11:21.760> go<00:11:21.920> to<00:11:22.079> the<00:11:22.160> elite

schools then they go to the elite

schools then they go to the elite universities<00:11:22.959> and<00:11:23.040> then<00:11:23.200> they<00:11:23.279> get<00:11:23.440> elite

universities and then they get elite

universities and then they get elite jobs

jobs

jobs and<00:11:24.560> they<00:11:24.720> only<00:11:24.880> know<00:11:25.040> other<00:11:25.200> rich<00:11:25.440> people<00:11:25.920> so

and they only know other rich people so

and they only know other rich people so often<00:11:26.480> they<00:11:26.560> don't<00:11:26.720> think<00:11:26.880> they're<00:11:27.040> rich

often they don't think they're rich

often they don't think they're rich because<00:11:28.000> they<00:11:28.160> compare<00:11:28.560> themselves<00:11:28.880> to

because they compare themselves to

because they compare themselves to people<00:11:29.200> around<00:11:29.519> them<00:11:29.839> and<00:11:29.920> they<00:11:30.000> have<00:11:30.079> a

people around them and they have a

people around them and they have a tendency<00:11:30.560> to<00:11:30.640> compare<00:11:30.880> themselves<00:11:31.120> to<00:11:31.200> people

tendency to compare themselves to people

tendency to compare themselves to people who<00:11:31.440> are<00:11:31.600> a<00:11:31.600> bit<00:11:31.760> richer<00:11:32.000> than<00:11:32.160> them

who are a bit richer than them

who are a bit richer than them so<00:11:32.720> they<00:11:32.880> just<00:11:33.040> think<00:11:33.200> like<00:11:33.680> oh<00:11:33.920> yeah<00:11:34.079> i'm<00:11:34.240> a

so they just think like oh yeah i'm a

so they just think like oh yeah i'm a bit<00:11:34.480> richer<00:11:34.720> than<00:11:34.880> maybe

bit richer than maybe

bit richer than maybe there's<00:11:35.920> common<00:11:36.240> throwbacks<00:11:36.720> i'm<00:11:36.800> not<00:11:36.959> that

there's common throwbacks i'm not that

there's common throwbacks i'm not that rich<00:11:37.360> you<00:11:37.440> know<00:11:37.600> this<00:11:37.760> guy's<00:11:38.000> got<00:11:38.079> more<00:11:38.240> than

rich you know this guy's got more than

rich you know this guy's got more than me<00:11:38.480> it's<00:11:38.560> like<00:11:38.720> classic<00:11:39.040> keeping<00:11:39.279> up<00:11:39.360> with<00:11:39.519> the

me it's like classic keeping up with the

me it's like classic keeping up with the joneses<00:11:40.160> you<00:11:40.320> know<00:11:40.399> what<00:11:40.480> i<00:11:40.560> mean

joneses you know what i mean

joneses you know what i mean so<00:11:42.640> they<00:11:43.920> i<00:11:44.000> mean

so they i mean

so they i mean that<00:11:44.640> that<00:11:44.880> is<00:11:45.040> why<00:11:46.800> to<00:11:46.959> be<00:11:47.120> frank<00:11:47.440> i'm<00:11:47.600> such<00:11:47.839> a

that that is why to be frank i'm such a

that that is why to be frank i'm such a better<00:11:48.160> economist<00:11:48.640> than<00:11:48.720> them

better economist than them

better economist than them because<00:11:49.839> they<00:11:50.000> have<00:11:50.160> a<00:11:50.240> distorted<00:11:50.880> image<00:11:51.120> of

because they have a distorted image of

because they have a distorted image of reality<00:11:51.600> that<00:11:51.760> comes<00:11:52.000> from<00:11:52.160> the<00:11:52.320> distorted

reality that comes from the distorted

reality that comes from the distorted the<00:11:53.360> extremely<00:11:54.240> closeted<00:11:54.720> part<00:11:54.880> of<00:11:54.959> the<00:11:55.040> world

the extremely closeted part of the world

the extremely closeted part of the world that<00:11:55.279> they<00:11:55.440> see<00:11:56.000> and<00:11:56.079> that<00:11:56.320> comes<00:11:56.639> from

that they see and that comes from

that they see and that comes from inc<00:11:59.200> that<00:11:59.360> comes<00:11:59.680> from<00:11:59.839> this<00:12:00.079> um<00:12:01.200> complete

inc that comes from this um complete

inc that comes from this um complete separation<00:12:02.160> we<00:12:02.240> have<00:12:02.480> of<00:12:02.639> ordinary<00:12:02.959> people<00:12:03.120> in

separation we have of ordinary people in

separation we have of ordinary people in the<00:12:03.279> rich<00:12:03.600> they<00:12:03.760> go<00:12:03.920> to

the rich they go to

the rich they go to different<00:12:05.200> schools<00:12:05.519> different<00:12:05.839> universities

different schools different universities

different schools different universities they<00:12:06.399> get<00:12:06.560> different<00:12:06.800> jobs<00:12:07.120> and<00:12:07.200> then

they get different jobs and then

they get different jobs and then what<00:12:08.160> is<00:12:08.320> most<00:12:08.480> problematic<00:12:08.959> is<00:12:09.120> in<00:12:09.200> these

what is most problematic is in these

what is most problematic is in these really<00:12:09.600> powerful<00:12:10.000> jobs<00:12:10.880> like

really powerful jobs like

really powerful jobs like economics<00:12:12.160> like<00:12:12.639> trading<00:12:13.279> in<00:12:13.440> the<00:12:13.519> city

economics like trading in the city

economics like trading in the city government

government

government it<00:12:15.839> becomes<00:12:16.240> only<00:12:16.480> populated<00:12:17.200> by<00:12:17.440> this<00:12:17.839> class

it becomes only populated by this class

it becomes only populated by this class of<00:12:18.240> super<00:12:18.480> rich<00:12:18.720> people<00:12:18.959> who<00:12:19.120> have<00:12:19.279> no<00:12:19.440> idea

of super rich people who have no idea

of super rich people who have no idea what<00:12:19.839> the<00:12:19.920> ordinary<00:12:20.560> world<00:12:20.800> is<00:12:20.959> like

what the ordinary world is like

what the ordinary world is like and<00:12:21.680> then<00:12:22.320> you<00:12:22.480> can't<00:12:22.639> be<00:12:22.800> surprised<00:12:23.120> when

and then you can't be surprised when

and then you can't be surprised when their<00:12:23.360> predictions<00:12:23.760> are<00:12:23.839> always<00:12:24.079> wrong<00:12:24.320> and

their predictions are always wrong and

their predictions are always wrong and the<00:12:24.720> outcome<00:12:24.959> is<00:12:25.040> always<00:12:25.360> bad<00:12:25.600> because

the outcome is always bad because

the outcome is always bad because ultimately<00:12:26.399> these<00:12:26.560> guys<00:12:26.800> have<00:12:27.040> not<00:12:27.200> been

ultimately these guys have not been

ultimately these guys have not been chosen<00:12:27.680> because<00:12:27.839> they're<00:12:28.079> the<00:12:28.160> best

chosen because they're the best

chosen because they're the best they've<00:12:28.880> been<00:12:29.040> chosen<00:12:29.360> because<00:12:29.600> they're<00:12:29.760> from

they've been chosen because they're from

they've been chosen because they're from the<00:12:30.000> right<00:12:30.240> families<00:12:31.040> so<00:12:31.200> we're<00:12:31.360> not<00:12:31.600> getting

the right families so we're not getting

the right families so we're not getting the<00:12:32.160> smartest<00:12:32.560> people<00:12:32.800> in<00:12:32.880> the<00:12:32.959> top<00:12:33.200> jobs

the smartest people in the top jobs

the smartest people in the top jobs and<00:12:35.200> then<00:12:36.000> you<00:12:36.160> can't<00:12:36.320> be<00:12:36.480> surprised<00:12:36.720> when<00:12:36.800> we

and then you can't be surprised when we

and then you can't be surprised when we have<00:12:37.040> an<00:12:37.120> incompetent<00:12:37.519> government

have an incompetent government

have an incompetent government and<00:12:38.240> you<00:12:38.320> can't<00:12:38.480> be<00:12:38.560> surprised<00:12:38.880> when<00:12:39.040> we<00:12:39.200> have

and you can't be surprised when we have

and you can't be surprised when we have terrible<00:12:40.399> human<00:12:40.639> outcomes

terrible human outcomes

terrible human outcomes you<00:12:41.519> know<00:12:41.680> if<00:12:41.760> you<00:12:41.920> destroy<00:12:42.240> social<00:12:42.480> mobility

you know if you destroy social mobility

you know if you destroy social mobility a<00:12:43.600> direct<00:12:43.920> consequence<00:12:44.320> of<00:12:44.399> that<00:12:44.639> is

a direct consequence of that is

a direct consequence of that is unintelligent<00:12:46.320> people<00:12:46.560> in<00:12:46.639> top<00:12:46.800> jobs<00:12:48.000> that's

unintelligent people in top jobs that's

unintelligent people in top jobs that's obvious<00:12:48.639> right

obvious right

obvious right if<00:12:49.519> the<00:12:49.600> best<00:12:49.839> people<00:12:50.240> were<00:12:50.399> in<00:12:50.480> the<00:12:50.560> best<00:12:50.800> jobs

if the best people were in the best jobs

if the best people were in the best jobs then<00:12:51.360> they've<00:12:51.519> come<00:12:51.680> from<00:12:51.839> all<00:12:51.920> throughout

then they've come from all throughout

then they've come from all throughout society

society

society but<00:12:53.120> right<00:12:53.279> now<00:12:53.440> they<00:12:53.600> all<00:12:53.680> come<00:12:53.839> from<00:12:53.920> the

but right now they all come from the

but right now they all come from the same<00:12:54.240> schools<00:12:54.639> and<00:12:54.720> the<00:12:54.800> same<00:12:55.040> families<00:12:55.920> so

same schools and the same families so

same schools and the same families so we're<00:12:56.320> wasting<00:12:56.720> like<00:12:56.959> 90<00:12:57.279> percent<00:12:57.440> of<00:12:57.519> the

we're wasting like 90 percent of the

we're wasting like 90 percent of the population

population

population and<00:12:59.279> then<00:12:59.600> it's<00:12:59.920> it's<00:13:00.160> a<00:13:00.240> drive<00:13:00.480> towards

and then it's it's a drive towards

and then it's it's a drive towards incompetence<00:13:01.360> and<00:13:01.519> it's<00:13:01.600> a<00:13:01.680> drive<00:13:01.839> towards

incompetence and it's a drive towards

incompetence and it's a drive towards idiocy

idiocy

idiocy and<00:13:02.880> you<00:13:03.040> know<00:13:04.000> i<00:13:04.079> went<00:13:04.240> to<00:13:04.320> oxford<00:13:04.639> university

and you know i went to oxford university

and you know i went to oxford university to<00:13:05.120> a<00:13:05.279> masters

to a masters

to a masters it<00:13:06.000> drove<00:13:06.320> me<00:13:06.480> mad<00:13:07.040> the<00:13:07.200> level<00:13:07.519> of

it drove me mad the level of

it drove me mad the level of incompetence<00:13:08.560> and<00:13:08.720> lack<00:13:08.880> of<00:13:09.040> understanding

incompetence and lack of understanding

incompetence and lack of understanding from<00:13:09.680> these<00:13:09.839> powerful<00:13:10.240> professors

from these powerful professors

from these powerful professors they've<00:13:11.120> got<00:13:11.279> no<00:13:11.440> idea<00:13:11.680> what<00:13:11.760> ordinary

they've got no idea what ordinary

they've got no idea what ordinary people's<00:13:12.480> lives<00:13:12.720> are<00:13:12.800> like<00:13:13.279> and<00:13:13.360> they<00:13:13.519> don't

people's lives are like and they don't

people's lives are like and they don't care

care

care because<00:13:14.959> they're<00:13:15.120> getting<00:13:15.360> paid<00:13:16.399> it<00:13:16.560> doesn't

because they're getting paid it doesn't

because they're getting paid it doesn't affect<00:13:18.839> them

we've<00:13:22.240> created<00:13:22.639> a<00:13:22.720> generation<00:13:23.200> of<00:13:23.360> young<00:13:23.600> men

we've created a generation of young men

we've created a generation of young men who<00:13:25.120> have<00:13:25.279> had

who have had

who have had wealth<00:13:26.560> and<00:13:27.680> financial<00:13:28.160> success

wealth and financial success

wealth and financial success shove<00:13:29.519> down<00:13:29.680> their<00:13:29.839> throats<00:13:30.160> for<00:13:30.320> their<00:13:30.560> whole

shove down their throats for their whole

shove down their throats for their whole childhoods<00:13:31.680> and<00:13:31.839> have<00:13:32.160> no<00:13:32.399> legitimate<00:13:32.959> means

childhoods and have no legitimate means

childhoods and have no legitimate means of<00:13:33.200> getting<00:13:33.440> those<00:13:33.600> things

of getting those things

of getting those things there<00:13:35.200> is<00:13:35.279> one<00:13:35.519> other<00:13:35.680> thing<00:13:35.839> they<00:13:36.000> can<00:13:36.160> do

there is one other thing they can do

there is one other thing they can do with<00:13:36.480> that<00:13:36.639> mass<00:13:36.880> amount<00:13:37.120> of<00:13:37.200> income

with that mass amount of income

with that mass amount of income they<00:13:38.639> can<00:13:38.800> buy<00:13:38.959> your<00:13:39.040> mom's<00:13:46.360> house