drew

Dms are open, happy to answer questions here as well

oh man, what do you know? i see electronic trading in your bio, i spent like 10 years in HFT, but am confused about the "banking" side of things i guess like... what is "the financial system?" where is most of the money in it?

Ironically I think of tradfi as being quite decentralized itself, you have different firms & customers in totally discrete ecosystems pursuing totally different business models. "Finance" is so vague a term that it's close to meaningless outside contexthttps://twitter.com/drewg__/status/1138986376211382272?s=19 …

My framework for thinking about finance is that it's a sort of meta-technology that lets us transform the relationship that value has with time. You can see this instantiated in different areas of finance, e.g. retail lending lets borrowers lever their future flows for cash now

that's neat, i like that a lot really need to learn more about debt any resources you recommend?

On debt specifically, I would recommend David Graeber's "Debt: the first 5000 years" which is an anthropological history of debt and credit For something technical on debt capital markets, I'd recommend Veronesi's (2010) Fixed Income Securities

I used to work in retail lending and corporate cash management before I worked in trading, probably the biggest benefit of all my job hopping is getting to see different facets of the industry but in truth I feel that I've barely scratched the surface. A lot of finance out there!

no kidding! and then these crazy nerds keep on making more of it every day