Luis Alvarado,ENG2575,John Arnold Made a Fortune at Enron. Now He’s Declared War on Bad Science

In the article John Arnold Made a Fortune at Enron. Now He’s Declared War on Bad Science the article explains how John Arnold a young billionaire managed to create a research foundation and contacted a software scientist known as Brian Nosek.The article goes on to explain John Arnold’s youth and how he became the person he is today. It also explains how he worked for Enron  a energy company that was in turmoil in 2001 and also how he walked away from the turmoil of the company’s collapse with a bonus and no accusations. A year later he starts his own hedge fund called Centaurus Energy by 2006 his company went on to compete with other companies and which his company beats and generates his company’s annual return increase to 317 percent and later on states that his annual never went below 50 percent. By 2007 he becomes the youngest billionaire in the country at the age of 33. By 2010 Arnold’s company experienced it’s first annual lost and the company has changed ever since he implemented stricter laws on his company and even his market and by the time his is 38 he states that he lost his passion for trading and decided to pursue other goals. Two years later Arnold decides to retire from Centaurus and goes on to learn and invest in philanthropy.  He than follows this way of thinking  where he relies more on data than ideology and has helped him develop this new notion of turning the science world into more like financing.

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