#30 Nick Leeson – The Rogue Trader, Lessons from Prison, Happiness & Careers Advice - podcast episode cover

#30 Nick Leeson – The Rogue Trader, Lessons from Prison, Happiness & Careers Advice

Mar 24, 202151 minEp. 30
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Episode description

Nick Leeson is CEO of Bull & Bear Capital and former derivatives trader notorious for the collapse of Barings Bank, the United Kingdom's oldest merchant bank. Nick was the “Rogue Trader” who made fraudulent, unauthorized and speculative trades, and his actions led directly to the 1995 collapse of the bank, for which he was sentenced to prison in Singapore.

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(00:00) Introduction
(02:51) Nick Leeson's background
(04:35) The collapse of Barings Bank
(10:04) Trading emotionally, immaturity & stress
(16:15) Social media & communication
(20:26) Lessons from prison
(25:15) Mental challenges of prison
(32:12) Man's Search for Meaning, Viktor Frankl
(39:29) Happiness & careers
(42:59) Pursuing interests & passions 
(46:23) Professional success & ultimate focus

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