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We're a fan of CCC - they're one of the main resources we've drawn upon, and we agree with many of these recommendations under the heading of global health.

However, they focus on what will most help the global poor in the near term. We're interested in considering the full range of issues, especially those that are important from the perspective of the long-term future (for reasons explained in the article).


Yes, though unfortunately he didn't write up his reasoning.


This is taken into account in the figures, which are purchasing parity adjusted. You can see more detail in the footnotes.

There also more in-depth discussion here: https://80000hours.org/2017/04/how-accurately-does-anyone-kn...


Hi, I'm the author of the post. I agree this is a very interesting area to look into. It would fall under "meta" in the main post. Here's some more info: http://blog.givewell.org/2015/04/21/science-policy-and-infra...


Our estimate of the mean is still 400-900k, whereas the mean in sports/arts/entertainment is only about $70k. https://80000hours.org/articles/highest-paying-jobs/ Even the junior roles in trading are higher paid than this.

You're right that you also need to account for the chance of dropping out of the role all together, which is hard. (Though drop out rates are high in both sports and finance.)


It seems difficult because the roles exist on a spectrum. I'd be interested in how to make the titles and claims more precise.


Thank you for the interesting estimates!


Thanks for the extra data point.

I totally agree you can't easily use these figures as your expected earnings, since you need to adjust for the chance of drop out. (And also future industry prospects and many other factors.) Also agree about quant funds being different.


By "portfolio manager" I (the author) just mean the more senior person who oversees trading. It seems like a couple of different titles get used.

We don't mean portfolio management in the sense of advising individuals on what to do with their portfolio, which is what some investment banks use. That's a totally different job.

Like I say, this article is only based on a couple of interviews, and we still have a lot to clear. I'd be keen to get more data.


Read the rest of the guide :) https://80000hours.org/career-guide/


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