"I was born in Istanbul, Turkey, to Armenian parents. I went to high school in Germany and later came to the US for college. I was always interested in finance, so I ended up becoming a trader at a boutique Wall Street firm. I saw the dot-com bubble in the early 2000s. After I retired from my day job in 2005, I was looking for things to keep myself occupied. Algorithms fascinated me because I had seenwidespread automation in the world of finance. In 2016, I was getting lunch with a friend who was telling me about this app called Uber."
"Back then, Uber was offering $1,000 bonuses to sign up as a driver. I also earned up to $80 an hour. But what really intrigued me were the parallels with trading. On Wall Street, we used to say that "a trend is your friend" because you could make money if you caught one early enough. Picking ride-share trips was like that. You had to know when and where trip prices would surge."
Sergio Avedian was born in Istanbul, attended high school in Germany, and moved to the US for college. He became a trader at a boutique Wall Street firm and observed the dot-com bubble. He retired from his day job in 2005 and developed an interest in algorithms after seeing automation in finance. In 2016 he began driving for Uber in Los Angeles, earned signup bonuses and high hourly rates, and recognized parallels between trading and ride-hailing in spotting trends and surge pricing. He creates videos about Uber and Lyft and encourages drivers to consider investment strategies as self-driving cars spread.
Read at Business Insider
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