MWE SHORT: Anthony Pereira – A Technical Ride Through Two Market Crashes

“What [the dot-com bubble] made clear to me was that the marketplace and what was actually going on in the world of software development were two very different things.”

All Anthony Pereira, founder and CEO of Percentile, had wanted to do was build software and write code. That took him to the frontlines of two industry crises: he worked for a tech company during the dot-com bubble and a bank during the financial crisis. During the tech bubble, he saw paper millionaires get wiped out when his firm’s stock went from $300 to $6. With that came the realization that people really can just get carried away. That fact was again hammered home during the Lehman Brothers bankruptcy, when Pereira witnessed banks and other counterparties struggling to figure out their exposure to Lehman.

In this video, Pereira talks about what he learned from the rollercoaster ride of the last 20 years.

FULL VIDEO

Sponsors

Other MarketsWiki Education Series’

Other MWE SHORTS

MWE SHORT: Ben Van Vliet – The Nature of Competition

MWE SHORT: Ben Van Vliet – The Nature of Competition

“You can’t tell Derrick Rose or LeBron James he’s not allowed to fake out an opponent.”

Ben Van Vliet, Assistant Professor and Associate Director at the Illinois Institute of Technology, discusses the nature of competition in the financial industry and the impact of deception in the markets.