Michael Hintze
Michael Hintze
Sir Michael Hintze, AMis a British-Australian businessman, philanthropist and Conservative Party patron, based in the United Kingdom...
NationalityBritish
ProfessionBusinessman
Date of Birth27 July 1953
base earn earning incredibly less market million pay traders volatile
When traders were able to earn a million dollars, of which base pay was $150,000 to $200,000 and the rest was bonus, they would go for it. Now if you're sitting there earning $600,000, you become less risk-seeking. And if you have less risk-seeking, the ability of the market to be incredibly volatile is increased.
earnings immense
For me, I get immense pleasure out of giving. I do what I can. I try and give around 10% of my earnings a year. Some years, I give more, some I give less.