While. Like Nosek, Taubes had to Google Arnold to learn who he was. 12 -- John Arnold, Centaurus Advisors. In 2007, Arnold became the youngest billionaire in the U.S.[1] His firm, Centaurus Advisors, LLC, was a Houston-based hedge fund specializing in trading energy products that closed in 2012. Centaurus Advisors Portfolio Investments, Centaurus Advisors Funds What does that say about American philanthropy? He . Says Goodman, Scientists really do want to discover things that make a difference in peoples lives. Gas Trading Legend John Arnold Closing Centaurus Fund The tech giant is helping researchers and clinicians decipher vast amounts of data generated by people with persistent symptoms. Of 1,576 researchers who responded to a recent online survey from Nature, more than half agreed there is a significant crisis of reproducibility. Enron billionaire frets about public pensions' solvency Prior The incentives to produce positive results were so great, Nosek and others worried, that some scientists were simply locking their inconvenient data away. On the contrary, Arnold says he believes that most researchers go into their work with the best of intentions, only to be led astray by a system that rewards the wrong behaviors. Ask a Question. 2023 Forbes Media LLC. (The foundations funding of the Nutrition Science Initiative is now scheduled to end in November.) Foerster, Marny Eng And John Oates On New Indie Dramedy Gringa, Chief Justice John Roberts Wife Made Over $10 Million As Legal Consultant, Report Says, John Rahms Golf Odds Reach Historic Low For 2023 Mexico Open, New Podcast By Shark Tank Alum Daymond John Announced Today Focuses On Defining Moments Of Influential People, A Celebration Of Film Composer John Williams With The New York Philharmonic, Elton Johns Honky Chteau Sounds As Mellow As Ever, John E. Murray (1959-2018): A Birthday Appreciation, The Top 10 Richest Women In The World 2023, The World's 15 Youngest Billionaires 2023, Billionaires 2023: The Top 10 Richest People In The World, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. The aim was to redo about 50 studies from three prominent psychology journals, to establish an estimate of how often modern psychology turns up false positive results. [52], , "Centaurus scoops up National Coal shares", Institute for Clinical and Economic Review, "The Young Billionaire Behind the War on Bad Science", "John Arnold Is Said to Close Hedge Fund and Return Investor Money", "When a billionaire trader loses his edge - The Term Sheet: Fortune's deals blogTerm Sheet", "Houston billionaire trader John Arnold retiring at 38 - Houston Chronicle", "Legendary Energy Trader John Arnold to Retire", "Hedge Fund Billionaire John Arnold's Fund Was Up When He Announced He Was Getting Out", "Ex-Trader at Enron to Retire From Hedge Fund", New York Times: "CORPORATE CONDUCT: THE TRADER; Enron Trader Had a Year To Boast of, Even If" By DAVID BARBOZA, "A speculator who is in for the long haul", "Centaurus's John Arnold: The king of natural gas - Nov. 24, 2009", "Meet the Texas billionaire who backed Philly soda tax and now is funding attack ads in N.J. Senate race", "Smart trades that made this a good year for some", "Centaurus scoops up National Coal shares", "John D. Arnold's CFTC (U.S. Commodity Futures Trading Commission) speech", "Houston's World Cup bid adds a power player in John Arnold", "A Thirtysomething Billionaire Couple Take on Tough Issues Via Giving", "The City Fund has given out over $100 million to support charter and charter-like schools", How a billionaire couple greased the skids for Nancy Pelosis drug pricing bill, "Why this billion-dollar foundation is becoming a corporation", "Changemakers: The Leaders Reshaping Communities Around the World", "Two Texas Billionaires Think They Can Fix Philanthropy", "A Billionaire Pledges to Fight High Drug Prices, and the Industry Is Rattled", "Obscure Model Puts a Price on Good Healthand Drives Down Drug Costs", "How a Billionaire Couple Greased The Skids For Nancy Pelosi's Drug Pricing Bill", "Laura and John Arnold Foundation to Restructure as LLC", "Why one billionaire is calling out Silicon Valley's favorite philanthropic loophole", "Are Donor Advised Funds Good for Philanthropy? Reflects change since 5 pm ET of prior trading day. But in July 2012, Nosek received an email from an institution whose name he didnt recognize: the Laura and John Arnold Foundation. On some days at Enron, Arnold would trade more than a billion dollars worth of gas contracts. He was widely quoted for his viewpoints on the industry by a government commission. By recreating an early state of matter called the quark-gluon plasma, scientists hope to understand the conditions that made the universe what it is today. The BMJ investigation, in turn, met with angry denunciations from nutrition experts who had worked on the US Dietary Guidelines; a petition asking the journal to retract Teicholzs work was signed by more than 180 credentialed professionals. Having spent more than a decade picking apart nutrition science, Taubes soon found himself cofounding an organization with a substantial grant from the Arnold Foundation, to rebuild the study of obesity from the ground up. Donald Trumps real net worth? At its peak Centaurus managed some $6 billion before Arnold closed the fund and retired in 2012 at the age of 38, establishing the Laura and John Arnold Foundation with his wifea former oil executivesoon after.
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