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
believed greenpeace sort
My grandmother was a Greenpeace supporter. We've always done that sort of thing; we've always believed in helping others - it's part of our ethos.
believe excited family helped key people whom
I get excited about people doing stuff, and to whom I want to give. And I believe in giving back to people who have helped me and my family in the past. The key is getting excited.
believe far
I do believe in Christ, but I would not hold myself up as any paragon of virtue at all - far from it, really.
age chile hip kept
At the age of 61, my hip went. I was skiing in Chile with my son, and there was a turn, and I kept falling. I thought, 'What an idiot; what's going on here?'
brought early school
From my early school days, I was brought up with the belief that we have a duty to use our talents, to volunteer and to make a contribution.
money
I enjoy giving money away. The more you give, the more you get.
I have been very fortunate, so much is expected of me.
people trusting
People want to make sure there is flexibility to reallocate assets. They are trusting us to make the asset allocation decisions.
business
My giving is discretionary, but keeping the business going is not.
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.
data execute information insight knowledge manage noise
You take the noise and put it in data information knowledge, and you get insight from that knowledge. How to execute the trade, the timing, sizing, long, short, and then you risk manage it.
best ensuring good markets
Markets are a good thing, and they are the best way of ensuring we have fairness.
business cannot honest honorable mix
Charity is important; so is being fair and honest and honorable in your business - but you cannot mix the two.