I drive for Uber and Lyft after retiring from Wall Street. The principles I learned as a trader help me make more money.
Yahoo Finance·2025-12-21 18:45

Core Insights - The article discusses the transition of Sergio Avedian from a Wall Street trader to a ride-hailing driver for Uber and Lyft, highlighting the opportunities and challenges faced by gig workers in the evolving landscape of transportation technology [1][2]. Group 1: Background and Career Transition - Sergio Avedian, originally from Istanbul, Turkey, had a successful career as a trader on Wall Street before retiring early in 2005 [3]. - After retirement, Avedian became interested in ride-hailing services, particularly Uber, after learning about it from a friend in 2016 [4]. Group 2: Insights on Ride-Hailing and Trading - Avedian draws parallels between ride-hailing and trading, emphasizing the importance of understanding market trends to maximize earnings, such as positioning in high-demand areas during peak times [5]. - He earned up to $80 an hour as a driver, reflecting the potential income opportunities available in the gig economy [4]. Group 3: Advocacy for Gig Workers - Avedian believes that gig work platforms like Uber and Lyft have created significant opportunities but stresses the need for drivers to start saving for their future due to the lack of traditional employee benefits [7]. - He has initiated a personal finance website and YouTube channel aimed at educating gig workers about financial planning and investment strategies [7][6].