Equal pay structures encourage individuals to excel in their true areas of expertise, as opposed to chasing higher salaries in less suitable roles. Reflecting on his early career, Peter shares how he was part of a groundbreaking team at Goldman Sachs, navigating the evolving landscape of mortgage securities and financial innovations during the mid-eighties. The rapid changes in accounting practices and the advent of technology significantly impacted the way finance operated, making it a fascinating time to be involved in the industry.