Odds on Open
Episodes
Ex-Tudor Quant PM: “There Hasn't Been a New Idea in Trading for 15 Years”
30 Apr 2026
Contributed by Lukas
In this episode of Odds on Open, we go deep into the mechanics of edge, credibility, and the structural evolution of the hedge fund industry. Host Eth...
“Concentrated Strategies Will Do Extremely Well” - Sean Emory on Outperforming the Index
23 Apr 2026
Contributed by Lukas
Sean Emory of Avery discusses the evolution of edge in liquid markets, specifically how to leverage alternative data—from App Store analytics to dig...
“It’s the Dumbest Market in the World” - Quant Trader Scott Phillips on Edge in Crypto
16 Apr 2026
Contributed by Lukas
In this episode of Odds on Open, quant trader Scott Phillips joins the pod to break down why crypto remains "the dumbest market in the world"...
Now Is the Best Time to Become a Junior Analyst - Ex-Citadel and D. E. Shaw PM Brett Caughran
09 Apr 2026
Contributed by Lukas
Get 10% off on Fundamental Edge: https://www.fundamentedge.com/odds-on-open-podcastIn this episode of Odds on Open, Ethan Kho sits down with Brett Cau...
"Positions Can Be LESS Risky at Higher Prices" - Derek Pilecki on Finding Edge in Financials
02 Apr 2026
Contributed by Lukas
In this episode of Odds on Open, Ethan Kho sits down with Derek Pilecki, founder of Gator Capital Management, to deconstruct his 20%+ annualized track...
How Billionaire Hedge Fund Managers Are Using Generative AI to Invest
27 Mar 2026
Contributed by Lukas
In this episode of Odds on Open, we analyze the technical architecture of the data science layer within fundamental hedge funds. Guest Matei Zatreanu,...
How the World’s Largest Oil Derivatives Trading Firm Is Navigating the Iran War
19 Mar 2026
Contributed by Lukas
This episode was filmed on Thursday, March 12, 2026.Greg Newman, founder and CEO of Onyx Capital Group and the largest liquidity provider in oil deriv...
Annie Duke on Thinking in Bets - And Why Winners Can Be Wrong
12 Mar 2026
Contributed by Lukas
Legendary poker champion, decision scientist, and author of "Thinking in Bets," Annie Duke deconstructs the mechanics of decision-making und...
Meet the 25-Year-Old Running a Multi-Manager Hedge Fund
05 Mar 2026
Contributed by Lukas
Zachary A. Levitt joins the pod to break down the architecture of a capacity-constrained multi-manager platform designed to harvest high alpha loads i...
Alpha Comes From a Differentiated View - Ex-Point72 Prop Research Head Kirk McKeown on Edge in 2026
26 Feb 2026
Contributed by Lukas
Check out Carbon Arc here: https://www.carbonarc.co/Kirk McKeown, founder and CEO of Carbon Arc and former senior investor-facing operator across Glen...
What Druckenmiller Style Investing Gets Wrong - Alfonso Pecatiello on Edge in Macro Trading
19 Feb 2026
Contributed by Lukas
My Substack: https://ethankho.substack.com/Alfonso Pecatiello — known as "Alf" and founder of The Macro Compass and founder of Palinuro Ca...
“I think of everything as a bet” - SIG Director Andrew Courtney
12 Feb 2026
Contributed by Lukas
Former Susquehanna International Group (SIG) Head Trader Andrew Courtney breaks down the reality of being a quant trader and market maker at one of th...
“Conviction is dangerous” - Emerging Markets Hedge Fund Manager Sinan Xin
05 Feb 2026
Contributed by Lukas
Sinan Xin manages an emerging markets tech hedge fund from New York, investing across China, Latin America, Southeast Asia, and beyond. In this conver...
“AI Makes Analysts Lazy” - Hedge Fund Manager Alix Pasquet on the Importance of Analog Training
29 Jan 2026
Contributed by Lukas
In this episode, hedge fund manager Alix returns to Odds on Open to tackle what he calls the most important problem facing young investors today: the ...
Why 20% of Hedge Funds Fail After One Year - Claudia Quintela on Why Managers Need Business Sense
22 Jan 2026
Contributed by Lukas
Disclaimer: This is not a financial promotion and must not be seen as advice, but only as an educational pieceCláudia Quintela has spent 25 years con...
How I Built a 1.4-Billion-Dollar Quant Fund - Deepak Gurnani on Founding Versor Investments
15 Jan 2026
Contributed by Lukas
In November 2025, I hosted a fireside chat at Columbia University with Deepak Gurnani, founder of Versor Investments, a $1.4 billion quantitative hedg...
This Ex-Poker Pro Built a Hedge Fund by Betting Against Beta – David Orr on Asymmetric Bets
12 Jan 2026
Contributed by Lukas
Ethan Kho interviews David Orr, a former professional poker player turned hedge fund manager. They discuss David's journey from poker to founding ...
How Leading Multi Strat Funds Hire - Recruiting Director Jesse Skaff on the Hedge Fund Talent War
12 Jan 2026
Contributed by Lukas
Discover how top multi-manager hedge funds like Citadel and Millennium attract the brightest minds, the evolving talent strategies in the industry, an...
How the World’s #1 Prediction Markets Trader Finds Edge! - Domer on Trading Global Political Events
28 Dec 2025
Contributed by Lukas
What’s the difference between prediction markets trading and equities trading? On Odds on Open, the world’s #1 prediction markets trader Domer exp...
Why SIG Tells Traders Not to Hedge! - Ex-SIG Trader and Moontower Founder, Kris Abdelmessih
27 Dec 2025
Contributed by Lukas
âť—ACCESS OPPORTUNITIES EXCLUSIVE TO OOO VIEWERS: https://app.youform.com/forms/e2jpsj4z âť—How do top hedge funds actually hedge trades? At SIG, trad...
How High Frequency Trading Became “The Most Cutthroat Business!” - Ex-HFT Trader, Annanay Kapila
26 Dec 2025
Contributed by Lukas
In this episode, former Tower Research and Flow Traders quant Annanay Kapila breaks down the reality of high frequency trading, HFT strategies, and to...
Youngest-Ever Citadel MD: What It’s Like to Work Side-by-Side with Ken Griffin
25 Dec 2025
Contributed by Lukas
Former Citadel MD Michael Watson gives a direct look inside a multi-strategy hedge fund and what it was like working under Ken Griffin. He breaks down...
SIG Director: How Susquehanna Trains Top Traders with Poker
24 Dec 2025
Contributed by Lukas
What’s it like being a trader at SIG? At Susquehanna International Group, Todd Simkin has trained some of the world’s best traders using poker str...
Ex–Goldman and DRW Trader on Trading Before Algorithms Took Over
20 Nov 2025
Contributed by Lukas
John Knorring spent over a decade on the Goldman Sachs trading floor, leading natural gas trading through the 2000s—a period defined by trading in a...
Ex-AIA Quant Director: Every Hedge Fund That Fails Makes THIS Mistake
11 Nov 2025
Contributed by Lukas
How do you start a hedge fund—and where should you launch it? Daniel Xystus has done both. From Los Angeles quant to Chicago portfolio manager to CI...
Partners at Versor Reveal Their Quant Strategies Managing $1.4 Billion
10 Nov 2025
Contributed by Lukas
How do top quantitative trading firms use generative AI?  @versorinvestments , a $1.4B[1] quantitative investment boutique in the asset management i...
Ex- Citadel Analyst and Millennium PM: What It’s Like Inside Both Hedge Funds
09 Nov 2025
Contributed by Lukas
Doug Garber, former Citadel hedge fund analyst and Millennium Management portfolio manager, joins the show to unpack what it’s really like inside tw...
Hedge Fund Manager Alix Pasquet: Why Smart People Lose Money
08 Nov 2025
Contributed by Lukas
Why do smart investors lose money? Alix Pasquet, Managing Partner of Prime Macaya Capital Management, breaks down the paradox at the heart of hedge fu...
GBE Founder Cory Paddock: Great Traders Know When a Regime Change Is Coming
06 Nov 2025
Contributed by Lukas
How do you find trading edge in electricity markets? Cory Paddock, co-founder of GBE, explains how real alpha generation in power trading comes from a...
Christina Qi Started a Hedge Fund From Her Dorm Room. Now, Top Trading Firms Now Buy Her Data.
05 Nov 2025
Contributed by Lukas
Can you start a hedge fund as a college student? Christina Qi, co-founder of Domeyard, did—and later built Databento, a modern market data API used ...
159 Billion-Dollar Quant Investor: Stop Only Investing in the S&P500
04 Nov 2025
Contributed by Lukas
Should you invest in the S&P 500, or look for smarter ways to beat the market? Jason Hsu, Co-Founder of Research Affiliates ($159B AUM) and now CI...
She Left Citadel and Built a BILLION-DOLLAR Hedge Fund
23 Sep 2025
Contributed by Lukas
Can you trade the stock market with AI? Yes: Renee Yao launched Neo Ivy Capital, a billion-dollar** AI hedge fund that uses AI in trading and investin...
Former Nomura Managing Director: How the Sell-Side Created Modern Quant Finance
17 Sep 2025
Contributed by Lukas
In this episode of Odds on Open, Ethan Kho sits down with Joe Mezrich, Founder of Metafoura LLC and former Managing Director at Nomura Quant Strategie...
Former Global Trading Director at Cargill: Edge in Commodities Trading Starts With Relationships
09 Sep 2025
Contributed by Lukas
Former Cargill Global Trading & Risk Management Director Kristine Engman Hochbaum explains how commodities trading strategies and quant trading st...
Hedge Fund Manager Ernie Chan: Use GenAI to Manage Risk, Not Predict Return
02 Sep 2025
Contributed by Lukas
This week, Ethan Kho sits down with Dr. Ernest P. Chan — former quant at Millennium and Morgan Stanley, and now founder of PredictNow.ai and QTS Cap...
Ex-PDT Partners Director on How Small Trading Firms Can Still Compete
26 Aug 2025
Contributed by Lukas
In this episode of Odds on Open, Ethan Kho sits down with Vinesh Jha, founder of Extract Alpha and former director of PDT Partners, to unpack lessons ...
Former AQR and Two Sigma VP: How Quant Funds Will Use GenAI to Find Edge
19 Aug 2025
Contributed by Lukas
What’s it really like working as a quant in fundamental research at Two Sigma—and how will AI, LLMs, and agentic workflows change quantitative tra...
Chris Kantos: How Natural Language Processing Can Generate Alpha
12 Aug 2025
Contributed by Lukas
Can you analyze social media for investment decisions? How do hedge funds use Reddit posts, earnings calls, and SEC filings to find alpha? What’s th...
Quant Trader and Kinetic Founder: Trading the Market is Like Playing Poker
05 Aug 2025
Contributed by Lukas
Financial markets are a game, says Grant Stenger. So how do you win in the financial markets? Grant, a former Jane Street intern and current crypto fo...
Robert Carver Ran a Multi-Billion Dollar Systematic Portfolio for Man AHL. Now He Invests Solo.
29 Jul 2025
Contributed by Lukas
How do you become a solo quant trader and build your own systematic trading business? Robert Carver, ex-head of fixed income at Man AHL—a $63 billio...
Ex-Jane Street Trader: How to Find “Edge” in the Markets and Real Life
15 Jul 2025
Contributed by Lukas
What is edge in trading—and how do hedge funds and quant traders find edge in 2025? According to Agustin Lebron, former quant trader at Jane Street ...
Venture Capitalist Avik Ashar: VC Is How Asia’s Richest Future-Proof Their Businesses
08 Jul 2025
Contributed by Lukas
If venture capital underperforms the public markets, is it still worth the investment? For Avik Ashar, the answer is yes—but not for the reasons you...
Venture Capitalist Guy Horowitz: Some of the Best Founders are Assholes
10 Jun 2025
Contributed by Lukas
Is venture capital dead? Not for Guy Horowitz, who boasts 20+ years in the VC ecosystem, holding the title of partner at firms like DTCP, 33N, and ESH...
Goodnotes COO Minh Tran: Schools That Ignore AI Will Fall Behind
20 May 2025
Contributed by Lukas
How will AI affect education? Minh Tran has a lot to say about the future of learning in the age of large language models (LLMs) and generative AI. As...
Quant Researcher and YouTuber Dimitri Bianco: Your Finance Degree is Worthless
13 May 2025
Contributed by Lukas
Is a finance degree still worth it if you want to become a quant? In this week’s Build to Last episode, quant researcher and YouTuber Dmitri Bianco ...
Investment Migration Expert Krista Victorio: You Can Buy a Passport (Legally)
06 May 2025
Contributed by Lukas
A second passport isn’t just for shady billionaires or globalist elites — it’s actually a legal, fast-growing strategy used by thousands of weal...
$1M+ Consultant Davide Sola: For True Success, "Think in Generations, Not Quarters"
29 Apr 2025
Contributed by Lukas
At no other point in history the #corporate and #academic worlds been so deeply at odds. The former sees the latter as useless bureaucrat over-thinker...
After Years as a Startup Advisor, Illai Gescheit Says Kindness Is Edge
24 Apr 2025
Contributed by Lukas
The startup world is dog eat dog. “Move fast and break things,” so goes the Silicon Valley adage. For Illai Gescheit, this does not have to be the...
How Ryan Manuel Built an AI Startup Turning Policy Into Alpha
15 Apr 2025
Contributed by Lukas
We live in a world of noise. Signals are in abundance. There is too much data, too much fuzz and fluff that makes decision-making a real challenge. It...
How Silicon Sands’ Seth Dobrin Is Investing in a Future Where AI Is Used Responsibly
01 Apr 2025
Contributed by Lukas
Every week, it seems that there’s always a new set of questions we’re pondering when it comes to AI: How will AI reshape the job market? How close...
From Author to Publisher: How Dhira Vidhea Built Indonesia’s First Digital Literary Agency
25 Mar 2025
Contributed by Lukas
Growing up, Dhira Vidhea loved to read and write. She’d devour John Green’s books as a teenager, and eventually wrote her own book titled “The B...
Where Energy, Grit, and Optimism Take You: How Keith Breslauer Went From Working at Lehman Brothers to Starting a €5 Billion Private Equity Firm
18 Mar 2025
Contributed by Lukas
One of Europe’s notable private equity success stories started in New York.Meet Keith Breslauer: native to Washington Heights, NYC and now the manag...
Daniel Mika Built an AI Startup at 17. Seven Years Later, He Invests in Them.
11 Mar 2025
Contributed by Lukas
For founder and technologist Daniel Mika, the idea of building the future is as ordinary as the everyday. No surprise, then, that his first foray into...
When the Only Way is Up: Earl Valencia Turned $5 Million in Startup Funding Into Emerging Market Success
25 Feb 2025
Contributed by Lukas
While many bright minds have their sights set on Silicon Valley, founder Earl Valencia’s vision is set elsewhere: emerging markets, regions like Sou...
From Junk to Riches: How Kirk McKinney Built a Million-Dollar Business Collecting Junk
18 Feb 2025
Contributed by Lukas
For Kirk McKinney, the idea for starting a business “was an accident.” One a bicycle trip to the dump in his hometown of Westwood, MA led to the b...