165: Michael Samuels – Speculating on Mergers—and a Case of “Excessive” Due Diligence
Chat With Traders10 Syys 2018

165: Michael Samuels – Speculating on Mergers—and a Case of “Excessive” Due Diligence

I was introduced to this weeks guest by an experienced trader and fund manager, who described him as being "hands down the best trader I know..." Michael Samuels is an equities trader, who once traded for First New York and Apex Capital, he now trades his own money under the banner of Broome Street Capital. Michael describes himself as being an 'event driven trader' with a primary focus on news flow surrounding mergers and acquisitions, shareholder activism and fundamentals—to seek out valuation disconnects. During this episode you'll hear about merger-arb strategies (including examples), what happens during takeovers, a case of "excessive" due diligence, mistakes made and lessons learned during Michael's career, plus plenty more. You should also note, Michael has recently begun hosting a podcast about M&A activity and the journalists who report on significant company news: According To Sources Learn more about your ad choices. Visit megaphone.fm/adchoices

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277: Garrett Drinon - Musician Turned Trader Trains Algos to Find Unicorns

277: Garrett Drinon - Musician Turned Trader Trains Algos to Find Unicorns

The lure of the markets seduced a successful musician into full time trading at a prop firm. Collaborating with other traders, Garrett Drinon learned the market signals, and other ingredients which go...

14 Maalis 20241h 10min

276: Will Gogolak - Contextualization Within a Framework of Conditional Probabilities

276: Will Gogolak - Contextualization Within a Framework of Conditional Probabilities

As a risk officer with the Chicago Mercantile Exchange, Will Gogolak was setting margin requirements and saw a wide variety of traders’ accounts and what separated the winning traders from the losing ...

20 Helmi 20241h

275: William Lam - The Best Operating System for Elite Performance: Our Minds

275: William Lam - The Best Operating System for Elite Performance: Our Minds

Experiencing the noticeable communication differences between his childhood culture and his new home in the U.S., William Lam was driven to become aware of how his limiting thoughts imprinted from his...

7 Helmi 20241h 7min

274: Gary Norden - Keeping the Lost Art of Order Flow Trading Alive

274: Gary Norden - Keeping the Lost Art of Order Flow Trading Alive

A humble beginning as a gopher in the intense trading pits of Japanese warrants was shocking for Gary Norden when he was a teenager. As this volatile market was beginning its meltdown, Gary saw how ea...

23 Tammi 20241h 14min

273: James Fishback - THIS TIME It’s Different…or Is It

273: James Fishback - THIS TIME It’s Different…or Is It

James is the co-founder and Chief Investment Officer of Azoria Partners, a global macro investment firm. Prior to Azoria, he served as the Head of Macro at Greenlight Capital, a two-billion-dollar hed...

10 Tammi 20241h 3min

Chat With Traders End of 2023 Message

Chat With Traders End of 2023 Message

Chat With Traders End of 2023 Message Learn more about your ad choices. Visit megaphone.fm/adchoices

26 Joulu 20233min

272: Erik Smolinski - Marine Corps Discipline Crushes the Markets

272: Erik Smolinski - Marine Corps Discipline Crushes the Markets

Growing up poor and living in violent neighborhoods didn’t stop Erik Smolinski from being motivated and curious. Erik only needed to hear a few words about investing including the power of compounding...

12 Joulu 20231h 19min

271: Tom Basso - The Sweet Balance Between Risk and Reward

271: Tom Basso - The Sweet Balance Between Risk and Reward

Experiencing the brutal bear market of 1973-74 impressed upon Tom the necessity to find ways to hedge risk. This began a multi year long quest to find the right combination of uncorrelated assets, tec...

30 Marras 20231h 14min

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