054: Rishi Narang – Components of a Black Box, Humans Versus Computers, and High Frequency Trading

054: Rishi Narang – Components of a Black Box, Humans Versus Computers, and High Frequency Trading

To start the year with a bang, I have a very special guest on the podcast this week, who I’d like you to meet – his name is, Rishi Narang. Rishi has an impressive background, and has been involved with financial markets for over 20 years now. He originally started out as an analyst at Citibank, prior to co-founding TradeWorx with his brother Manoj Narang (a fintech company, turned high-frequency hedge fund). Since 2005, Rishi has been the Founding Principal at T2AM – a fund of funds, which specialize in short term quant trading strategies. He’s also the author of Inside the Black Box, and was featured in a must-watch VPRO documentary titled ‘Money & Speed: Inside the Black Box’. During our discussion (which went for well over an hour), we spoke about; the non-textbook definition of alpha, the components of a black box, where humans have an advantage over computers and vice-a-versa, and we also explore the subject of high frequency trading and speed. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Episoder(335)

331 · Jeff Holden - How Top Prop Traders Find and Scale Their Edge

331 · Jeff Holden - How Top Prop Traders Find and Scale Their Edge

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330 · Steve Quirk - From Chicago Pit Trader to Robinhood Exec

330 · Steve Quirk - From Chicago Pit Trader to Robinhood Exec

Steve Quirk began his career in 1987 on the fast-paced trading floors of Chicago, surviving the historic market crash that wiped out $1.7 trillion worldwide.From navigating open-outcry pits where a tr...

19 Aug 51min

329 · Peter Brandt - How a 50-Year Veteran Thinks About Risk Management

329 · Peter Brandt - How a 50-Year Veteran Thinks About Risk Management

Peter Brandt entered the commodity trading business in 1976 with ContiCommodity Services, survived years of market shifts, and turned a passion for price action into a legendary career spanning over 5...

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328 · Paul Scott - Why Technical Analysis is Just Retail Noise

328 · Paul Scott - Why Technical Analysis is Just Retail Noise

Paul Scott entered the high-stakes trading floor of the London Metal Exchange at just 16 years old, survived years of trading under survival-mode pressure, and turned old-school pit wisdom into lifelo...

22 Jul 1h 28min

327 · David Capablanca - From Skid Row Showers to Short Selling Master

327 · David Capablanca - From Skid Row Showers to Short Selling Master

David Capablanca pursued architecture for a decade, culminating in studying under a Pritzker Prize winner at UCLA, before a life threatening brain tumor, massive medical debt, and student loans forced...

8 Jul 1h 26min

326 · Jason Berry - This Market Wizard Only Had 5 Losing Months in 14 Years... Here's How

326 · Jason Berry - This Market Wizard Only Had 5 Losing Months in 14 Years... Here's How

Jason Berry co-founded Positive Equity in 2008. Built alongside partners and traders who raised the bar, the firm operates trading floors in Ireland and Croatia. Over a 14-year stretch of verified cle...

24 Jun 1h 19min

325 · Jack Schwager & George Coyle - The 3 Timeless Rules Shared by 100 Years of Market Wizards

325 · Jack Schwager & George Coyle - The 3 Timeless Rules Shared by 100 Years of Market Wizards

Jack Schwager and George Coyle team up to look at what it takes to master the markets, combining classic wisdom with how modern financial markets work today.After studying top fund managers and over 1...

10 Jun 1h 13min

324 · Peter Robbins - The Hard Truths of a 50 Year Trading Career

324 · Peter Robbins - The Hard Truths of a 50 Year Trading Career

Peter Robbins is the author of The Trader’s Journey. He entered the financial markets 50 years ago with nothing but a dream, his friend, and a parental signature to trade the markets, surviving decade...

27 Mai 58min

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