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

Episoder(319)

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 Feb 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 Feb 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 Jan 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 Jan 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 Des 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 Des 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 Nov 20231h 14min

270: What Keeps You in the Game of Trading?

270: What Keeps You in the Game of Trading?

Every now and then, we like to switch things up and take a break from our usual program. Today, we present a special episode for that purpose. So, what keeps you in the trading game? The voices you he...

9 Nov 20231h 5min

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