Blog
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Too Basic to Notice, Too Big to Ignore: Tom Ferguson on the VC Opportunity in Water Tech
This week on The Derivative, Jeff Malec sits down with Burnt Island Ventures founder Tom Ferguson to explore why water might be the most underappreciated investment theme on the planet.…
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OpenSnow’s Joel Gratz built a Pod Shop for Powder Days: the PMs are Meteorologists and the Returns are Faceshots. Send It!
What happens when a data-obsessed mind that could have been optimizing portfolios decides to optimize powder days instead? This episode…
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Drone Wars, Space Intelligence, and AI-powered Defense Tech Investing with Ian Winer of Center15 Capital
In this episode of The Derivative, Jeff Malec sits down with Ian Winer, West Point grad and founder of Center…
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When Skynet Writes a Substack: The AI Doom Piece That Moved Markets
Look, we’ve been talking about this. Way back in August of ’25, Jeff hopped on his solo Summer Six-Pack pod,…
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SuperCars, Salad, and Sumo Wrestlers: Inside One River’s Systematic Risk Mitigation Playbook with Patrick Kazley
In this episode of The Derivative, Jeff Malec is joined by Patrick Kazley of OneRiver explore how long volatility, convexity,…
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Asset Class Scoreboard: February 2026
February 2026 delivered another broadly positive month, with the U.S. Real Estate leading all asset classes at +5.27% and World…
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Carry, Calendar Spreads, and Climate: Bruce Sinclair on the Future of Grain Markets
In this episode of The Derivative, host Jeff Malec talks with South African grain spread trader Bruce Sinclair (Brent Trading)…
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Going Nuclear: How Uranium is Powering Portfolios with Trevor Hall & Justin Huhn
In this episode of The Derivative, host Jeff Malec talks with uranium analyst Justin Huhn and mining and commodities commentator…


