In this episode of The Derivative, Jeff Malec sits down with Bernie Yu, co-founder and CIO of Patronus Capital, to dive deep into the world of options trading, market making, and the nuanced art of capturing convexity. Drawing from his experience at Optiver and his journey to founding Patronus, Bernie shares insights into how a […]
Author: rcm-alternatives
16
Jul
2025
Did PTJ just run an ad for the new ReturnStacked Stocks+Gold+Bitcoin ETF?
When PTJ talks, people listen: It sure seems like world renowned investor Paul Tudor Jones (PTJ) was pitching the exact product the smart folks over at ReturnStacked ETFs launched. PTJ is known for calling the 1987 market crash, and generally having big opinions on big market moves over the years. He was mostly right (gold […]
10
Jul
2025
Family Offices: an inside look on who runs them and how you get that seat, with Brian Adams of Mack International
Join Jeff Malec as he sits down with Brian Adams, partner at Mack International, for an illuminating conversation about the intricate world of family offices. Brian shares his unique journey from real estate entrepreneurship to talent search, offering insider insights into how ultra-high-net-worth families manage their wealth, navigate generational challenges, and recruit top talent. From […]
08
Jul
2025
Markets Stay Hot: US Stocks Extend Rally in June
June 2025 maintained the market momentum as U.S. Stocks delivered another strong month with a +5.14% gain, while World Stocks rose +3.90%. This continued strength has pushed U.S. Stocks’ year-to-date return to +6.05%, while World Stocks extended their impressive lead with an +18.49% return for the year. Commodities rebounded significantly with a +4.11% gain in […]
02
Jul
2025
Launching a Fund Doesn’t Have to Be Complicated: 108 Tools to Help
With over 10,000 hedge funds out there, you might wonder—why would anyone want to launch another? Because you see something others don’t. Because you have an edge. Because you believe you can do it better. But here’s the thing: having a great trading strategy is just the start. When we were working with a group […]
26
Jun
2025
Tech, Trust, and Tactical Investing: A New Era of Wealth Management with Kevin Jamali of Farther
In this dynamic episode of the Derivative podcast, Jeff Malec sits down with Kevin Jamali, Senior Vice President at Farther, for an unfiltered dive into the evolving world of wealth management. What begins as a journey through Jamali’s career—from Chicago Board of Trade futures trader to alternative investment strategist—quickly becomes a provocative exploration of how […]
05
Jun
2025
Pivotal Perspectives: Decoding the Modern Hedge Fund Landscape with Jon Caplis
In this episode of The Derivative, Jeff Malec sits down with Jon Caplis (@JCaplis), CEO of Pivotal Path, to dive deep into the world of hedge funds. They explore current performance trends across strategies like equity quant, global macro, and multi-strategy funds, unpack the challenges of hedge fund data collection, and discuss how sophisticated investors […]
03
Jun
2025
Markets Roar Back: U.S. Stocks Surge 6% in May
May 2025 saw a significant rebound in equity markets, with U.S. Stocks surging +6.28% and World Stocks following closely with a +4.44% gain. This strong performance pushed U.S. Stocks back into positive territory for the year at +0.87%, while World Stocks extended their year-to-date lead to an impressive +14.04%. Hedge Funds and Commodities also posted […]
29
May
2025
Is Trend Following Dead? (Again…) A Deep Dive with Crabel’s Grant Jaffarian
In this revealing episode, Jeff Malec sits down with Grant Jaffarian (@GJaffarian) from Crabel Capital Management to dissect the current state of trend following. They explore the declining performance over the past 6 months, challenges in maintaining positive convexity, and the critical need for innovation. Grant offers candid insights into how trend following has evolved, […]
28
May
2025
Gold as a Bitcoin Hedge? Bitcoin as a Gold Hedge?
With Bitcoin back to all time highs this week, we can all revisit our FOMO and/or regrets for not buying more, or buying earlier. The thing that holds most people back is the volatility. Bitcoin’s averaged about a 50vol over the past year, which is nearly 8 times as much as bonds and 3x […]
