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Benn Eifert On Retail Options Boom, Over-Complex Derivatives, and Managing Tail Risk

Benn Eifert On Retail Options Boom, Over-Complex Derivatives, and Managing Tail Risk

FromMacro Hive Conversations With Bilal Hafeez


Benn Eifert On Retail Options Boom, Over-Complex Derivatives, and Managing Tail Risk

FromMacro Hive Conversations With Bilal Hafeez

ratings:
Length:
51 minutes
Released:
Mar 26, 2021
Format:
Podcast episode

Description

Benn is the managing member and CIO of QVR. He was previously co-founder and co-portfolio manager of Mariner Coria in New York. Before that he was Head of Quantitative Research and Derivatives Trader for the Wells Fargo proprietary trading desk, which became Overland Advisors. He started his career as an emerging markets macroeconomist at the World Bank. He holds a PhD in Economics from UC Berkeley. In this podcast, we discuss: How derivative markets changed after the 2008 financial crisis. The centrality of listed derivatives. Why understanding supply-demand dynamics is important. How complexity of strategies doesn’t give you an edge. Do short vol strategies work? How to manage convexity and tail risk. Derivatives to replace bonds as safe haven hedge? What risks are investors focusing on since COVID? Common mistakes by quants. Book that influenced Benn: The House of Morgan (Chernow).
Released:
Mar 26, 2021
Format:
Podcast episode

Titles in the series (100)

We talk economics and markets with leading policymakers and investors.