49 min listen
25 Sayings on Vol and Risk…Part 1 of 5
FromAlpha Exchange
ratings:
Length:
27 minutes
Released:
Jan 31, 2024
Format:
Podcast episode
Description
I wanted to share with you some of my thoughts about the current state of market risk as this new year is now sufficiently underway. A number of years ago, I created a list that I call “25 Sayings on Vol and Risk”. In the spirt of 7 minute abs and 12 holiday recipes, I think lists are an easy way to connect concepts. Twenty five is a lot to get through, so we are going to simply divide them into 5, creating a series of half hour episodes. I do hope I can keep your attention and, again, make a positive contribution to how you think about markets over 30 minutes. Here are our first five:“Big Moves Matter Most”“Theta is the Rent on Gamma, and the Rent is Often Too Damn High”“Hedge When You Can, Not When You Have To”“Stock Returns, Like Politics, Are Not Normal”“Financial Market Insurance is Not Like Hurricane Insurance” Hope you Enjoy!
Released:
Jan 31, 2024
Format:
Podcast episode
Titles in the series (100)
Mark Spindel, Founder and CIO, Potomac River Capital: The onslaught of Tweets regularly lobbed at Fed Chairman Powell assumes at least some part of the mosaic of today’s unique and vibrant risk climate. But is Trump much different from previous Fed Chairs? In “The Myth of Independence”, Sarah Binder and Mark Spindel provide an important account of the political history of the Fed. And in this episode of the Alpha Exchange, it was a pleasure to have Mark, the Founder and CIO of Potomac River Capital, share his expert views on this subject as well as the macro environment in which Central Banks operate today. Our conversation considers historical market stress events including the square off between Soros and the BoE, the Fed’s surprise tightening in 1994 and, of course the Great Financial Crisis. Mark also provides valuable perspective on the early days of the Fed, from its post-panic creation in 1912 through the onset of WWI, the high inflation volatility of the 1920’s, and then o by Alpha Exchange