When the Market Crashes… They Profit | Logica Capital's Long Volatility Playbook скачать в хорошем качестве

When the Market Crashes… They Profit | Logica Capital's Long Volatility Playbook

Wayne Himelsein, CIO and founder of Logic Capital Advisors, joins Other People’s Money, to discuss how his hedge fund is built to profit when volatility spikes in moments just like this. Everybody wants to carry crash protection but if implemented improperly the cost of carrying hedges can bleed you dry. Finding innovative ways to solve this problem is what drives Himelsein and Logica forward and in this discussion he discusses their approach to maintaining at the money long volatility exposure without relying on spread trades to fund tail hedges. This episode is brought to you by Fintool, a financial copilot tailored for institutional investors. Fintool leverages Large Language Models (LLMs) to discover financial insights beyond the reach of timely human analysis. From summarizing extensive annual reports to computing numbers and unearthing new insights by comparing years of filings, Fintool equips institutional investors like Janus Henderson, First Manhattan and companies like PWC. Learn more about how you can add AI to your investment process: https://fintool.com/?utm_source=the_opm Follow Wayne on X: https://x.com/WayneHimelsein Follow Max on X: https://x.com/maxwiethe Follow Other People’s Money on: Apple Podcast https://bit.ly/4e7QJ1M Spotify https://bit.ly/3Yhaazi YouTube https://bit.ly/3C63VXR X https://x.com/opmpod Timestamps: 00:00 Intro 00:18 Fintool 00:59 Innovating Long Vol with Years of Research 05:19 Why Do Some Traders Use Spreads 08:55 Investors Lump Good Strategies with Bad Strategies 11:06 Return Chasing After Vol Spikes 15:40 Different Waves of Capital and Investor Types 23:07 Bootstrapping a Hedge Fund 25:23 Fintool 26:30 Dynamics of Rebalancing for LPs 34:48 Evolving New and Old Strategies 43:30 Characteristics of the Current Volatility Regime 46:04 Logica's Future 52:04 Increasing Investor Familiarity with Vol Strategies #stocks #economics #economy #recession #bonds #stockmarket #investing #hedgefunds #stockmarketcrash #VIX #volatility #volspike #voltrading #trading #quanttrading