A Professor, Prop Trader, & Risk Manager Walk Into a Bar, with Victor Canto

The “bar” we walk into in this episode is one that specializes in blending the unique flavors of beta and alpha, and our mixologists are Victor Canto, Chief Economist of Cadhina & Co, and Donn Stobierski & Jim Kleinops, the Founders and Managing Members at Black Bear Capital Advisors joining us to talk about convexity and rebounds, and adding equity to global macro. Today’s podcast delves into the Dominican Republic, the secret sauce behind how the tail works, the ability to stick with your beta, convexity risk profiles, Paso Fino horses, diversifiable risk, nimble strats taking advantage of regulations, US bonds going negative, modeling based on the election, a world defined by liquid assets, commodity trend inflation hedge, the poor man’s tail risk, the Boilermakers, volatility-based weighting, and the cost of risk mitigation.

Full episodes

 

Chapters:

00:00-01:39 = Intro

01:40-14:39 = Background

14:40-34:00 = A Unique Investment Strategy

34:01-49:01 = What’s responsible for the movement?

49:02-1:02:49 = The upcoming election & Sizing Volatility

1:02:50-1:10:05 = Favorites

 

Follow along with our guests Donn Stobierski on LinkedIn, Jim Kleinops on LinkedIn, and Black Bear Capital on their website; and with Victor Canto on LinkedIn, check out his book Cocktail Economics, and connect with Cadhina & Co.

Disclaimer
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.

Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history.

Managed futures accounts can subject to substantial charges for management and advisory fees. The numbers within this website include all such fees, but it may be necessary for those accounts that are subject to these charges to make substantial trading profits in the future to avoid depletion or exhaustion of their assets.

Investors interested in investing with a managed futures program (excepting those programs which are offered exclusively to qualified eligible persons as that term is defined by CFTC regulation 4.7) will be required to receive and sign off on a disclosure document in compliance with certain CFT rules The disclosure documents contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA, as well as the composite performance of accounts under the CTA's management over at least the most recent five years. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs.

Those investors who are qualified eligible persons as that term is defined by CFTC regulation 4.7 and interested in investing in a program exempt from having to provide a disclosure document and considered by the regulations to be sophisticated enough to understand the risks and be able to interpret the accuracy and completeness of any performance information on their own.

RCM receives a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.

See the full terms of use and risk disclaimer here.

logo