054: Rishi Narang Components of a Black Box, Humans Versus Computers, and High Frequency Trading

Published: Jan. 7, 2016, 9:36 a.m.

b'To start the year with a bang, I have a very special guest on the podcast this week, who I\\u2019d like you to meet \\u2013 his name is, Rishi Narang.\\nRishi has an impressive background, and has been involved with financial markets for over 20 years now. He originally started out as an analyst at Citibank, prior to co-founding TradeWorx with his brother Manoj Narang (a fintech company, turned high-frequency hedge fund).\\nSince 2005, Rishi has been the Founding Principal at T2AM \\u2013 a fund of funds, which specialize in short term quant trading strategies.\\nHe\\u2019s also the author of Inside the Black Box, and was featured in a must-watch VPRO documentary titled \\u2018Money & Speed: Inside the Black Box\\u2019.\\nDuring our discussion (which went for well over an hour), we spoke about; the non-textbook definition of alpha, the components of a black box, where humans have an advantage over computers and vice-a-versa, and we also explore the subject of high frequency trading and speed.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'