This week, we speak with Kenneth Tropin, chairman and founder of Graham Capital Management, a multi-strategy quantitative hedge fund with $18 billion in assets under management. Prior to founding GCM in 1994, Tropin was president and CEO of hedge fund John W. Henry & Company and worked with legendary traders such as John Henry and Paul Tudor Jones.
He explains how after his work on John Henry, Paul Tudor Jones seeded him. He developed several trend-following strategies that performed well. The fund has thrived, and has developed multiple quantitative strategies, now running 19 separate portfolios across various asset classes.
We discuss why this volatile macroenvironment is a target-rich environment for a program like the GCM.
Here is a list of his favorite books; A transcript of our conversation on Tuesday is available here.
You can stream and download our entire conversation with podcast extras on iTunes, Spotify, Stitcher, Bloomberg, and Acast. All our previous podcasts on your favorite podcast host can be found here.
Be sure to check out our Masters in Business next week with Bill Browder, founder of Hermitage Capital Management and author of Red Notice: A True Story of High Finance, Murder, and One Man’s Fight for Justice And Freezing Order: A True Story of Money Laundering, Murder, and Surviving Vladimir Putin’s Wrath.