This podcast episode dives deep into the intricate world of multi-strategy hedge funds, emphasizing their growing impact on modern investing as hosts Joe Weisenthal and Tracy Alloway engage with seasoned hedge fund veteran Rich Falk-Wallace. Through discussions on stock-picking processes, risk-adjusted performance, and the innovative tools that support these strategies, listeners gain insights into how funds like Citadel and Millennium are redefining investment paradigms, addressing recent market changes, and effectively navigating the complexities of risk management.