The Money Stuff Podcast features Matt Levine and Katie Greifeld discussing financial news, specifically the winding down of Eisler's multistrategy hedge fund and the emergence of hedge fund talent agents. They analyze the challenges faced by smaller multistrategy funds in competing with larger firms like Millennium and Citadel, the high costs associated with pass-through fees, and the efficiency of the hedge fund market in identifying and retaining talent. The conversation also covers Calshi, a prediction market offering same-game parlays, and the regulatory landscape surrounding sports betting, with a debate on whether it is different from sports gambling.
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