Ep. 338: Ken Tropin on Talent Recruitment, Fed Risks, and Biggest Underpriced Trade

In this Macro Hive Conversations episode, Bilal Hafeez interviews Ken Tropin, Chairman and Founder of Graham Capital Management, about his investment philosophy, which focuses on macro markets with a conservative, long-term approach, emphasizing innovation, risk management, and client collaboration. Tropin discusses the firm's differentiation from pod shops, its integration of quantitative approaches and AI, and strategies for talent acquisition, including the recent New York office opening. Shifting to macro markets, Tropin highlights tactical trading, the underpriced term premium, and potential impacts of AI and fiscal stimulus, while also touching on international markets, the US-China trade dynamic, and his philanthropic work with the Robin Hood Fund. He concludes by sharing career advice for young people, stressing the importance of hard work, a positive attitude, and continuous learning.