Why is having domain expertise in trading not important?

Introduction

0:00

What happens in adverse selection?

4:18

How do you deal when you're on the other side of the adverse selection?

15:09

Why you should invest in training your people?

21:16

Is finance too big at 9% of GDP?

25:37

Trading is very labor intensive

31:06

Overlap of rationality community and trading

36:16

The age of startup founders

48:00

The role of market makers in crypto

50:43

Three books that you recommend

57:31

Life is long, not short

58:47

Short history of Lunar Society

1:03:01