Managing a digital hedge fund that uses cryptocurrency requires a deep understanding of the market and the underlying technologies that power it. It also requires the ability to manage risk effectively, as the cryptocurrency market is highly volatile and can experience significant price swings in a short period of time.
Receiving this Recognition Award for Excellence from Barclay Hedge in cryptocurrency as a digital hedge fund is a significant milestone. It is an acknowledgement of the hard work, dedication, and innovation that goes into managing a successful digital hedge fund.
In this episode, I sit down with Hal Press, Founder, and CEO of North Rock Digital. North Rock is a fundamental, thesis-driven, long/short crypto hedge fund. We discuss Hal's assessment of blockchain technology from a first principles perspective and the mindset he uses to manage his hedge fund and trade his portfolio.
Timestamps 2:20 How do you maintain self discipline and composure in these volatile crypto markets? 6:55 What does the planning process look like as you consider trade set-ups? 10:00 How do you find signal among the noise especially on Twitter? 12:20 What innovation within crypto caught your eye? 18:00 What are the core principles of crypto for you? 31:21 What gives tokens their real value? 44:45 What catalysts need to happen for crypto to explode? 47:49 What are your go-to resources for staying on top of the markets? 49:54 What books or investors have influenced you the most? 51:03 What is your most contrarian take in crypto? 52:34 What is your most contrarian take outside of crypto? 53:18 Where can people find out more?
Disclaimer Ben Jacobs is a partner at Scenius Capital Management. All views expressed by Ben and the guests of this podcast are solely their opinions and do not reflect the opinions of Scenius Capital Management. Guests and the host may maintain positions in the assets or funds discussed in this podcast. You should not treat any opinion expressed by anyone on this podcast as a specific inducement to make a particular investment or follow a particular strategy but only as an expression of their personal opinion. This podcast is for informational purposes only.
In this episode of Empire, Hal Press joins Mike and Jason to discuss his investment thesis. It's no secret that Hal is an ETH super bull, and this episode makes it clear why. He explains ETH's unfair advantage, how L2s will serve as free marketing for Ethereum, the liquidity staking derivative trade, the mechanics behind token rallies, token value accrual and the deflationary outlook! Get ready, this is one of my favorite podcasts yet.