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Alpha Exchange

Dean Kernot

Summary

Alpha Exchange is hosted by Dean Kernot covering Risk Management, Volatility, Systemic Risk, and Artificial Intelligence (AI). Notable guests include Alec Litowitz (Founder, Magnetar Capital and QStar Capital), Franklin Parlamis (Founder & CIO, Aequim Alternative Investments), David Silber (Head of Institutional Equity Derivatives, Citadel Securities), and Aaron Brown (Wall Street Quant, Author, and former Risk Manager at AQR). Episodes span from Jun 2026 to Jul 2026.

7episodes
287total claims
12topics covered
7 episodes
The Market Disregards Correlation
Jul 31, 2026

Unprecedentedly low stock correlation is artificially suppressing index-level volatility (e.g., S&P 500), masking significant underlying risk and leading investors to be improperly sized in their p...

VolatilityCorrelationDispersion TradingLeveraged ETFs+11 more
Alec Litowitz, Founder of Magnetar Capital and QStar Capital
Jul 28, 2026 · WITH Alec Litowitz

The key to successful long-term investing is not just IQ but an 'Adaptability Quotient' (AQ), which is the ability to navigate and resolve uncertainty in rapidly changing environments. The biggest ...

Risk ManagementAdaptability Quotient (AQ)Investment PhilosophyUncertainty+16 more
Franklin Parlamis, Founder & CIO, Aequim Alternative Investments
Jul 21, 2026 · WITH Franklin Parlamis

The convertible arbitrage market is experiencing a surge in issuance from capital-intensive, high-growth sectors like AI and data centers, driven by a high interest rate environment. This new issua...

Convertible ArbitrageCapital Structure ArbitrageVolatility TradingImplied Volatility+12 more
David Silber, Head of Institutional Equity Derivatives, Citadel Securities
Jul 10, 2026
The Three Types of Risk-Off
Jul 2, 2026
Aaron Brown, Wall Street Quant and Author: Wrong Number
Jun 30, 2026
David Dredge, Founder and CIO, Convex Strategies
Jun 25, 2026

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