This interview with Mike Harris explores the strategies and challenges of the Quest Hedge Fund, from CTA trend-following and AI trading models to the overcrowded quant equity space. We also dive into statistical arbitrage, multi-strat funds, the macro outlook, and the advantages & risks of using AI.
--
Follow Mike Harris on Twitter https://x.com/mikeharris410?lang=en
Follow Jack Farley on Twitter https://twitter.com/JackFarley96
Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance
Follow Blockworks on Twitter https://twitter.com/Blockworks_
__
Timestamps:
(00:00) Introduction
(00:20) Mike Harris Background As a Quant
(03:07) Quest Hedge Fund
(04:30) CTA Trend Following Strategy
(11:50) Trend Following Examples
(16:47) Permissionless Ad
(17:44) Interview Continues
(19:33) Quant Equity Trading Getting Crowded
(22:52) Statistical Arbitrage
(27:17) Risks to Statistical Arbitrage
(32:11) Multi-Strat Hedge Funds
(33:32) Lack of New Fund Launches
(39:04) Sharpe Ratio In Strategies
(41:34) Private Market Investing
(48:29) Volatility Strategies
(54:17) Macro And Stock Market Outlook
(01:02:26) Risks To Quest
(01:06:02) Risks To Training Models With AI
__
Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets