Capital Allocators – Inside the Institutional Investment Industry Todd Simkin - Game of Trading at Susquehanna (EP.399)
4 snips
Aug 5, 2024 
Todd Simkin, Associate Director at Susquehanna International Group and CEO of Susquehanna Re, shares insights from his 27-year journey in trading. He discusses the evolution of trading from poker roots to modern strategies, embracing both the art and science of decision-making. Topics include risk management, navigating growth within large firms, and the fascinating intersection of sports betting and trading strategies. He also reflects on the importance of talent recruitment and meaningful life lessons learned along the way.
AI Snips
Chapters
Transcript
Episode notes
Trading Motivation
- Todd Simkin's interest in trading stemmed from a desire to compete and be part of a winning team, not a passion for finance.
- He was drawn to Susquehanna's approach to decision-making and its game-like nature.
Sign Language Origin
- Todd Simkin's path to studying deaf culture began with a cheating incident in sixth grade.
- A friend taught him fingerspelling to cheat on a test, sparking his curiosity in sign language.
Susquehanna's Origins
- Susquehanna's founders had a background in gaming and applied game theory concepts to options trading from the start.
- They believed traders are made, not born, fostering a growth mindset within the firm.