Paul Britton, Founder and CEO of Capstone Investment Advisors, delves into the evolution of the derivatives market and the art of managing risk. He shares his experiences from the 2008 financial crisis, emphasizing the need for strong risk frameworks. The conversation highlights the current low VIX amidst economic turmoil and the competition between hedge funds and private assets. Britton also discusses leadership qualities, balancing curiosity with consistency, and the impact of AI in finance, all while maintaining personal values like humility.