Other People's Money with Max Wiethe
Max Wiethe
Other People's Money is the premier podcast about the business side of the fund management industry. Every week Max Wiethe sits down to learn from some of the best entrepreneurial fund managers about their experience launching and growing a fund management business. OPM is not a show about the next hot stock pick or big trade but an inside look at an opaque and misunderstood industry guided by real professional fund managers who've done it themselves.Follow us on:Max's Twitter: https://x.com/maxwietheOPM on Twitter: https://x.com/opmpodWatch OPM and our Partner Show Monetary Matters on YouTube: https://www.youtube.com/channel/UCeyqw1Ns_cnhSJh5XvXPWgw
Episodes
Mentioned books
Nov 4, 2025 • 1h 10min
This Hedge Fund Trying to Become the Top Pod Shop in Crypto is Rethinking the Multi-Manager Hedge Fund Model | Anatoly Crachilov of Nickel Digital
Anatoly Crachilov, CEO and Co-Founder of Nickel Digital Asset Management, dives into the innovative multi-manager model revolutionizing crypto hedge funds. He shares insights on avoiding a central book to enhance pod performance, discusses the advantages of crypto's unique fractionality for low-cost strategy testing, and explains Nickel's collaborative approach to sourcing external talent. Crachilov also reveals how recent market challenges helped filter strong managers, emphasizing rigorous risk management and the evolution of institutional interest in crypto investments.
5 snips
Oct 28, 2025 • 57min
The Hedge Fund Beating the S&P 500 Trading Only Financial Stocks | Derek Pilecki of Gator Capital
Derek Pilecki, the founder of Gator Capital, has an impressive knack for outperforming the S&P 500 by focusing solely on financial sector stocks. He shares insights on why the fears surrounding recent bank credit issues are exaggerated, viewing them more as fraud-driven opportunities rather than economic threats. Derek discusses his strategic approach to managing both a hedge fund and a mutual fund, highlighting how different investor bases influence their operations. He also delves into the importance of thought leadership and building an audience, emphasizing the role of proactive investor outreach.
Oct 16, 2025 • 36min
Bringing Long/Short Hedge Fund Strategies to ETFs | David Orr (Bonus Episode)
David Orr, a seasoned long/short equity investor and manager of the Militia Long/Short Equity ETF, dives into the dynamics of blending hedge fund strategies with ETFs. He shares insights on why he launched an ETF alongside a successful hedge fund, discussing liquidity management and compliance challenges. David reveals how ETFs can attract diverse investors and the importance of transparency. He also discusses regulatory hurdles and marketing tactics, while emphasizing the nuanced costs of trading in these structures. A rich conversation for finance enthusiasts!
20 snips
Sep 30, 2025 • 23min
How Analyst Compensation & Incentives Impact Hedge Fund Success with HF Reflections (Bonus Episode)
In this engaging discussion, HF Reflections, an anonymous hedge fund practitioner, delves deep into how analyst compensation shapes hedge fund dynamics. They explore the importance of aligning incentives to promote idea sharing and mitigate mistakes. HF Reflections advocates for stable cash compensation over volatile equity for analysts and emphasizes the need for transparent reward systems. They also highlight the significance of candid career conversations to tailor roles and support entrepreneurial ambitions within teams.
Sep 25, 2025 • 1h 6min
Top Crypto Fund of Funds on the Current Crypto Cycle, Hedge Funds, & VCs | Pure Crypto LP
Zach Lindquist and Jeremy Boynton, managing partners at Pure Crypto, dive into the evolving landscape of the crypto market. They discuss how ETFs and treasury companies are reshaping market dynamics and impacting traditional investment flows. The duo shares insights on their selective approach to manager allocation, favoring seasoned operators who have weathered market cycles. They also touch on the implications of regulation changes, their decision to avoid market-neutral strategies, and why understanding real-world crypto use cases is crucial for future success.
37 snips
Sep 16, 2025 • 59min
Outperforming the S&P 500 & Growing from One-Man Shop to Multi-Manager Hedge Fund | David Orr of Militia Capital
David Orr, CIO and founder of Militia Capital, shares insights on his hedge fund's impressive growth from $3M to over $160M since 2021. He emphasizes the importance of risk management and uncorrelated investment strategies, challenging common practices among hedge fund managers. Orr critiques value trap investors and discusses his unique approach to compliance and transparency. He also highlights the impact of market dynamics on trading strategies and the significance of effective collaboration among portfolio managers for finding innovative investment opportunities.
14 snips
Sep 9, 2025 • 1h 23min
How this Small Cap Hedge Fund Took Advantage of Crisis & Controversy to Reach Scale | Stoic Point Capital Management
Cullen Rose and Raj Shah, co-founders of Stoic Point Capital Management, dive into their journey of capitalizing on the SPAC boom and adapting their investment strategies. They discuss the significant impact of AI on their research methods and cost structures, revealing how technology reshapes finance. The pair also highlight the complexities of maintaining investor relations amidst evolving market dynamics and the shift towards small-cap investments, all while emphasizing the need for transparency and adaptability in a competitive hedge fund landscape.
44 snips
Sep 3, 2025 • 58min
How AI Tools Are Rapidly Disrupting the Investment Industry | Brett Caughran & David Plon
Join Brett Caughran, founder of the buyside training academy Fundamental Edge, and David Plon, CEO of Portrait Analytics, as they dissect the AI revolution in the investment world. Discover how AI is transforming decision-making and influencing the roles of portfolio managers and analysts. They explore the current state of AI adoption among hedge funds and the importance of clear communication when using AI tools. With insights on the challenges and opportunities AI presents, this conversation is vital for anyone in finance.
34 snips
Aug 27, 2025 • 1h 32min
Climbing the Hedge Fund Ladder: From Analyst to Hedge Fund Founder
In this insightful discussion, HF Reflections—an anonymous expert from the FinTwit community—shares his transformative journey from analyst to hedge fund founder. He highlights the importance of balancing passion with compliance in finance and offers valuable lessons on personal branding. The conversation touches on the challenges of AI in investment research, as well as the intricate dynamics of launching a hedge fund. HF emphasizes the significance of perseverance, authenticity, and building investor relationships in a competitive landscape.
Aug 19, 2025 • 50min
The Golden Age of Fundamental Commodities Trading with Tor Svelland of Svelland Capital (18.5% Annualized Since Inception)
Tor Svelland, CIO and Founder of Svelland Capital, shares insights from his successful journey in commodities trading, having achieved over 18.5% annualized returns since 2017. He discusses the thrilling current landscape for commodities, fueled by new market entrants and structural undersupply. Svelland highlights the challenges of ESG ratings, the impact of geopolitical factors, and the importance of understanding global supply chain shifts. He emphasizes the need for seasoned traders and offers advice for emerging commodities professionals.
