Trox
205 posts





This guy beat the market for 17 straight years trading a sector many investors have written off post-2008 Derek Pilecki (@gatorcapital) runs a financials-only fund. 21%+ annualized. His edge? A corner of the market many investors moved away from after the GFC. We cover: - Why he expanded from 25 → 40 positions and returns went UP - His counterintuitive rule: buy higher, not lower (positions get LESS risky as they rise) - The Robinhood call — bought late 2023, rode it to a multibagger - Why he's quietly watching FactSet, Morningstar & Verisk right now - His view on private credit risk (and why he disagrees with Jamie Dimon) - How he uses AI to analyze more stocks without losing his edge - Why markets chronically underreact to good news — and how to exploit it - The brutal career reality no one tells young PMs about Highlights: 00:00 Intro 01:06 Derek's +21% annualized return track record 02:50 Fundamental business change vs market noise in Robinhood 05:25 Portfolio construction: Concentration limits and adding to winners 09:09 Sourcing alpha and identifying three-year doubles in financials 12:44 Developing edge through repetition and management team cycles 14:16 Why the post-GFC regime fundamentally changed bank underwriting 17:07 Assessing tail risk and leverage in the private credit market 21:23 AI-driven market dispersion and identifying moaty businesses 24:11 Why shareholder base turnover matters for timing broken charts 29:37 Integrating AI into fundamental research and SEC filing analysis 35:39 Risk management: Permanent capital loss vs mark-to-market volatility 37:12 Capacity constraints: Optimizing for returns over AUM scale 50:39 Career risk and the reality of active money management

@reisnertobias Hyperliquid will flat out win prediction markets



i reached out to the hl team with a marketing proposal related to my project they replied: “hyperliquid does not do marketing” that blew my mind just imagine what would happen to the $HYPE price if they started doing marketing


Introducing Dexscreener Crowdfund Crowdfund Dex updates with other traders, exclusively on Terminal: - Create & manage crowdfund campaigns - Contribute any amount - Withdraw contributions at any time Make the switch.

New shielded spot pairs live. $KNTQ/USDH and kHYPE/USDH - Silhouette was always heavily @Kinetiq_xyz coded. $PURR/USDC - the most tracked cat on Hyperliquid just disappeared. For the culture. Also live: - USDT0/USDC - USDE/USDC - XAUT0/USDC - PUMP/USDC - FART/USDC All shielded. All live. More to come. app.silhouette.exchange 🖤

Benchmarks tell you if AI is smart, markets tell you if AI is right. So we built Alpha Arena Compute -> alpha -> more compute We're building the best team in the world at the intersection of frontier AI research x markets @the_nof1, DMs are open







