Capital Allocators – Inside the Institutional Investment Industry Leigh Drogen – Quantamental Approach to Crypto at Starkiller Capital (Manager Meeting, EP.32)
Jun 2, 2022
In this engaging discussion, Leigh Drogen, General Partner and CIO of Starkiller Capital, shares his journey from quantitative finance to the dynamic world of cryptocurrency. He dives into the unique challenges of navigating the crypto landscape, emphasizing the importance of fundamental analysis and risk management. Leigh reflects on his entrepreneurial roots with Estimize and contrasts visions for the future of crypto. With insights from his mentorship experiences, he offers a compelling perspective on the evolving investment strategies and opportunities in both crypto and hedge funds.
AI Snips
Chapters
Books
Transcript
Episode notes
Bitcoin as a Religion
- Leigh Drogen bought Bitcoin in 2013, viewing it as a potential digital religion and investment.
- His macro prediction was correct, but his micro predictions were inaccurate.
Crypto Trading Strategy
- Drogen developed a crypto trading strategy based on momentum and trend following models.
- This was driven by the market's retail focus, leverage, and lack of intrinsic value.
Crypto Asset Selection
- Focus on liquid coins with real users and cash flows when investing in crypto.
- Avoid shitcoins in your core strategy, but consider a separate, high-velocity strategy for them.
