“Market Crashes Are Good for My Strategy” - One-Man Hedge Fund PM George Livadas

Podcast: Odds on Open · Ethan Kho

Opublikowano: 2026-05-14

Apply here: https://onyxcapitalgroup.com/uni-studentsGeorge Livadas, Portfolio Manager and founder of Peregrine Capital, joins the show to break down the mechanics of running a concentrated, defensive long/short strategy as a solo PM. We explore how George generates alpha by systematically avoiding "hedge fund hotel" crowding, focusing instead on microstructure edges within niche sectors like non-bank financials and packaging to maintain a variant view. George details his portfolio construction framework—balancing core quality compounders with tactical value—and explains the math behind delivering equity-like returns while maintaining a beta-adjusted net exposure of approximately 35%.The conversation shifts to the evol...