Inside the Billionaire-Backed Prediction Markets Hedge Fund

Podcast: Odds on Open · Ethan Kho

Opublikowano: 2026-08-13

Checkout Flux 4.0 here: https://www.flux.live/flux4/index.htmlCamilo Saravia is the founder of BlueWalker Capital, a systematic hedge fund trading prediction markets — and possibly the only fund dedicated exclusively to the asset class. Backed by Daniel Howard, son of Brevan Howard co-founder Alan Howard, Camilo breaks down how the fund prints alpha across taker and maker strategies, reflexive vs. proactive pricing, and why event contracts carry different adverse selection and binary risk than equities. He makes the contrarian case that insider flow is a feature, not a bug — the mechanism that makes prediction markets a money-backed source of t...