For our fourth episode, Sohan speaks with Charles Tan, a Portfolio Manager at Pilgrim Partners. Charles primarily trades market-neutral strategies such as basis.

In this episode we cover:

- Charles's origin story and how he made the switch to crypto from TradFi

- How basis provides a steady source of alpha without large drawdowns when crypto tanks

- The evolution of execution strategies for basis from 'two fingers two laptops' to streaming futures spreads orderbooks

- Why despite the emergence of DeFi, centralized exchanges will continue to be the main avenue for basis traders

- Poker!

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