The guest is a man of many mysteries and even more alpha on paper.

He's a former quant analyst at RBS and Rates trader at TD Securities and the men who once managed

a $40 billion portfolio as head of global rates at CalPERS.

We are now joined by Joy Patak, the Wizard of Soho. Hello.

Hi, how's it going? Thanks for having me, guys.

Yeah, of course. Thanks for being here. How's your consensus been going?

It's been great. Great weather today. I'm happy to be here. A lot of great information, learning a lot,

and happy to be chatting with you great guys.

You're going to be on stage talking leverage never died, perps, basis trades, and the

return of the DGens. Talk to us about what you're going to talk about. What are some

sites that you call our audience about. Exactly. I think we're in this new age of leverage,

more so that we've ever seen in history,

especially in crypto with all the new dexes that are out.

I think there's a lot of knowledge out there that people still need to learn,

everything from risk management to being able to use leverage to advantage.

I feel like a lot of times people kind of don't understand that you can use it in a good way rather than just gambling. And, you know, I just want to kind of, you know, give that information out,

help people, you know, become better traders, and be able to utilize things more than just being a degenerate in Kirpter.

Anthony, you were at the institutional summit yesterday, right?

When you think about your institutional partners and you hear the wizard talking about

leverage and DGens, how do institutions hear this message and take it in?

Does he sound like a madman?

Well, first of all, he's very accomplished guy. He's very successful, so he's

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