There are thousands of tech and business podcasts out there, but there's just one that you could count on for a weekly dose of the future.

The A16 podcast from Andresen Horowitz.

This show brings you the world's most influential people, movers who have a track record of being both early and right, like Apple co-founder Steve Wozniak or co-founders Mark

Andresen and Ben Horowitz, not to mention folks you typically don't get to hear from, like the very

first chief technology officer of the CIA, from the science and supply of GLP-1s to what drove

the recent deep-seek frenzy, to self-driving cars, drones, and even

boats. Go ahead. Eavesdrop on the future with the A16Z podcast.

Bloomberg Audio Studios. Podcasts Radio News.

Hey, feeling good, Radio News. Everyone on Wall Street is looking for an edge. We deploy quant models, higher analysts, run various simulations, all to gain the slightest

advantage that might be worth a few basis points over a year.

But what if you were overlooking a giant source of alpha?

I'm Barry Riddholtz, and on today's edition of At the Money, we're going to discuss

how Wall Street has been using personal health to gain a competitive advantage. To help us

understand all of this and its implications for your

portfolio, let's bring in Phil Perlman. Previously, he served as executive editor at Stocktwitz

and was chief behavioral officer at the Bank of the Ozarks. Today, he runs the Pearl Institute

focusing on personal health and the process of making effective change.

So, Phil, let's just start with a basic question.

What is fitness alpha?

Fitness alpha is a model of performance.

And we can derive alpha in markets from so many different areas. And, you know, just as a very

brief primer for those who might not know, alpha is this idea of how much we outperform. So if our

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