Uploaded August 2021 | Updated September 2026, 2 weeks ago
In this episode of UpOnly, Cobie & Ledger talk to Sam Trabucco, co-CEO of Alameda Research. We discuss trading, where the market is, figuring out what we're good at, cycles, and more.
Presented by FTX: uponly.tv/ftx
0:00 – Intro
03:15 – Sam’s current role / How has he performed?
09:35 – State of the market
13:00 – How do you position in times of uncertainty?
15:30 - New ecosystem plays
18:10 - Evaluating past choices
21:45 - Cobie impersonates Sam
23:00 - NFTs / Rocks
31:00 - Social signaling vs. quantitative analysis
32:10 - How much do options influence Alameda?
36:10 - How big is Alameda?
38:20 - Balancing the Co-CEO role
39:50 - Standardized tests
41:10 - Decision making process / balancing conflicts
44:10 - How to get a job at Alameda?
46:30 - Base pay and profit structures at trading firms
51:04 - Arbitrage opportunities
54:19 - Potential future scenarios / Funds buying smaller cap coins
59:40 - Tax implications and seasonality
1:02:10 - Ethereum and EIP 1559
1:04:30 - Managing multiple scenarios / probabilities / overanalyzing
1:07:56 - How do you act after a trade goes the wrong way?
1:10:17 - Managing tilt / poker experience
1:13:50 - Leverage limits for the fund
1:16:00 - Options / dangers of being unhedged / taking it slow
1:20:30 - How would you manage a bear market?
1:26:15 - What would you do if it weren't for crypto?
1:28:30 - Questions from the chat
In this episode of UpOnly, Cobie & Ledger talk to Sam Trabucco, co-CEO of Alameda Research. We discuss trading, where the market is, figuring out what we're good at, cycles, and more.
Presented by FTX: uponly.tv/ftx
0:00 – Intro
03:15 – Sam’s current role / How has he performed?
09:35 – State of the market
13:00 – How do you position in times of uncertainty?
15:30 - New ecosystem plays
18:10 - Evaluating past choices
21:45 - Cobie impersonates Sam
23:00 - NFTs / Rocks
31:00 - Social signaling vs. quantitative analysis
32:10 - How much do options influence Alameda?
36:10 - How big is Alameda?
38:20 - Balancing the Co-CEO role
39:50 - Standardized tests
41:10 - Decision making process / balancing conflicts
44:10 - How to get a job at Alameda?
46:30 - Base pay and profit structures at trading firms
51:04 - Arbitrage opportunities
54:19 - Potential future scenarios / Funds buying smaller cap coins
59:40 - Tax implications and seasonality
1:02:10 - Ethereum and EIP 1559
1:04:30 - Managing multiple scenarios / probabilities / overanalyzing
1:07:56 - How do you act after a trade goes the wrong way?
1:10:17 - Managing tilt / poker experience
1:13:50 - Leverage limits for the fund
1:16:00 - Options / dangers of being unhedged / taking it slow
1:20:30 - How would you manage a bear market?
1:26:15 - What would you do if it weren't for crypto?
1:28:30 - Questions from the chat
