All-In Summit: Jenny Just on Peak6, the female market correction, poker, and risk
- Sep 28, 2023
- 29:02
- Full Episode
This talk was recorded live at the All-In Summit 2023 at Royce Hall on UCLA's campus in Los Angeles.
(0:00) Besties welcome Jenny Just to All-In Summit ‘23! (2:20) APEX Fintech Solutions (4:48) PEAK6 returns and investment philosophy (07:36) Managing risk (09:22) The female market correction and Poker Power (14:22) Repetition of risk (18:15) Gender differences as third rail (20:40) Expected value and probability (24:17) Safe spaces, risk and loss
Follow Jenny: https://twitter.com/JenniferJust8
Follow the besties: https://twitter.com/chamath https://linktr.ee/calacanis https://twitter.com/DavidSacks https://twitter.com/friedberg
Follow the pod: https://twitter.com/theallinpod https://linktr.ee/allinpodcast
Intro Music Credit: https://rb.gy/tppkzl https://twitter.com/yung_spielburg
Intro Video Credit: https://twitter.com/TheZachEffect
Relevant links: https://www.jennyjust.com/ https://peak6.com/ https://apexfintechsolutions.com/ https://pokerpower.com/
Brief Summary
Jenny discusses women in finance, her company Peak 6, and the Poker Power initiative to teach women poker skills.
Key points
- Jenny's Journey in Trading. Jenny co-founded Peak 6 in 1997, transforming it into a multi-billion dollar firm.
- Teaching Women Poker Skills. Jenny's initiative aims to teach a million women poker, empowering them with essential life skills.
- The Fallacy of Psychological Safety. Exploring the misconception of psychological safety in the workplace.
- Understanding Slugging Percentage. A lesson on managing failure and risk in business.
- The Market's Uncertain Future. Discussing the unpredictable nature of the financial market and potential shifts.
Episode highlights
- Jenny's Journey in TradingJenny co-founded Peak 6 in 1997, transforming it into a multi-billion dollar firm.“I invested in the proposition that a female trader could hang with the guys.”5:01Sep 28, 2023
- Teaching Women Poker SkillsJenny's initiative aims to teach a million women poker, empowering them with essential life skills.“We're on a mission to teach a million women this game.”11:09Sep 28, 2023
- The Fallacy of Psychological SafetyExploring the misconception of psychological safety in the workplace.“Psychological safety is a fallacy.”25:00Sep 28, 2023
- Understanding Slugging PercentageA lesson on managing failure and risk in business.“We're hitting for slugging percentage, which means huge error rates.”26:37Sep 28, 2023
- The Market's Uncertain FutureDiscussing the unpredictable nature of the financial market and potential shifts.“It's ready, and it can snap one way or another.”27:51Sep 28, 2023
