Rishi holds a unique market philosophy. He believes that today’s highly computerized, competitive markets make alpha a very rare commodity. Sourcing less understood, non-traded, human capital intensive, and unique opportunities that often have no competing bid is the defining philosophy at Orthogon. Rishi provided an interesting counter-perspective to the mechanically minded crowd at the Summit, helping tie in a discussion of opportunity sets in less liquid assets, which is relevant for managed funds moving into new markets. Rishi presented his journey from academia to Two Sigma to Orthogon and how he developed his unique ideas on alpha, while demonstrating, with examples, the lengths he goes to find new investments.