Arbitrage
Subject in Investing
Arbitrage has come up in 1 episode across 1 podcast in TMT, including My First Million. 1 person has made recorded remarks about it.
What people said
Nick KokonasAmerican former options trader, co-founder of the restaurant Alinea and founder of the reservation software company Tock
Kokonas says his trading firm made over $100 million in one year from the New York–Chicago arbitrage.
“Well, I think that year we made over $100 million”
My First Million: How to find your arbitrage (from the guy who’s done it 3x) ft. Nick Kokonas (Oct 26, 2026) · Listen from 30:09
Kokonas says he deliberately shut down the initial arbitrage to avoid provoking the big investment banks, preferring modest gains over years.
“We're much better off picking their pocket a little bit for years than we are just destroying them on day one”
My First Million: How to find your arbitrage (from the guy who’s done it 3x) ft. Nick Kokonas (Oct 26, 2026) · Listen from 30:54
Kokonas argues that every arbitrage comes down to timescale.
“I am now convinced that every arb is just about time scale”
My First Million: How to find your arbitrage (from the guy who’s done it 3x) ft. Nick Kokonas (Oct 26, 2026) · Listen from 25:00
Podcasts
- My First Million · 1 episode
Episodes
How to find your arbitrage (from the guy who’s done it 3x) ft. Nick KokonasMy First Million · Oct 26, 2026 · 2 h 7 min
Shaan Puri talks with Nick Kokonas about finding arbitrages across trading, the restaurant Alinea, Tock, Napa winemaking and an immersive magic venue.