Once upon a time, companies went public to raise money. You’d go on a road show to pitch your story and drum up interest, you'd float a big pile of stock, and then you’re off to the races to go build your company. Turns out, that’s not really the case anymore.

Kris Abdelmessih wrote this for experienced options traders who are looking for a new job, but it's really for ANY senior person looking for a new job OR for any firm looking to make a senior hire in any role. If you're not thinking about adverse selection in all of its myriad forms, you're doing it wrong.

The conversation moved from commodities to goods to services to experiences. But what comes next? Joe Pine has spent decades mapping the progression of economic value. Shannon Staton has intuited building it. When they finally meet, they discover they're both after the same thing: how to design transformations.

This episode explores the career, mindset, and investing philosophy of Marc Rubinstein, tracing his journey from equity research in the 1990s through the Global Financial Crisis and into his current thinking on markets, optionality, and decision-making. Through personal stories and market insights, the conversation examines how experience, temperament, and historical awareness shape long-term success in investing and life.