{"id":"wizard-of-soho","title":"Wizard of SoHo","content":"**Wizard of SoHo** is a Canadian trader, investor, and market commentator. He is the co-founder of the market research publication *Weekly Wizdom* and the Chief Investment Officer at the multi-strategy investment firm 100X Capital. [\\[4\\]](#cite-id-23NMd4ZVtYURn8sR) \n\n## Education\n\nSoHo graduated from the University of Windsor with a Bachelor’s in Applied Science and Mechanical Engineering in 2009. Within the same year, he pursued a PhD in Computational Materials Engineering (PhD) at the University of Wisconsin–Madison, where he conducted research in materials science. In 2011, he earned his Master of Science in Financial Engineering (MFE) from Baruch College. [\\[5\\]](#cite-id-WJ8SiLx5AsWzEk9w) \n\n## Career\n\nSoHo began his career in engineering roles. In 2006, he completed an internship as a Product Engineering Analyst at Siemens VDO Automotive, where he worked on design improvements using computational fluid dynamics. In 2007, he served as a Production Supervisor and Production Analyst at General Motors’ Windsor Aluminum Plant, overseeing production teams and implementing statistical methods to reduce scrap rates. SoHo later worked as a Quantitative Database Analyst (Co-op) at Nemak-Ford, conducting statistical data analysis and developing industrial databases, and as an R\\&D Engineer (Co-op) at Syncrude (ExxonMobil Canada), performing computational and experimental research and developing engineering models.\n\nHe transitioned into quantitative finance in 2010 as a Quantitative Strategist at AQC, where he researched and implemented statistical arbitrage strategies and contributed to academic and instructional initiatives. He subsequently worked as a Volatility Trading Assistant at Carlton Smith LLC. In 2011, SoHo joined RBS Global Banking & Markets, first in Corporate Credit in Stamford, CT, focusing on credit underwriting and risk assessment in the oil and gas sector, and later on the Swaptions desk, where he developed risk and stress-testing tools. From 2013 to 2017, he worked in US Rates Trading at TD in New York City as a systematic quantitative US Treasury bond trader, engaging in relative-value trading and market-making while developing proprietary analytical tools.\n\nIn 2018, he joined CalPERS as an Opportunistic Strategies Trader in Sacramento, where he led global fixed-income trading across developed and emerging markets and managed U.S. government bond portfolios. In 2019, he became Head of Global Fixed Income Trading, overseeing the global rates desk, leverage programs, and fixed-income liquidity strategies within the multi-asset trading group, a role he held until 2022.\n\nSince November 2022, SoHo has been the founder of *Weekly Wizdom*, a market and trading research publication focused on cross-asset and [digital asset](https://iq.wiki/wiki/digital-assets) markets. In September 2024, he became Chief Investment Officer at 100X Capital, a multi-strategy investment firm focused on private equity and [digital asset](https://iq.wiki/wiki/digital-assets) markets, overseeing investments across technology and [Web3](https://iq.wiki/wiki/web3)-related sectors. [\\[1\\]](#cite-id-hZWLyKoQDCRdYtyO) [\\[2\\]](#cite-id-oFc4izaeipXWrZHK) \n\n## Interviews\n\n### Bitcoin Plummets\n\nIn a November 2025 appearance on the *Degenz Live* podcast, SoHo participated in a discussion focused on sharp declines in [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) markets, including [Bitcoin’s](https://iq.wiki/wiki/bitcoin) drop from approximately 84,000 within a month. The conversation examined prevailing bearish sentiment and the possibility that extreme pessimism could signal a market bottom, while also highlighting risks to traders entering short positions at lower levels. Historical price levels were reviewed to assess whether recent declines offered potential buying opportunities, with an emphasis on timing and risk management.\n\nThe discussion also addressed macroeconomic factors, including prospective Federal Reserve rate cuts and their potential effects on equities and [digital assets](https://iq.wiki/wiki/digital-assets). Additional topics included [Ethereum’s](https://iq.wiki/wiki/ethereum) performance amid broader weakness, possible selling pressure from large holders, and the influence of political developments on [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) markets. The episode concluded with audience engagement through a giveaway segment. [\\[10\\]](#cite-id-yOekxS3w5APmBwrW) \n\n[YOUTUBE@VID](https://youtube.com/watch?v=psXuAsut6nU)\n\n### Discipline, AI, & Building\n\nIn an April 2025 interview on the *Liquidated* podcast, SoHo discussed his professional background, including a 15-year career on Wall Street before entering the [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) sector, and described how his experience in macro trading and risk management informed his approach to [digital asset](https://iq.wiki/wiki/digital-assets) markets. He outlined the growing correlation between [crypto](https://iq.wiki/wiki/cryptocurrency) and traditional macroeconomic factors, particularly following developments such as ETF approvals, and noted the evolving market structure. Reflecting on his career path, he described beginning as an engineer before transitioning into macro and bond trading.\n\nDuring the conversation, he emphasized the importance of discipline in trading, particularly the need to manage downside risk and cut losses when necessary. He discussed lessons from previous market cycles, including the tendency to find opportunities during periods of pessimism and excess during euphoric phases. He also addressed current market conditions, describing a tactical approach in uncertain environments while remaining positioned to respond to volatility. Additional topics included the role of community in [crypto](https://iq.wiki/wiki/cryptocurrency) markets, the use of artificial intelligence tools to support research and content production, and reflections on how his risk tolerance and trading philosophy have evolved over time. [\\[3\\]](#cite-id-y6yYOMWRcvGQOKvQ) \n\n[YOUTUBE@VID](https://youtube.com/watch?v=UkJwtDPOhgk)\n\n### Crypto Crash\n\nIn an August 2024 appearance on the *Rekt Radio* podcast, SoHo discussed [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) market conditions amid heightened volatility, referencing the impact of Japanese interest rate changes and drawing comparisons to past financial crises. The conversation addressed fragile market sentiment driven by leverage in both traditional finance and [crypto](https://iq.wiki/wiki/cryptocurrency), volatility in major technology stocks such as Nvidia, and the potential influence of earnings reports on broader markets. He commented on shorting strategies and the risks of overleveraged positions, emphasizing the importance of risk–reward analysis when investing, and identified [Bitcoin](https://iq.wiki/wiki/bitcoin) and [Ethereum](https://iq.wiki/wiki/ethereum) as relatively more stable options than higher-risk assets. The discussion also examined the reliability of market analysts, trends in altcoins, and challenges facing venture capital investments in the [crypto](https://iq.wiki/wiki/cryptocurrency) sector, including the possibility of down rounds. The episode concluded with commentary on [memecoin](https://iq.wiki/wiki/memecoins) volatility and the unpredictable dynamics of [crypto](https://iq.wiki/wiki/cryptocurrency) markets. [\\[9\\]](#cite-id-u0Hi752BHkSiIjsE) \n\n[YOUTUBE@VID](https://youtube.com/watch?v=8TA94FjqgzE)\n\n## Presentations\n\n### Wall Street Secrets\n\nIn a June 2025 *Weekly Wizdom* livestream, SoHo opened by commenting on subdued market conditions and inviting viewers to engage as he reviewed ongoing volatility in [cryptocurrency](https://iq.wiki/wiki/cryptocurrency) markets. He examined [Bitcoin’s](https://iq.wiki/wiki/bitcoin) price action, discussing resistance levels and liquidity dynamics, including the impact of a large [memecoin](https://iq.wiki/wiki/memecoins) presale on broader market activity. The stream included technical analysis of chart patterns, with attention to resistance zones and the possibility of a triple bottom formation in certain assets. He also noted [Ethereum’s](https://iq.wiki/wiki/ethereum) recent gains and their spillover effects on other [cryptocurrencies](https://iq.wiki/wiki/cryptocurrency). Throughout the session, he intermittently participated in online gambling while discussing trade setups, risk management, and market strategy. He emphasized the importance of actively managing positions and adjusting stop levels to mitigate downside risk. The livestream featured continuous audience interaction and concluded with remarks about returning to stream the following day. [\\[7\\]](#cite-id-CLWKIurYYxqLm4Sf) \n\n[YOUTUBE@VID](https://youtube.com/watch?v=TE7vVUfOlLw)","summary":"Wizard of SoHo (Joy Pathak) is a trader, investor, and founder of Weekly Wizdom. 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