Dmitry Balyasny, CEO and founder of Balyasny Asset Management, is an elusive legend of the investment business. In this interview with Real Vision CEO Raoul Pal, Balyasny gives an inside glimpse of the hedge fund industry, discussing his full investment philosophy on idea generation, asset allocation, position sizing, and risk management. Balyasny, who runs a multi-strategy book across many different funds, discusses the role of global macro investing within other strategies such as long/short and risk arbitrage. He emphasizes the importance of stress testing and correlation analysis. Balyasny also shares his thoughts on the hallmarks of a great investor as well as his views on the current investment environment and the resurgence of retail trading. Filmed on September 29, 2020.