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    Artwork for Signals and Threads
    Episode

    The Thermodynamics of Trading with Daniel Pontecorvo

    Signals and Threads · Jul 25, 2025 · 59 min
    Episode page

    Daniel Pontecorvo runs the “physical engineering” team at Jane Street. This group blends architecture, mechanical engineering, electrical engineering, and construction management to build functional physical spaces. In this episode, Ron and Dan go deep on the challenge of heat exchange in a datacenter, especially in the face of increasingly dense power demands—and the analogous problem of…

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