Confessions Of A Market Maker

Patrick Brown: Climate Scientist, Head of Weather Analytics at IBKR On Weather Prediction Markets

June 29, 2026·1h 45m
Episode Description from the Publisher

Patrick T. Brown is a Ph.D. climate scientist — Duke, NASA, NOAA— and now Head of Climate Analytics at Interactive Brokers, where he prices temperature and climate contracts on ForecastEx. We come at weather markets from opposite ends: the trader scanning the books & the scientist who's helping to create them. We come to the same conclusion: the market is a best forecaster you can find. We discuss how academic incentives quietly shape climate science, why a crowd of bettors out forecasts career meteorologists, the best temperature models, AI role in forecasting, and his honest advice for anyone wanting to trade these markets.--------------------------------------------------------------------------------------------------------Patrick on Twitter: https://x.com/PatrickTBrown31Weather Edge Finder: https://x.com/WeatherEdgeFind

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