Clark Cheng is the chief investment officer at Merrimac, a private investment firm based in Stamford, Connecticut primarily investing in hedge funds. Prior to Merrimac, Cheng was a hedge fund manager HSBC’s Alternative Investment Group. Cheng was named on Trusted Insight’s 2016 Top 30 Family Office Investors. His interview is divided into two parts. In part one, he discusses how his academic background in psychology informed his decision-making as an investor and why he believes understanding human behavior is essential in any career. He also shares views on innovative investment products and why he thinks some can be problematic.