Top Traders Unplugged
1,184 episodes - English - Latest episode: about 1 month ago - ★★★★★ - 509 ratingsExplore the captivating world of investing with Niels Kaastrup-Larsen and his incredible co-hosts. Each week, we delve into engaging conversations with renowned investors, top economists, expert traders, and visionary thought leaders. Our discussions cover Trend Following, Global Macro, Geo-Politics, Commodities, Quant Investing, Crypto, Volatility, and much more. Unlock valuable insights from seasoned professionals, celebrating their triumphs and learning from their obstacles. Tune in every week to stay informed and inspired in the dynamic world of trend following, global macro and investing. For the latest episodes and blog posts, visit https://toptradersunplugged.com
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Episodes
TTU133: How to deliver Convexity ft. Nigol Koulajian & Mike Harris of Quest Partners
February 20, 2023 13:00 - 1 hour - 104 MBToday, we are joined by Nigol Koulajian and Mike Harris from Quest Partners, for a conversation on how they use a research driven, quantitative and systematic trading approach to generate alpha. We discuss how they generate convexity and why they have chosen to focus on short-term time frames, why they believe some investors have become too focused on Sharpe and how they use trend following and crowding in their process. We also discuss how they use an adaptive learning technique to understa...
SI231: The Perfect Fit for Trend Following ft. Richard Brennan
February 19, 2023 06:30 - 1 hour - 107 MBRichard Brennan joins us to reflect on the learnings so far from the new CTA series. We also discuss how to set your stop loss when entering a new position and why you should not allow your trend models to go "backwards", how to fit your model to price data and why it is important to understand the signal to noise ratio in your trading to avoid overfitting. Additionally, we discuss how random entries can work for your models, but why they are not truely random and the challenge of separating...
TTU132: Ed Tricker, CIO of Quant Strategies at Graham Capital Management
February 17, 2023 01:30 - 1 hour - 105 MBToday, we are joined by Dr. Edward Tricker, Chief Investment Officer of Quantitative Strategies at Graham Capital Management, joined Top Traders Unplugged for a discussion on Graham's approach to quantitative macro investing. The discussion touches on a variety of interesting topics including the evolution of trend-following, diversification, portfolio optimization, and "crisis alpha." Dr. Tricker also discusses how Graham partners with investors to help them solve for their specific portfo...
TTU132: Trend Following Evolution ft. Ed Tricker, CIO of Quant Strategies at Graham Capital Management
February 17, 2023 00:30 - 1 hour - 105 MBToday, we are joined by Dr. Edward Tricker, Chief Investment Officer of Quantitative Strategies at Graham Capital Management, joined Top Traders Unplugged for a discussion on Graham's approach to quantitative macro investing. The discussion touches on a variety of interesting topics including the evolution of trend-following, diversification, portfolio optimization, and "crisis alpha." Dr. Tricker also discusses how Graham partners with investors to help them solve for their specific portfol...
GM34: When Geopolitics meets Global Macro ft. Jacob Shapiro & Roger Hirst
February 15, 2023 06:30 - 1 hour - 101 MBToday we are joined by Jacob Shapiro and Roger Hirst. Jacob is the Geopolitics Editor at financial media company Lykeion, co-author of a monthly research publication focused on the converging worlds of Geopolitics and Macro, Partner and Director of Geopolitical Analysis at Cognitive Investments, and Founder and Chief Strategist of the business and political risk consulting firm Perch Perspectives. Roger is the Macro Editor at financial media company Lykeion and the Managing Editor of Real Vi...
TTU131: How CTAs manage their Cash ft. Mike Kastner, Principle & Co-Founder at Halyard Asset Management
February 13, 2023 05:00 - 47 minutes - 65.6 MBToday, we are joined by Mike Kastner, Principle and Co-Founder at Halyard Asset Management, for a conversation on how they use fixed income instruments to manage the cash of many CTA portfolios. We discuss how managers have evolved in terms of the way they manage cash, how Halyard Asset Management construct a portfolio from a liquidity point of view and the current state of liquidity, how they approach credit rating and why they avoid buying paper from certain banks. We also unpack what they...
SI130: Trend Following in the Age of Disconnect ft. Mark Rzepczynski
February 12, 2023 05:00 - 1 hour - 109 MBToday, Mark Rzepczynski joins us at the end of another Fed driven week. We discuss the pros and cons of being a long term trend follower compared to a short term trend follower in terms of performance and Sharpe Ratio, and why you would want to apply the same rules to long and short sided trades, how to understand long and short term volatility, the advantages of being a systematic manager and the limits to how much AUM a manager can handle, how Rzepczynski will be focusing on change point d...
TTU130: Trend Following Solutions ft. Marty Lueck, Co-Founder of Aspect Capital
February 10, 2023 06:00 - 1 hour - 90 MBToday, we are joined by Marty Lueck, Co-Founder of Aspect Capital, for a conversation on their systematic investment process, with a primary focus on research. We discuss why bias is a core element of Aspect Capitals investment philosophy, the essence of trend and why trend strategies work, as well as how they work together with their investors to create the most optimal portfolio for them. We also explore Lueck's analogy of trend as "medicine" and why it is important to give the medicine t...
GM33: Drilling into the Oil Market ft. Rory Johnston
February 08, 2023 13:00 - 1 hour - 91.8 MBToday we are joined by Rory Johnston, founder of Commodity Context, a physical commodities research firm based in Toronto, Canada. We talk about Rory’s in-depth research focused on the oil sector, as well as the current narratives impacting the price of oil right now. We discuss his deep dives into the workings of the oil industry, focused on adding a broader perspective to price assumptions and market fluctuations. From Russia’s invasion of Ukraine to China’s Covid lockdown, Rory shares his...
TTU129: Trend Following Nordic Style ft. Svante Bergström, CEO & Founding Partner of LYNX Asset Management
February 06, 2023 03:30 - 1 hour - 92.2 MBToday, we are joined by Svante Bergström, Founding Partner and CEO of Lynx Asset Management, for a conversation on how they incorporate trend following in their trading strategy, through the use of a multi-strat approach. We discuss why they believe trend following will continue to work for the next hundred years and how they ensure a good balance between achieving a high Sharpe while maintaining the trend following profile, what they have learned from 2022 and how they used diversifying mod...
SI229: Managed Futures - The Ultimate Diversification Tool? ft. Andrew Beer
February 05, 2023 08:00 - 1 hour - 93.1 MBToday, Andrew Beer returns to the podcast for a conversation on Trend Following & Managed Futures more broadly, where we reflect on what happened in the first month of 2023 and the outlook for rest of the year. We also discuss why many investors started to panic in the last half of 2022 and why Managed Futures is such a powerful "companion" strategy, the recent change of sentiment to stocks and bonds and why we should sometimes just trust the evidence. We round things off with a deep dive in...
TTU128: Trend Following for Life ft. Marty Bergin, President of DUNN Capital Management
February 03, 2023 04:30 - 1 hour - 95.1 MBToday, we are joined by Marty Bergin, President of DUNN Capital Management, for a conversation on how and why they have continued to focus on Trend Following as their core investment strategy. We discuss the challenges of improving upon trend following and if it's possible to deliver it with a high Sharpe Ratio, what differentiates DUNN Capital from other trend followers and how they use research to stay well prepared. We also dig into their approach to trading futures and determining trends...
IL13: A Biography of the Dollar ft. Perry Mehrling
February 01, 2023 11:30 - 1 hour - 96.2 MBToday, Perry Mehrling, Economist and internationally recognized expert on our monetary system, joins us to talk about his new book: “Money and Empire: Charles P. Kindleberger and the Dollar System”. Perry’s book is a “biography of the dollar” told through the life “Charlie” Kindleberger, an economist who helped craft the Marshall Plan and spent his life studying and writing about the best way to organize international money. We discuss why Charlie thought the world needs a “key currency” and...
TTU127: Trend Following L.A. Style ft. Ryan O' Grady, Co-Founder & CEO at ROW Asset Management
January 30, 2023 08:30 - 1 hour - 101 MBToday, we are joined by Ryan O’ Grady, CEO and Co-Founder of ROW Asset Management, for a conversation on their all-weather, multi-strat approach to investing. We discuss the philosophy behind their trading strategy and why they choose to think holistically, why limiting yourself to trend following is a disadvantage and how they balance between simplicity and complexity in their research process, what they believe is the right number of markets to trade and how they diversify their portfolio....
SI228: Are Markets Priced for Perfection? ft. Alan Dunne
January 28, 2023 23:00 - 1 hour - 84.1 MBAlan Dunne joins us for the weekly conversation on Trend Following, where we reflect on the current macro environment and how it impact markets. We discuss how the apparent positivity in the markets might get derailed by the lack of cooperation from policy makers and how a lurking uncertainty is threatening the calmness of the markets, the performance of the CTA industry, which markets are the best to trade and how the speed of your trend system affects the outcome, how CTAs capitalize on pe...
TTU126: Trend Following + Something ft. Kevin Cole, CEO & CIO at Campbell & Co.
January 27, 2023 05:00 - 1 hour - 102 MBToday, we are joined by Kevin Cole, CEO and CIO at Campbell & Co, for a conversation on their approach to using trend following in their trading, with a focus on absolute return. We discuss their investment philosophy and the evolution of their expanded trading strategy, how they moved beyond pure trend using equities and how they use a multi-strat approach to stay diversified. We also discuss how they feel about being replicated and how they use their research process to keep an edge over t...
IL12: How to Invest ft. David Rubenstein
January 25, 2023 06:00 - 57 minutes - 79.5 MBToday, Kevin Coldiron is joined by the legendary David Rubenstein, Co-Founder and Co-Chairman of the Carlyle Group, philanthropist, historian and more, for a conversation on what we can learn from his journey to become a billion dollar investor, based on his book, “How To Invest”. We discuss what Rubenstein learned from his work as a lawyer and what young, aspiring investors can learn from his book, why it is important to work with something you love to do and why investors are an important ...
TTU125: Trend Following vs Short Term ft. Michael Pomada, President & CEO at Crabel Capital Management
January 23, 2023 05:00 - 1 hour - 112 MBToday, we are joined by President and CEO of Crabel Capital Management, Michael Pomada, for a talk on their approach to trend following as well as short-term strategies. We discuss the trading philosophy behind Crabel Capital Management and why they choose to primarily be long vol, what role the Sharpe Ratio plays in their trading strategy and how they use data in their research process to understand markets, how being de-siloed helped them to make 2022 their best year in terms of research a...
SI227: Trend Following in an Uncertain World ft. Richard Brennan
January 21, 2023 05:00 - 1 hour - 117 MBRichard Brennan joins us for a weekly conversation on Trend Following, where we reflect on the new TopTradersUnplugged mini series and how the beginning of 2023 has been so far. We also take questions from listeners regarding backtesting methods and how Richard uses backtesting to manage risk, rather than predict expected returns. Additionally, we discuss why trend followers should be more aware of uncertainty and outliers, why Richard is a tail hunter and why he compares it to surfing, how ...
TTU124: Trend Following with a Twist ft. Harold de Boer, Managing Director at Transtrend
January 20, 2023 05:00 - 1 hour - 101 MBToday, we are joined by Harold de Boer, Head of R&D and Managing Director at Transtrend, for a conversation on their unique approach to trend following. We discuss the investment philosophy at Transtrend and what makes them stand out against other investors, why markets trend and what history can teach us about trend following, how the war in Ukraine impacts markets and how Transtrend stays diversified. We also discuss why Transtrend has not deviated from trend and the importance of differen...
GM32: Commodity Super Cycle in Full Force ft. Jeff Currie
January 18, 2023 05:00 - 1 hour - 86.8 MBIn this episode, Cem and Niels are joined by Jeff Currie, Head of Commodities Research at Goldman Sachs, for a conversation on the shifts in global natural resources that we are witnessing right now. We discuss how the focus on de-carbonization has impacted the economy and why the low income group is actually the key driver of inflation, why Currie believes markets are set up for a recession in 2023 and how the war in Ukraine causes disruptions in energy infrastructure. We also discuss why O...
TTU123: Trend Following Master Class ft. Russell Korgaonkar, CIO at Man AHL
January 16, 2023 05:00 - 1 hour - 92.7 MBIn this first episode of the new mini series with the largest and most successful trend followers in the world, we are joined by Russell Korgaonkar, CIO at Man AHL, for a conversation on how Man AHL uses trend following in their trading strategy. We discuss the philosophy behind their work and why they believe trend following is a great strategy, as well as what makes Man AHL stand out to investors and how they make trend following more digestible while maintaining "crisis alpha". We also di...
SI226: Trend Following - the Do's & the Dont's ft. Rob Carver
January 15, 2023 07:00 - 1 hour - 91.4 MBToday, Rob Carver returns to the show for the first weekly trend following conversation in 2023, where we discuss the unusual situation with the vol market and how to use stops and moving average crossovers when entering and exiting trades, what it takes to run a trend following portfolio in 2023 and why it is not for everyone, how Kurtosis and skew is used in managed futures, Rob's process of picking parameters and why using a mixture parameter speed is the most optimal approach. We also di...
IL11: How China Derailed Its Peaceful Rise ft. Susan Shirk
January 11, 2023 12:00 - 1 hour - 85.9 MBToday, Susan Shirk, Professor and expert in the US/China relationship and Chinese politics, joins us for a conversation on China’s rise to power, based on her new book, “Overreach: How China Derailed Its Peaceful Rise”. We discuss Susan’s research process and what laid the foundation for the book, the evolution of the control regime in China and how China has been taking things too far, how corruption affects Chinese politics and how Xi Jinping’s attempt to purge the corruption has led to an...
TTU122: New Amazing CTA & Managed Futures Series
January 07, 2023 05:30 - 37 minutes - 51.4 MBToday, Niels and Alan introduces the new, upcoming mini series that will focus on trend following and managed futures on a broad scale and provide access to the brightest minds within our industry. We set the stage by discussing what kind of year 2022 turned out to be for CTAs and how the idea for the mini series emerged, what we expect and hope to achieve from our conversations with these top-tier managers and some of the exciting topics that we will bring up in the new mini series. We will...
ALO13: Building Resilient Portfolios with Alternatives ft. Dylan Grice
January 04, 2023 09:00 - 1 hour - 93.8 MBToday, we are joined by Dylan Grice, Co-Founder at Calderwood Capital, for a conversation on how he thinks about portfolio construction through focusing on alternative and niche investments. We discuss how Dylan and his team work and why they shy away from trying to predict the future, how they analyse the current economic situation and why he thinks what happens to inflation and interest rates the next few years is insignificant. We also discuss how they manage the risk of the strategies th...
SI225: 2023...Another Great Year for Trend Following? (TTU Group Part 2)
December 30, 2022 22:15 - 1 hour - 92.7 MBToday, the TopTradersUnplugged team get together for the second part of the year-end group conversation on trend following, leading up to the beginning of 2023. We discuss whether trading more markets is actually better for diversifying your portfolio and how to approach outliers, how fluctuations in interest rates affects volatility strategies and trend followers, both currently and historically. We also discuss whether artificial intelligence can be a viable tool for trading and whether li...
SI224: 2022 the Perfect Year for Trend Followers? (TTU Group Part 1)
December 24, 2022 00:00 - 1 hour - 101 MBToday, the TopTradersUnplugged team get together for a group conversation on trend following and Volatility, leading up to the end of 2022. We discuss the possibility that the carry regime has ended and why 2022 was such a great year for trend following, why “the grind” has been so influential this year and why volatility strategies has been performing different than expected, and how CTAs performance compares to bonds. We also discuss how the volatility market is changing in the coming year...
GM31: The Art of Volatility Investing ft. Dave Dredge
December 21, 2022 12:00 - 1 hour - 110 MBToday, Dave Dredge, CIO at Convex Strategies, returns for a conversation on volatility investing and why he believes the 60/40 portfolio is wrong. We discuss why big pension funds have been suffering major losses and what Dave means by living in a “Sharpe World”, self-organized criticality and how Central Banks have been handling inflation, the relationship between volatility and liquidity and importance of understanding the timeframe that you are trading within. We also discuss how Dave us...
SI223: 2022 an unusual year for Volatility ft. Cem Karsan
December 17, 2022 09:00 - 1 hour - 85.5 MBToday, Cem Karsan joins us to reflect on a week with heavy Fed action and some of the myths surrounding the Fed. We discuss how the behaviour of the Fed impacts inflation and the importance of understanding seasonality, why the discussion between recession and no recession makes little sense and the what direction the markets are heading. We also discuss Cem’s approach to trading the current volatility compression and why 44% of the S&P options volume is in 0 DTE, the key takeaways from the ...
IL10: Chip War (FT's Best Business Book 2022) ft. Chris Miller
December 14, 2022 06:00 - 56 minutes - 77.5 MBToday, Chris Miller, Author and Associate Professor of International History, joins us for a fascinating conversation on microchip technology and its impact on modern day society, based on his book “Chip War: The Fight for the World’s Most Critical Technology” - which just received the Financial Times Best Business Book of 2022 Award. We discuss why semiconductor chips are so important today and the complex manufactoring process behind them, the history and role of the very few companies tha...
SI222: Trend Following vs Tail Hedging to Protect Your Portfolio ft. Rob Carver
December 10, 2022 21:00 - 1 hour - 92.6 MBToday, Rob Carver joins us for conversation on Trend Following with something for the both the individual everyday investor and the trend following nerds. We also catch up on this week's events which included news of the biggest one-week outflow of US Equity Mutual & ETF funds since April 2021 and the news that Blackstone will be limiting investor redemption's in one of their Real Estate funds. We discuss how Rob uses dynamic market selection to diversify his portfolio and how he plans out ...
GM30: The Era of Weather Volatility ft. Shawn Hackett
December 07, 2022 04:00 - 1 hour - 80.9 MBToday, we are joined by Shawn Hackett, Founder of Hackett Financial Advisors, for a conversation on how changes in weather and weather volatility affects the economy and you as an investor. We discuss the role and state of agriculture and the impact of climate change, the mechanisms of the climate and why understanding the big picture of weather cycles is so important, how we are transitioning into a new weather cycle, what it means for the crop production and important indicators for predic...
SI221: Will 2023 be another Trend Following Year? ft. Alan Dunne
December 03, 2022 07:30 - 1 hour - 80.9 MBToday, Alan Dunne joins me to reflect on the month of November and take a peek into 2023. We discuss the equity rally and what it means for the economy, both currently and historically, the cycle of bear markets and why the current period has been unusual. We also discuss the role of diversified managed futures, why short term traders are interesting in that context and how it compares to trend following, the expectations for 2023 and what environment we are heading into, the issues with pub...
ALO12: How to Invest like a Private Bank ft. Shannon Saccocia
November 30, 2022 04:30 - 1 hour - 79.1 MBToday, we are joined by Shannon Saccocia, CIO at SVB Private, for a conversation on how portfolio management and manager selection is carried out at a private bank. We discuss how the current unstable environment has caused a change in investor behaviour and how technology has impacted the economy, what the next phase of investments looks like and how the economic landscape has changed as well as how SVB Private has adapted their asset allocation to the current crisis and the implications of...
SI220: Is It Too Late for Trend Following? ft. Mark Rzepczynski
November 27, 2022 06:00 - 1 hour - 78.6 MBToday, Mark Rzepczynsky joins us for a weekly update on Trend Following, following the release of the minutes from the FED’s Open Market Committee in a week of thin liquidity. We discuss whether trend followers can make money going forward after a great year and if it is "too late" to allocate to trend following, the historical perspective of trend following and what we can expect going forward based on the latest analysis from AQR, and how the fast flow of information impacts trend followin...
GM29: What if the World isn't Ending? ft. Marko Papic
November 23, 2022 03:00 - 1 hour - 90.6 MBToday, we are joined by Marko Papic, Partner and Chief Strategist of Clocktower Group, for a conversation on geopolitical analysis and how it can be used to predict the future, based on his book, “Geopolitical Alpha: An Investment Framework for Predicting the Future”. We discuss why geopolitical analysis should be used and how it can prepare you for the future as an investor, what role politicians play in society and the methods they use to gain voters, how voters are affected by media and t...
SI219: The Impact of Secular Inflation ft. Cem Karsan
November 19, 2022 15:00 - 1 hour - 80.5 MBToday, Cem Karsan joins us for our weekly conversation on Volatility & Trend Following, where we discuss the inverted yield curve and how to protect yourself against secular inflation, how Cem foresee the coming period in terms of Opex, Delta hedging, Vanna etc. and the potential bottom of the markets. We also discuss the importance of the outcome of the U.S election and positive CPI numbers and how it affects volatility, why short term volatility might increase and longer term might compres...
GM28: Draught, Deflation, Default & Global Depression ft. Simon Hunt
November 16, 2022 07:45 - 48 minutes - 55.2 MBToday, we are joined by Simon Hunt, who has decades of experience in the copper industry, for a conversation on the state of the global macro environment, both currently and in the years to come. We discuss climate change and the extreme implications it will have on our lives, how the current state of war will impact the economy and how we are on a path to very high inflation and interest rates. We also discuss why Hunt do not believe we are in a commodity super cycle and how he predicts the...
SI218: Trend Following to the Rescue ft. Richard Brennan
November 12, 2022 20:00 - 1 hour - 94.1 MBRichard Brennan joins us for a very important conversation on Trend Following, where we reflect on the FTX crypto collapse and CPI melt-up. We discuss how the outlook of inflation is changing and how it impacts trends, how the concept of "pants size" relates to different lookback periods as well as stops and the importance of position sizing, the difference between different position sizing schemes and how to best utilize them. We also discuss the trading opportunities that the uncertainty o...
TTU121: Trend Following... from Optional to Essential ft. Nick Baltas
November 09, 2022 09:30 - 1 hour - 83.8 MBToday, Niels and Rob are joined by Nick Baltas, Managing Director at Goldman Sachs, for a conversation on systematic investment strategies. We discuss the difference between a number of systematic trading strategies and the pros and cons of each, how crowding impacts systematic investing and how the narrative created by media affects the systematic investment space, the capacity constraints for CTAs and the impact of costs. We also discuss how big an impact the trend following community has ...
SI217: Finding the Optimal Trend Following Allocation ft. Rob Carver
November 06, 2022 05:00 - 1 hour - 79.2 MBToday, Rob Carver joins us for our weekly conversation on Trend Following, where we also address this week's press conference held by Chairman Powell. We discuss the most optimal time period for trend following and how trend following differ from short-term trading. Then we explain the challenges in the UCITS space and how regulation affects these products, and why it is important to correctly distinguish asset classes and trading strategies from each other. We also discuss Rob’s approach to...
GM27: Central Banks were Warned about their Failed Policies ft. William White
November 02, 2022 12:30 - 1 hour - 99.8 MBToday, we are joined by William White, Economist, Policy Advisor and Policy Maker who worked at the OECD, BIS & Bank of Canada, for a conversation on monetary policy and how it can negatively impact the economy. We discuss the unintended consequences of ultra-easy monetary policies, what has caused the current rebound in inflation and why we have gone from price stability to specific inflation rate targeting. We also discuss how Central Banks have handled inflation and supply shocks, both hi...
SI216: A New Era for Trend Following? ft. Alan Dunne
October 29, 2022 18:00 - 57 minutes - 65.8 MBToday, Alan Dunne joins us for a weekly dose of Trend Following where we reflect on an eventful week, with Elon Musk taking over Twitter, the META stock taking a big hit and much more. We discuss how to approach asset allocation when adding trend following to your portfolio, how to find the optimal allocation and why Trend Following is often the most consistent part of the portfolio. We also discuss why it is important to think about forward looking risks and the idea that we are moving into...
GM26: Out with the FED Put & In with the OIL Put ft. Adam Rozencwajg
October 26, 2022 07:00 - 52 minutes - 59.7 MBToday, we have the pleasure of having Adam Rozencwajg back for another conversation on the global energy crisis, this time primarily focusing on the demand side of the crisis. We discuss oil reserves, OPEC and how disruptions in supplies impact the energy sector, why we are seeing a spike in demand for oil and how investors are changing their trading behaviour to adapt to the crisis, the impact of the rise of the emerging market middle class and the challenges of structural inflation. We als...
SI215: Trend Following vs Volatility to Protect Your Portfolio ft. Cem Karsan
October 22, 2022 00:15 - 1 hour - 72.6 MBToday, Cem Karsan joins us for our weekly conversation on Trend Following as well as Volatility, following yet another fast paced and eventful week. We discuss the challenges of being long volatility in the current environment and how under-performing equity stock market volatility is the new normal, the increased popularity of volatility strategies post 2018 and 2020 and different ways of knowing how the strategies may behave in an inflationary environment. We also discuss concerning liquid...
IL09: The Money Revolution...Rethinking Economic Growth ft. Richard Duncan
October 18, 2022 23:15 - 1 hour - 79.7 MBRichard Duncan, Economist and best-selling Author, joins us for a conversation on new ways of thinking about economic growth and prosperity. We discuss the historical aspects of growth and how credit creation and consumption generate economic growth, how foreign central banks create credit and how it has created an economic bubble in the American economy, how the U.S. economy has become addicted to credit growth and how the combination of a negative wealth effect and credit contraction poses...
SI214: Trend Following & CTA Replication ft. Andrew Beer
October 16, 2022 06:00 - 1 hour - 126 MBToday, we are joined by Andrew Beer, Managing Member at Dynamic Beta Investments LLC, for a conversation on managed futures replication, ETFs and how they have found a way to get these essential strategies into more investor portfolios. We discuss how they do they have constructed the replication strategies and how Andrew have been able to gain enormous traction among advisers. We also touch on why Andrew does not include crypto and how the price of ETF is established. We take lots of questi...
IL08: Why The Best Quitters Win ft. Annie Duke
October 11, 2022 22:15 - 1 hour - 75.3 MBToday, Annie Duke, Author and former professional poker player, joins us for a conversation on learning under certainty and making better decisions in an uncertain world, based on her book, “Quit: The Power of Knowing When To Walk Away”. We discuss when is the right time to quit and what an expedition at Mount Everest can teach us about quitting, why there are no benefits of “learning the lesson the hard way” and why we tend to quit when it is too late, the importance of having kill criteria...
SI213: Trend Following Records are being set in 2022? ft. Richard Brennan
October 08, 2022 21:15 - 1 hour - 85 MBRichard Brennan joins us for a weekly update on Trend Following, where we reflect on what might be the strongest year for Trend Following on record. We discuss the robustness of Trend Following and how it allows investors to survive in times of uncertainty, how to handle stop-loss when calculating ATR and advice for entering and exiting trades. We also discuss trend identification and why you should avoid prescriptive visual methods, what we can learn from the human hearing when identifying ...