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Top Traders Unplugged

BO103: Trend Following Explained in Less Than 15 Words

Top Traders Unplugged

Niels Kaastrup-Larsen

Business, Business News, Investing, News

4.8670 Ratings

🗓️ 22 June 2020

⏱️ 2 minutes

🧾️ Download transcript

Summary

Why the term ‘Managed Futures’ may be misleading for some.

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50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE

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2. Daily Trend Barometer and Market Score

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And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here

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Transcript

Click on a timestamp to play from that location

0:00.0

I got someone, Dave, sent us an email or send me an email this week with a tweet, a quote.

0:11.2

It was something related to, I think, an article where a TEDx producer or TEDx were trying to do a topic of presentations.

0:22.6

You know, how can you distill your message down to 15 words?

0:26.7

And there was a tweet out there that did exactly that.

0:30.2

And this particular person, and I'll reveal who it is in a second, tweeted the following.

0:35.6

Uncorrelated, diversified, long, short, FX, fixed income, stocks, and

0:40.8

commodities, low-cost, systematic, long-term trend following.

0:46.0

And of course, it was you, Jerry, if you remember that.

0:49.4

I do, and I didn't quite make it under 15.

0:51.7

I think it was 16 or 17.

0:57.3

Yes, it does end up with saying almost. Yes. I think it's very important to be able to break it down like that. Managed futures,

1:04.7

quote unquote, just doesn't make it for me. Maybe you could add a few more, take out the low cost, whatever, but it's very,

1:13.7

very important to be able to, and then walk away. And it's perfectly fine. Once again, I'm more in

1:20.1

the camp of, I was perfectly clear. They don't need more education. There is no more to say

1:27.0

as a 25-year-old when I read

1:31.0

pretty much those same words, I thought this is the greatest thing ever. And rather than,

1:37.2

I think this is, you know, there's just a rare group of people. What we do is difficult. It's rare.

1:41.8

It's hard. It's somewhat counterintuitive and we're happy with

1:45.6

that so we don't get everyone on the planet agreeing to invest with us no surprise we'll find

1:54.2

the few who are willing to hang in there because once again they've got to hang in there as well

1:57.6

and be confident and get it. Yeah, absolutely.

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