Ep. 11: Tim Pickering Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 27 April 2012
⏱️ 63 minutes
🧾️ Download transcript
Summary
My guest today is Tim Pickering, founder/president and lead portfolio manager of Auspice Capital. Pickering has over 15 years of commodity and financial trading experience. Prior to forming Auspice, Pickering was Vice President of Options Trading at Shell Trading Gas and Power in the Houston and Calgary offices. He began his career at TD Securities in Toronto in their elite trading development program and gained experience in a wide expanse of capital market products including foreign exchange, bonds, money markets and derivatives. Ultimately, Pickering held the Senior Trader position for the energy derivatives portfolio. He has extensive experience trading OTC and exchange traded options, futures, swaps and quantitative trend following systems.
The topic is Trend Following.
In this episode of Trend Following Radio we discuss:
- Some of his beginnings
- "Black boxes"
- Indexing
- Classical vs. "next generation" trend following
Jump in!
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I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.
To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/
You can watch a free video here: https://www.trendfollowing.com/video/
Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast
My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel
Hope you enjoy my never-ending podcast conversation!
Transcript
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| 0:00.0 | This is Trend Following Radio, where great thinking comes alive. |
| 0:10.9 | Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings. |
| 0:21.2 | I am your host, Michael Coval. |
| 0:24.0 | Not filtered, raw, honest. |
| 0:27.4 | That's my passion. |
| 0:33.4 | So today on the show, I have Tim Pickering. |
| 0:37.8 | Tim is up in Canada. |
| 0:39.1 | He's going to tell us a little bit more about where he's exactly located. |
| 0:43.3 | But I do know there's quite a bit of oil fund taking place in his location. |
| 0:48.5 | But Tim runs a fund. |
| 0:50.0 | He is the lead portfolio manager of auspice capital. |
| 0:56.0 | And we're going to get into all the details of what that means and all the behind the scenes. |
| 1:01.7 | But Tim, welcome. |
| 1:03.7 | Thank you very much, Michael. |
| 1:05.9 | So, you know, I don't know if you heard me do this recently, but I like to get people to, |
| 1:12.9 | and it's hard for folks in your position because, you know, you guys are, you guys are swinging |
| 1:16.4 | it up there. You're making things happen. But I want to know what Tim was doing back in the day |
| 1:21.8 | because everyone wants to imagine being a fund manager and managing many, many millions of dollars |
| 1:26.9 | for clients. |
| 1:27.8 | And this is the dream that people want to have. |
| 1:29.6 | You're living the dream. |
| 1:30.6 | So what were you doing when you're like 13, 16 teenager? |
... |
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