Ep. 1218: Salem Abraham Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6 • 732 Ratings

🗓️ 25 September 2023

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

My guest today is Salem Abraham, the President of Abraham Trading. Salem graduated cum laude from the University of Notre Dame in December 1987 with a bachelor's degree in finance. He began his investing career as a futures trader while still in college, using quantitative models to trade global futures markets beginning in 1987. Throughout his career, Salem has managed investments in stocks, bonds, options, derivatives, and private equity. He has held full membership seats at both the Chicago Mercantile Exchange and the Chicago Board of Trade. Salem has bought and sold more than 200,000 acres of land and resources. He manages investments in oil and gas properties, wind rights and residential, commercial, and agricultural real estate properties.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

His personal background and values
Meeting Jerry Parker and his trading strategy
Influence of individuals like Richard Dennis, Jim Simons, and Paul Tudor Jones on trading
Concerns about extreme events and risk management
Diversification
Inflation and its impact on stocks
The role of trend following and CTAs

Jump in!

---

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

Click on a timestamp to play from that location

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 Covel, not filtered, raw, honest.
0:27.4	That's my passion.
0:33.5	My guest today is Salem Abraham.
0:36.0	Salem has been featured in my book trend following. He has been
0:38.9	featured in my book, The Complete Turtle Trader. He has also appeared in my film Broke, and he has
0:44.8	appeared on this podcast before. One of my favorite conversations to have with anyone is with
0:50.4	Salem Abraham. He's down to earth. He thinks big.
0:54.5	He thinks detailed.
0:56.2	He thinks about things that most people don't think about.
0:59.7	And he's willing to talk about those things.
1:02.7	Without any further delay from me, let's jump right into my guest today.
1:07.0	Salem Abraham.
1:08.0	I hope you enjoy.
1:17.3	Music Salem Abraham. I hope you enjoy. I did an interview with Jerry Parker recently.
1:19.9	I saw that.
1:20.8	I didn't say something about rolling, and he just started shit talking.
1:27.0	Anyways, how are you?
1:28.9	I'm well.
1:29.6	Yeah, life's good.
1:31.0	Everybody's kids growing up, me growing up, everybody getting older, but everybody's
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Michael Covel, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Michael Covel and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.