Ep. 2: Bob Pardo Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 23 February 2012
⏱️ 38 minutes
🧾️ Download transcript
Summary
My guest today is Bob Pardo of Pardo & Company Limited, a world-class and celebrated asset manager, consultant, strategy development expert, and the creator of Walk-Forward Analysis and the Pardo Validation Process.
The topic is his book The Evaluation and Optimization of Trading Strategies.
In this episode of Trend Following Radio we discuss:
- Pardo's beginnings, his philosophies, and the idea of risk
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. |
| 0:32.7 | So today I am joined by Bob Pardo, Robert Pardo, Pardo Capital Limited. And Bob is one of those guys that, and I think this is going to be for a lot of my podcasts, a lot of the folks that I know in this world, Bob has been there, done that, still doing that, and has a world of experience. |
| 0:57.0 | And I don't want to necessarily, I can look at Bob's bio and I know he went to Northwestern, |
| 1:03.0 | and I know he was at the CME early on on the floor, and he's got an interesting note here, |
| 1:09.0 | and I'm sure he can expand on it, some early on experience with Solomon Brothers and John Meriwether. |
| 1:15.9 | So anyways, Bob, I want to welcome you to the show today, and I think we're going to have a fun conversation. |
| 1:21.4 | Well, thanks. It's good to be here, Michael. I always enjoy chatting with you. |
| 1:25.5 | So let me, let me, you know, I was just asking you off the air. |
| 1:28.3 | I said, well, you know, what was Bob? |
| 1:30.6 | Because everyone, everyone, see, we can look at your books. |
| 1:33.4 | You've got these, you've got these very detailed books out there about systems testing. |
| 1:39.0 | And everyone can find them on Amazon. |
| 1:40.8 | They're easy to find. |
| 1:42.0 | But how do you go from, what was Bob Pardo at eight years old, 10 years old? |
| 1:48.9 | What were you thinking? |
| 1:49.8 | What were your desires? |
| 1:51.1 | Like when I was eight years old, I think I told people I wanted to be an architect. |
| 1:53.9 | So what were you thinking at eight years old? |
... |
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