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Michael Covel's Trend Following

Ep. 35: Patrick De Villiers Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 16 July 2012

⏱️ 59 minutes

🧾️ Download transcript

Summary

My guest today is Patrick De Villiers, a co-founder of the systematic trend following fund, Neural Capital. Originally from South Africa and now based in Cyprus. He is a highly accomplished financial market specialist with extensive treasury experience and business implementation, has vast knowledge about systematic investment portfolios and risk management., and has extensive experience in emerging and developed financial markets with very strong managerial and leadership skills.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

  • When you're at a big bank the performance can be based on the franchise you're working at
  • The connection of ego to performance
  • How to explain a trend following approach to clients
  • Capturing the "fat" of the trend
  • Outliers and black swans
  • Putting the unexpected moves in your favor
  • The relation of trend following to behavioral finance
  • Ensuring that you're in the game for when the big winners come

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 Coval.

0:24.0

Not filtered, raw, honest.

0:27.4

That's my passion.

0:33.0

Okay, today on the show I have Patrick de Villiers, and Patrick is a managed futures pro, a systematic trader, and he is on Skype today with us from Cyprus, where I have not had a chance to visit yet.

0:49.3

Patrick, welcome.

0:50.9

Hi, Mike.

0:52.2

How are you?

0:53.3

Very well yourself.

0:54.0

So why don't you, so as I just gave my very, very, Mike. How are you? Very well yourself.

1:02.5

So why don't you, so as I just gave my very, very bad American pronunciation, let us hear the proper pronunciation of your last name.

1:06.1

If we were French, it would be Davilaire, but being from South Africa, it's pronounced Devaliers.

1:11.9

There you go. So South Africa to Cyprus, that's an interesting journey. You grew up

1:15.9

in South Africa, though, right? That's correct. Yeah, I've not had a chance to go to South

1:19.6

Africa yet, either. But tell me about your early background. I mean, I want people to know from a big picture standpoint right now.

1:28.8

Patrick is running a fund.

1:29.9

It's a systematic trend following fund.

1:32.1

He is scientific guy.

1:34.4

It's all systematic.

1:36.1

You know, this is, there's no news.

1:37.4

There's no fundamentals.

...

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