Ep. 417: Robert Carver Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 22 January 2016
⏱️ 49 minutes
🧾️ Download transcript
Summary
My guest today is Robert Carver. He got his start in finance working at AHL. Robert started with AHL in 2001 during his final year of college. It was at this time that he was introduced to quantitative trading and began thinking of finance in a systematic way. He later went back to AHL, working there from 2006-2013. He is an independent systematic futures trader and investor, writer, and research consultant. He is currently a visiting lecturer at Queen Mary, University of London.
The topic is his book Systematic Trading: A unique new method for designing trading and investing systems.
In this episode of Trend Following Radio we discuss:
- Unpredictable risk vs. Predictable risk
- Systematic trading
- High frequency trading vs. Trend following trading
- Black swans
- When to intervene with your system
- 2008 crash
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. |
| 0:33.3 | My guest today is Robert Carver. |
| 0:36.2 | Robert is based in London. |
| 0:37.4 | He has quite a bit of systems trading experience. |
| 0:41.6 | His book is called systematic trading can be found everywhere. |
| 0:46.4 | Robert is formerly with Barclay's Bank and with AHL, the famed trend following manager, |
| 0:52.7 | founded by David Harding, Martin Luke, etc. |
| 0:55.8 | Robert brings some really down-to-earth systems trading perspective. |
| 1:03.3 | If you are new or if you are experienced, I guarantee Robert will illuminate some of the most important systems trading issues that there are. |
| 1:14.9 | There are no secrets. |
| 1:16.4 | There is no black box. |
| 1:17.5 | There is no magic. |
| 1:19.3 | But there is common sense. |
| 1:21.3 | I hope you enjoy this conversation with Robert Carver. |
| 1:35.9 | Robert, as I was getting ready to talk to you today, and I'm going through your work, |
| 1:37.9 | and everything is extremely detailed. |
| 1:44.0 | But I'm thinking, when did this man start with the word system? |
| 1:45.7 | Where was he? |
... |
Please login to see the full transcript.
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.
Copyright © Tapesearch 2026.