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Top Traders Unplugged

GM30: The Era of Weather Volatility ft. Shawn Hackett

Top Traders Unplugged

Niels Kaastrup-Larsen

Business, Business News, Investing, News

4.8670 Ratings

🗓️ 7 December 2022

⏱️ 71 minutes

🧾️ Download transcript

Summary

Today, we are joined by Shawn Hackett, Founder of Hackett Financial Advisors, for a conversation on how changes in weather and weather volatility affects the economy and you as an investor. We discuss the role and state of agriculture and the impact of climate change, the mechanisms of the climate and why understanding the big picture of weather cycles is so important, how we are transitioning into a new weather cycle, what it means for the crop production and important indicators for predicting crop yields. We also discuss why Hackett view the value of commodities the same way he view the value of stocks and why being aware of where we are in the climate and economic cycles is critical, why long term planning is a key factor in managing risk, how to approach agriculture and commodities in general in your investment strategy and much more.

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Episode TimeStamps:

00:00 - Intro

03:07 - The state of agriculture

10:10 - How Sunspots are affecting the earth?

15:22 - What drives the climate?

19:00 - Why are the winds over the Pacific so significant?

21:18 - The World is moving into a new phase

27:39 - Predicting the weather?

36:10 - Positioning risk and classification

44:56 - The impact of currencies

49:08 - Weather Volatility - good or...

Transcript

Click on a timestamp to play from that location

0:00.0

They're all in synchronicity.

0:09.0

They're all in cycle for the first time in over 400 years, which means this is an amplification

0:16.0

of multi-cycles that have high correlation to dramatic increases in weather volatility. You talk about

0:23.0

stocks and where volatility, you know there's times where things come together that create

0:28.6

the big move, the big event. And those who follow stock cycles, you know, or know some of those

0:36.1

cycles and are really good at it, like you said,

0:39.1

they have a way of figuring these things out and just have a knack for understanding when a crash

0:43.9

is coming, not because someone else said it, just because their cycles were lining up for it,

0:48.6

or vice versa, you know.

0:54.1

Imagine spending an hour with the world's greatest traders.

0:58.0

Imagine learning from their experiences, their successes, and their failures.

1:02.0

Imagine no more.

1:04.0

Welcome to Top Traders Unplugged, the place where you can learn from the best hedge fund managers in the world,

1:10.0

so you can take your manager, due diligence, or investment career to the next level.

1:14.9

Before we begin today's conversation, remember to keep two things in mind.

1:18.9

All the discussion we'll have about investment performance is about the past, and past performance does not guarantee or even infer anything about future performance.

1:27.6

Also understand that there's a significant risk of financial loss with all investment strategies,

1:31.9

and you need to request and understand the specific risks from the investment manager about their product

1:37.3

before you make investment decisions.

1:39.7

Here's your host, veteran hedge fund manager, Niels Kostrup Larson.

1:55.3

Welcome and welcome back to another conversation in our series of episodes that focuses on markets and investing from a global macro perspective. This is a series that I not only find incredibly interesting,

2:02.8

as well as intellectually challenging, but also very important given where we are in the global

...

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