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Top Traders Unplugged

SI102: TESLA and the famous Tech Bubble ft. Moritz Seibert

Top Traders Unplugged

Niels Kaastrup-Larsen

Business, Business News, Investing, News

4.8670 Ratings

🗓️ 23 August 2020

⏱️ 54 minutes

🧾️ Download transcript

Summary

This week, we discuss Tesla’s meteoric stock price rise and its likely inclusion into the S&P 500, similarities between today’s parabolic moves in the stock market and the famous tech bubble, why the current outlook for markets necessitates a place for investing in Trend Following strategies, Germany’s move to tax investors on their gold ETF holdings, Volatility-focused trading strategies, and the differences in making adjustments to short term systems vs long term systems. Questions answered this week include: At what point do you decide that your system is no longer working? How do you adjust for ‘conviction’ when placing a trade? If you would like to leave us a voicemail to play on the show, you can do so here. Learn more about the Trend Barometer here. IT's TRUE 👀 - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here. And you can get a free copy of my latest book "The Many Flavors of Trend Following" here. Send your questions to [email protected] Follow Niels, & Moritz on Twitter: @TopTradersLive & @MoritzSeibert And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Episode Summary 0:00 - Intro 2:12 - Macro recap from Niels 17:53 - Weekly review of returns 22:52 - Discussion on how to safely own gold, and the German government’s move to tax investors on their Gold ETF holdings 31:56 - Q1 & Q2; Zaro: At what point do you decide that your model isn’t working? How do you account for ‘conviction’ when placing a trade? 51:05 - Performance recap Subscribe on:

Transcript

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0:00.0

You're about to join Jerry Parker, Maritz Siebert, and Nealz Kostrup Larson on their raw and honest journey into the world of systematic investing and learn about the most dependable and consistent yet often overlooked investment strategy. Welcome to the Systematic Investor podcast series. Welcome or welcome back to this week's edition of the Systematic Investor series

0:26.6

with more at Siebert and I, Nils Kastro Blasen, where we each week take the pulse of the global

0:31.6

market through the lens of a rules-based investor.

0:35.6

Now for long-time listeners, our conversations are intended to keep you focused and inspired

0:40.1

to continue your trend-following journey.

0:42.8

And if you're new to the show, our hope is that today's episode will trigger your curiosity

0:47.8

to check out the back catalog and check out past episodes that you may have missed.

0:53.8

Firstly, let me just say a big thanks to those of you

0:57.8

who left a rating and review this week in iTunes.

1:01.2

We really do appreciate this

1:03.3

as they help more investors discover the podcast.

1:07.2

And of course, we would like for that those of you who have not yet left a rating

1:12.9

and review would take five minutes now to get that done hopefully that's not too much to

1:18.8

ask for with that out of the way let me say good afternoon to you more it's how things where

1:24.6

you are and are you getting ready for the big Champions League final on

1:28.2

Sunday? Oh yeah, more than ready for the big Champions League final tomorrow, Bayern versus

1:33.3

Paris, Paris. Let's see how that goes, but I'm all excited. Other than that, I'm doing fine.

1:39.0

Thanks, Neil. How are you? It's a cloudy overcast day, unfortunately, on this Saturday today.

1:46.1

But yeah, look, I mean, we've had a fantastically sunny week.

1:50.2

Probably all of the last five days have been super, super summer, sunshine day.

1:54.6

So it's probably a refreshing welcome to have a little bit of clouds today.

1:59.1

Yeah, I completely agree with that.

...

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