SI106: Ray Dalio's underwhelming 2020 performance and the FED ft. Moritz Seibert
Top Traders Unplugged
Niels Kaastrup-Larsen
4.8 • 712 Ratings
🗓️ 18 September 2020
⏱️ 58 minutes
🧾️ Download transcript
Summary
Today, we discuss the Federal Reserve’s current inflation targets, whether it is ok for systematic managers to turn off their systems during periods of high volatility & uncertainty, the looming questions around Ray Dalio & Bridgewater’s underwhelming performance in 2020, volatility control vs risk control, and why liquidity should be an important deciding factor for investors when choosing a money manager. Questions we answer this week include: How do you size your positions once maximum portfolio risk is reached? Do have you have any tips on how to perform volatility-control?
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Episode TimeStamps:
00:00 – Intro
02:30 – Macro recap from Niels
04:36 – Weekly review of performance
31:24 – Q1; Daniel: How do you size new positions once your intended maximum portfolio risk is reached?
39:17 – Q2; Dave: Do you have any pointers on how effectively perform volatility targeting?
55:30 – Benchmark performance update
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're about to join Jerry Parker, Maritz Siebert, and Nealz Kostrup Larson on their raw and honest |
| 0:07.3 | journey into the world of systematic investing and learn about the most dependable and consistent |
| 0:12.3 | yet often overlooked investment strategy. Welcome to the Systematic Investor podcast series. |
| 0:22.6 | Welcome or welcome back to this week's edition of the Systematic Investor series |
| 0:26.1 | with Moritz Sieber and I, Niels Karsten, where each week we take the pulse of the global |
| 0:30.6 | markets through the lens of a rules-based investor. |
| 0:34.5 | Now, for those of you who are regular listeners, our conversations are indeed |
| 0:38.3 | intended to keep you focused and inspired and continue your rules-based investing journey. |
| 0:43.8 | And if you're new to the show, we hope that today's episode will trigger your curiosity to |
| 0:47.9 | check out the back catalogue and listen to past episodes that you may have missed. |
| 0:53.2 | I want to just acknowledge and thank those of you who went into iTunes and left the rating |
| 0:58.2 | and review this week. |
| 0:59.5 | There were people like Dr. TIR, Cryptomatic, Blue BinLiner, T-E-9, FIFA Awesome, Mark 43 and Ziken. |
| 1:09.0 | I know these are all a little bit funny names, |
| 1:11.6 | but nevertheless, we do appreciate it and we do read all of the reviews. |
| 1:15.9 | And I just want to say for those of you who think it's a little bit odd |
| 1:18.8 | that I will repeat this message in the last few weeks, |
| 1:22.7 | these reviews really do matter in the algorithms of iTunes and other podcast platforms. |
| 1:29.1 | They help other investors to discover the podcast and also they actually help you the listener |
| 1:34.3 | because as the podcast grows it does become easier for us to attract the best minds in finance |
| 1:39.2 | to join our conversation. |
| 1:41.8 | So if you haven't left the rating on review just yet, |
... |
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