SI163: The Importance of Investment Narratives ft. Mark Rzepczynski
Top Traders Unplugged
Niels Kaastrup-Larsen
4.8 • 712 Ratings
🗓️ 23 October 2021
⏱️ 79 minutes
🧾️ Download transcript
Summary
This week, Mark Rzepczynski joins us to discuss the Bitcoin ETF and the increasing likeliness that it won’t be banned by the US government, the need for money managers to convey good stories in order to simplify their processes to clients, why having a long track record of success, with one or two scars, is better than a perfect recent history, how Trend Following has been so successful over 6 decades, and how a non-secretive strategy like Trend Following compares to private equity strategies.
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50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE
In this episode, we discuss:
- The future of Bitcoin
- How money managers can explain their approaches simply to clients
- Long, successful, but bumpy track records versus recent strong performers
- Trend Following's incredible success over 6 decades
- The private equity world compared with systematic investing
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Episode TimeStamps:
00:00 – Intro
01:54 – A big thank you to listeners of the show for leaving your 5-star reviews on iTunes, and feel free to share our link with 3 of your like-minded friends:
https://top-traders-unplugged.captivate.fm/listen
02:49 – Macro recap from Niels
04:52 – Weekly review of performance
12:33 – Why storylines and narratives matter
52:42 – How effectively communicating what we do can be a challenge in any industry
55:54 – The strategies that tend that lend themselves easier to good narratives
01:06:55 – Some thoughts on the likelihood of upcoming stagflation
01:13:01 – Benchmark performance update
01:14:28 – Announcement of new and updated version of the Top Traders Unplugged website which is on the way, as well as a new series on the topic of volatility, hosted by recent guest, Jason Buck
Copyright © 2025 – CMC AG – All Rights Reserved
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PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:
1. eBooks that cover key topics that you need to know about
In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here
2. Daily Trend Barometer and Market Score
One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here
3. Other Resources that can help you
And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here
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 |
| 0:06.9 | honest journey into the world of systematic investing and learn about the most dependable and |
| 0:11.8 | consistent yet often overlooked investment strategy. Welcome to the Systematic Investor podcast series. |
| 0:21.7 | Welcome all welcome back to this week's edition of the systematic investor series with Mark |
| 0:26.3 | Rumsinski and I, Neil's Castro-Larsen, where each week we take the pulse of the global |
| 0:30.9 | market through the lens of a rules-based investor. |
| 0:34.2 | Now, for those of you who are regular listeners, our conversations are intended to give |
| 0:38.8 | you as much of the nurture and encouragement as the turtles got back in 1980s, as Jerry likes to put it. |
| 0:45.7 | And if you're new to the show, we hope that today's episode will trigger your curiosity to |
| 0:50.5 | learn more by diving into the back catalog and listen to all the past episodes that you may |
| 0:56.8 | have missed. Like last week's episode with Moritz, where we went quite deep into his portfolio |
| 1:02.6 | to see where the returns are coming from this year, how much is trend following, how much |
| 1:07.6 | is spread trading, as well as crypto and newer markets that he's trading |
| 1:12.1 | so if you miss that one i invite you to go back and listen to it and maybe do as jerry does |
| 1:18.0 | and that is to re-listen a few times to get all the nuances that we discuss mark fantastic to be back |
| 1:25.3 | with you this week how How are you doing? |
| 1:28.4 | How are things where you are? |
| 1:29.0 | Good. |
| 1:33.0 | We're heading a height of fall foliage season here in New England. |
| 1:35.2 | So we've got beautiful colors. |
| 1:39.0 | It moves, obviously, from the mountains up north and south. So I've been up in New Hampshire, beautiful colors. |
| 1:42.8 | And it's peaking here in Massachusetts now. So it's a great time of year to be in New Hampshire, beautiful colors, and it's peaking here in Massachusetts now, |
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