SI21: Why the biggest drawdown is always ahead of you or so they say

Top Traders Unplugged

Niels Kaastrup-Larsen

Business, Business News, Investing, News

4.8 • 670 Ratings

🗓️ 4 February 2019

⏱️ 73 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Welcome to The Systematic Investor series. It’s a great privilege for me to invite you to a behind the scenes conversation between some of my favorite systematic investors namely Jerry Parker and Moritz Seibert. We get on a “call” each week to discuss the events that took place through the lens of a Systematic Investor and how the trading strategies we work with are reacting. It’s a raw and honest exploration and we hope you will join and be part of…not least by sending us questions that we can discuss.

-----

50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE

-----

Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.

IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.

And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.

Learn more about the Trend Barometer here.

Send your questions to [email protected]

And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.

Episode TimeStamps:

00:00 – Intro

03:30 – Weekly review of performance

14:00 – Top tweets

26:55 – Question 1: Samuel; What is a good CTA trading cost hurdle rate?

34:10 Question 2: Samuel; Why do people say your biggest drawdown is always in front of you?

41:10 – Question 3: Michael; How much has your parameter set changed (and related questions)?

50:10 – Question 4: Francois; What do you know about Renaissance Technologies (Jim Simons)?

56:30 – Miami conference review+TF thoughts

01:10:00 – Benchmark performance update

----

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.

Transcript

Click on a timestamp to play from that location

0:00.0	You're about to join Jerry Parker, Moritz Sebert, and Nealz Kastrup 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.
0:15.0	Welcome to the Systematic Investor podcast series.
0:19.6	Jerry Parker, Moritz Siebert, and I, Niels Kassel Larsen, are very excited to be back with
0:24.3	this week's edition of the Systematic Investor Series, which is our weekly ongoing
0:28.9	raw exploration of the world of rule-based investing, and of course, where we also take
0:34.4	some of your questions.
0:36.9	And we're back to the normal routine.
0:39.2	So today, it's good to say, good morning to you,
0:41.5	Jerry, and good afternoon to you, Moritz.
0:44.0	Hi, Neals, hi, Jerry.
0:45.8	Good morning.
0:47.4	So before we pressed on record,
0:51.7	Morris and I just returned from Miami actually. I returned yesterday and
0:56.4	Moritz came just right now actually this morning. And we both experienced something as
1:01.4	we were talking, we realized that both of our flights back from the US had been probably
1:06.4	the most bumpy flight I've ever experienced. I mean incredibly six, seven hours worth
1:10.7	of turbulence non-stop. And when you're sitting up there and it's pitch dark outside
1:17.2	and you're thinking, you know, are these planes, are they really going to hold for stand up for
1:21.5	this? And it kind of reminds me a little bit about, you know, trend following and what we do
1:26.2	and where, you know, we look back and we we see you know how bumpy the ride really is yet the
1:33.9	methodologies you know have withstood all of these events for for so many years
1:40.0	but I don't know about you Moritz what you were thinking when you were sitting up
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Niels Kaastrup-Larsen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Niels Kaastrup-Larsen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.