You're about to join Neil's Kostrup Larson on a 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 Series.

Welcome, welcome back to this week's edition of the Systematic Investor Series with Katie Kaminsky, Jim Kassang, Rob Carver, Mark Resimpsinski, Richard Brennan, Alan,

Alan Dunn, Nick Bolters, Andrew Beer and myself, Nils Koster Larsson.

As you can tell from this introduction today and last week was very special episodes

because it is the time of the year where all nine of us get together for one-being conversation

and debate.

We've recorded our conversation on December 4th and last week we published part one of the conversation,

and today you will be joining us for part two.

We really had a great lineup of topics across the episodes,

and just to mention some of the topics that we have been covering last week and this week,

they are the biggest investment mistakes of 2024, the US dollar under the new Trump administration, the efficacy of replicating trend following returns, the meme bubble, managed futures beta, does it exist, the return dispersion between CTAs this year, the role of social media in racing AUM, are systematic strategies becoming

overcrowded and other markets becoming less efficient.

So it really was a packed agenda, but I hope you will enjoy it.

Now let's rejoin the conversation.

All right, we are back with the second round of our year-end group conversation.

So I'll switch up the order a little bit this time.

So since we had to wait a long time to hear from you, Rich, in last week's conversation,

I'm going to ask you to go first this time.

What do you want to bring up in terms of your second theme? Well, this is a bit of a different one. Now, because of this sort of

this growth of social media and also the growth of podcasts, etc., I just want to sort of open

the question to everyone on the panel about how they, you know,

...