SI62: The benefits of running a multi-strategy portfolio
Top Traders Unplugged
Niels Kaastrup-Larsen
4.8 • 712 Ratings
🗓️ 17 November 2019
⏱️ 76 minutes
🧾️ Download transcript
Summary
In this week’s edition, we discuss the possible benefits of running a multi-strategy portfolio, whether or not you need to have a ‘feel’ for the markets before constructing a model, the new all-time highs on the Dow, Trend Following as a viable solution to the end of the 60/40 portfolio, and the longer-term drawbacks of chasing performance from different fund managers. Questions we cover this week include: What really went wrong with LTCM? Should Trend Followers also employ Buy & Hold strategies? Is it ok to ‘leave money on the table’? How would you go about getting into the CTA industry?
-----
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 info@toptradersunplugged.com
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
01:05 – Events review
04:00 – Weekly review of performance
17:10 – Top tweets
51:50 – Question 1: Carl; Is the stop price impacted by the cost of execution?
55:30 – Question 2: Saleh; Can you design a system that works in both trending markets and range bound markets?
01:01:55 – Question 3: Edrico; When adding new markets, do you consider correlations to existing markets in a system?
01:04:10 – Question 4: Glen; How would you break into the CTA industry?
01:13:35 – Benchmark performance update
Copyright © 2025 – CMC AG – All Rights Reserved
----
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 Seabert, 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. |
| 0:19.6 | Welcome to this week's edition of the systematic investor series with Jerry Parker, |
| 0:24.0 | Mort Siebert, and I, Neil's Castleblassen, where we do our best to bring you into the world |
| 0:28.0 | of rules-based investing by sharing our observations and hard-learned lessons over the last |
| 0:33.6 | few decades, hoping that you can avoid making some of the mistakes that we did. As usual, |
| 0:40.4 | let me start by saying good morning to you, Jerry, and good afternoon to you, Moritz. How are you doing? |
| 0:45.4 | Yes, very nice to be in Florida. I guess the rest, a lot of the rest of the country is getting |
| 0:50.4 | a lot of cold weather, so nice to be here. Good morning. Yeah, absolutely. |
| 0:55.1 | Great, and good morning to you both. I'd like to be where you guys are right now in sunny Florida. |
| 1:00.9 | A bit of a gray weather here, but, well, good morning to you. |
| 1:03.5 | Good morning, good morning. |
| 1:04.8 | So I guess, you know, another good week, we can certainly say for equities, making new all-time highs, as you, Jerry |
| 1:15.0 | just told us, breezing through 28,000 on the Dow. But I guess this week, maybe a little bit |
| 1:21.0 | different from the last few weeks. It was supported also by some kind of lift in fixed income markets again. |
| 1:29.6 | And also I noticed that the VIX finished at very low level. |
| 1:35.1 | I think the lowest close in 2019. |
| 1:37.6 | So of course if we look at that, it suggests that everything is fine, calm, |
| 1:42.3 | tranquility in the financial markets. |
| 1:45.0 | Not so sure when I look at the headlines coming out of Hong Kong at the moment. |
| 1:50.0 | Also notice that the unrest there is taking a toll on their GDP down by 3% year over year. |
... |
Please login to see the full transcript.
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.
Copyright © Tapesearch 2026.