SI66: Why price is a better guide to higher returns than expert opinion
Top Traders Unplugged
Niels Kaastrup-Larsen
4.8 • 712 Ratings
🗓️ 15 December 2019
⏱️ 59 minutes
🧾️ Download transcript
Summary
In this week’s episode, find out why investing in a strategy during a drawdown can be profitable in the long-run, why risk-adjusted performance is more important than tracking against an index, why price is a better guide than expert opinion, if there is a time when you shouldn’t attempt to have uncorrelated securities in your portfolio, and the connections between Trading, statistics, & sports.
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50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE
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Episode TimeStamps:
00:00 – Intro
01:21 – Macro recap from Niels
02:57 – Weekly review of performance
06:12 – Top tweets
50:48 – Announcement of podcast guest, Andreas Clenow, in January 2020
51:23 – Question 1: Drew; Should you enter a breakout trade based on an intra-day signal or end of day signal?
56:26 – Benchmark performance update
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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 Seberg, 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. |
| 0:19.9 | Welcome back to this week's edition of the Systematic Investor Series with Jerry Parker |
| 0:24.5 | and I, Niels Kassela Larson, where we do our best to bring you into the world of rules-based |
| 0:29.6 | investing by sharing our knowledge and hard-learn lessons over the last few decades, hoping |
| 0:36.1 | that you can avoid making some of the mistakes that we did. |
| 0:40.7 | So, Jerry, it's just you and me today. So good morning. How are you doing? |
| 0:45.1 | I'm doing great. Good morning to you. I hope you've enjoyed your stay in Florida. |
| 0:49.3 | Yes, it's funny. We're both, it's early morning, Saturday, we're both stuck in a hotel somewhere in the |
| 0:55.5 | States, so yeah, doing our best to get this out to you, the listener. And by the way, if it is |
| 1:03.3 | your first time tuning into our conversation, we hope that you will enjoy an hour's of, |
| 1:09.8 | you know, hopefully some informative, |
| 1:13.4 | but also maybe entertaining content. |
| 1:16.2 | At least we'll do our best to deliver just that. |
| 1:20.5 | Of course, we're getting close to Christmas, the holidays. |
| 1:24.8 | But when I was looking at the markets this week, |
| 1:26.8 | it certainly seems to me like |
| 1:28.7 | Christmas may have come early in the financial markets. I mean, we had a week where both |
| 1:33.4 | quote-unquote a trade deal was signed between the US and China, at least phase one, I think |
| 1:39.9 | they call it. And we had a clear election result in the UK. And then of course we have |
| 1:47.8 | massive amounts of liquidity still being pumped into the system despite some really strong |
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