TTU49: Will Big Data Enable KFL to Predict the Future? ft. Dave Sanderson of KFL Capital Management – 1of2

Top Traders Unplugged

Niels Kaastrup-Larsen

News, Investing, Business News, Business

4.8 • 715 Ratings

🗓️ 1 December 2014

⏱️ 75 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Our next guest on Top Traders Unplugged is the CEO and Co-Founder of KFL. In this episode we explore their trading strategy and uncover the fundamental differences between what they are doing that makes them so different from traditional alternative investment organizations.

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In This Episode, You’ll Learn:

Transitioning from commercial litigation to wholesale mutual fund vending
How Dave Sanderson was exposed to alternative investments in the first place
The convincing required to get top big data scientists to work on financial challenges
The comical story of how carefully big data scientist come to conclusions
What Dave Sanderson loves to do when he isn’t working directly on KFL Capital Management
How Dave Sanderson sees the deviation between machine learning and systematic trading
What it means to exist in a deluge of big data
How Dave Sanderson and KFL perceive themselves and the usefulness of labeling
Is machine learning a superior method than conventional approaches to trading?
About the choice of Krystal as a name for their fund
The structuring challenges behind KFL Capital Management and why they are more like a tech firm
The focus for expanding KFL Capital Management
About evolutionary computing and how KFL Capital Management grows with the markets
Is there an environment which would be optimal for Krystal?
Is there an environment which would be severely challenging for Krystal?
The use of non-parametric modeling and why this type of prediction takes KFL out of most conventional finance sector buckets

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Resources & Links Mentioned in this Episode:

Man AHL – Dave Sanderson’s initial exposure to alternative investment.
Thomas K. Hunter – “He’s probably done more tech deals than anybody in Canada.”

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

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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.

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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

Disclaimer

Transcript

Click on a timestamp to play from that location

0:00.0	I'm not sure. I think that's what I would pass along. I think this world we live in is quite magical. I think the great deals go to the optimists because they're prone to paying more for them. The great experiences go to the optimists because in life you probably find what you're looking for.
0:23.1	And the optimists tend to look for great things and expect great things.
0:33.3	If someone came to you and said that they had found a way to predict the future with more than 50%
0:40.8	accuracy, would you believe them? Would you be intrigued to learn more? What would it take for you to be
0:50.2	convinced that this could indeed be done? Big questions in a world of big data, but in reality
0:58.8	the answer should be, tell me more. Since just because no other investment firm has claimed
1:07.3	victory when it comes to predictive power using machine intelligence to successfully
1:13.3	trade the financial markets, we can't really exclude the possibility of it having been done
1:20.7	by a team of scientists in Ontario, Canada.
1:24.8	And that's what we're talking about in today's episode of Top Taders Unplugged.
1:30.4	Imagine spending an hour with the world's greatest traders. Imagine learning from their experiences,
1:36.5	their successes, and their failures. Imagine no more. Welcome to Top Taders Unplugged,
1:42.4	the place where you can learn from the best hedge fund managers in the world, so you can take your manager due diligence or investment career to the next level.
1:51.3	Here's your host, veteran hedge fund manager, Niels Kastrop Larson.
2:09.7	Welcome to another episode of Top Traders Unplogged, where my goal is to give you the clarity,
2:16.9	confidence and courage you need to invest like or invest with one of the top traders in the world. It is the stories you never get to hear
2:20.0	set out as the most honest and transparent account
2:23.6	than I can make of what goes on inside the minds
2:27.8	of some of the best investors in the world
2:30.7	delivered to you via a one-on-one conversation.
2:36.0	Today you're listening to Episode 49.
2:39.0	If this is your first episode, I suggest you go back and listen to all the previous conversations.
	...

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