Top Traders Unplugged

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Latest Episodes:

RT13: The legacy of AHL ft. Adam, Harding & Lueck of AHL – 3of3 Sep 01, 2017

Show notes

On this special episode, my guests are the founders of AHL: Michael Adam who later co-founded Aspect Capital, David Harding also known as founder and CEO of Winton Capital and Marty Lueck also one of the co-founders of Aspect Capital.

We sat down in the famous Abbey Road Studios in London to talk about how they developed their investing strategies, some of the most surprising decisions they ever made, and what kind of legacy they would like to leave behind.

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

In This Episode, You’ll Learn:

What Mike, David & Marty had to un-learn in order to improve their strategies
Why David believes education can crush creativity
How some “new” optimization methods hurts investors
What David and Marty least like about their current strategies
What they plan on doing when they no longer run their firms
How David approaches succession planning
The most important investment principles the guests would leave for their children
Why only a small amount of investors still keep managed futures as a core allocation
The most important decisions they ever made
Which decisions had the most surprising results
If the media will ever understand what managed futures actually are
The legacy that AHL left in the world of investing

Follow Niels on Twitter, LinkedIn, YouTubeor 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.

Learn more about Michael Adam and Mike Marlin and The Melomaniacs

Learn more about David Harding and Winton Group

Learn more about Marty Lueck and Aspect Capital

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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

RT12: You don't have to be good...but you have to be useful ft. Adam, Harding & Lueck of AHL – 2of3 Aug 25, 2017

Show notes

On this special episode, I continue my conversation with the founders of AHL: Michael Adam who later co-founded Aspect Capital, David Harding also known as founder and CEO of Winton Capital and Marty Lueck also one of the co-founders of Aspect Capital.

We sat down in the famous Abbey Road Studios in London to talk about what AHL’s founders did after they created the company, what they’ve learned along the way about business and life, and how they view the current market climates.

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

In This Episode, You’ll Learn:

The future of a science-driven trading approach
What David’s vision was when he started Winton Capital
The beginnings of Aspect Capital
Why Winton moved away from traditional trend following
The challenges that equities and managed futures present for investors
Why David chose to lower volatility of his strategy
Michael’s experience with deep value investing
When it’s time to ask “do you want to be happy or rich?”
What caused Michael to leave the industry
How they have evolve using different data sources and new markets
The danger of “hindsight bias”
What disadvantages machine learning have presented
Why Marty views asset allocation as part of a trend following model
How they see our current financial climate

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Follow Niels on Twitter, LinkedIn, YouTubeor 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.

Learn more about Michael Adam and Mike Marlin and The Melomaniacs

Learn more about David Harding and Winton Group

Learn more about Marty Lueck and Aspect Capital

----

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

2. Daily Trend Barometer and Market Score

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

RT11: AHL 30 Year Anniversary ft. Michael Adam, David Harding & Marty Lueck – 1of3 Aug 18, 2017

Show notes

I was thrilled to be joined by the founders of AHL, to celebrate their 30 year anniversay of founding AHL: Michael Adam who later co-founded Aspect Capital, David Harding also known as founder and CEO of Winton Capital and Marty Lueck also one of the co-founders of Aspect Capital.

We sat down in the famous Abbey Road Studios in London to talk about AHL’s beginnings, the revolutionary discoveries that AHL made, how MAN Group became the owner of AHL, as well as all the great things that Michael, David and Marty went on to create.

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

In This Episode, You’ll Learn:

How AHL got it’s start
Why Michael’s father was instrumental in the beginning of AHL
What struck David when testing their early algorithms
Why their “empiricist” outlook gave them an early advantage
How technology’s limits pushed their ideas
The breakthroughs of AHL’s early research and how it still applies today
Why being a consultant gave AHL deep insight into trading the markets
The crucial role the early clients had in AHL’s development
The power of finding the right people to work with
Why Michael preferred working with “unformed” employees
How the original deal between MAN and MINT influenced AHL
What the larger financial community initially thought about AHL
How AHL brought in investors in those early days

-----

Follow Niels on Twitter, LinkedIn, YouTubeor 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.

Learn more about Michael Adam and Mike Marlin and The Melomaniacs

Learn more about David Harding and Winton Group

Learn more about Marty Lueck and Aspect Capital

----

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

2. Daily Trend Barometer and Market Score

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

RT10: The challenge pension funds face with Risk Mitigation ft. Ryan Abrams, Ela Karahasanoglu & Carrie Lo – 2of2 Jul 14, 2017

Show notes

On this episode I continue my conversation Ryan Abrams, Portfolio Manager at Wisconsin Alumni Research Association, Ela Karahasanoglu, VP at Workplace Safety and Insurance Board, and Carrie Lo, Director of Hedge Strategies at CalSTRS.

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

In This Episode, You’ll Learn:

When do you stop adding more managers?
Ela’s magic range of managers
Carrie’s approach to choosing managers
How management fees should be structured
What advice Carrie would give to other pensions planning to start allocating to risk mitigation strategies
Why Ela recommends a thorough preparation and vision for risk mitigation strategies
Ryan’s thoughts on trends during dislocation periods
What challenges the guests had to overcome as part of their implementation process
Why CalPERS are leaving hedge funds when CalSTRS are adding them, even when some of the board members are the same

-----

Follow Niels on Twitter, LinkedIn, YouTubeor 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.

Learn more about Ryan Abrams and Wisconsin Alumni Research Association

Learn more about Ela Karahasanoglu and Workplace Safety and Insurance Board

Learn more about Carrie Lo and CalSTRS

----

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

2. Daily Trend Barometer and Market Score

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

RT09: Why & How CalSTERS mitigate Risk ft. Ryan Abrams, Ela Karahasanoglu & Carrie Lo – 1of2 Jun 25, 2017

Show notes

On this episode my very special guests are Ryan Abrams, Portfolio Manager at Wisconsin Alumni Research Association, Ela Karahasanoglu, VP at Workplace Safety and Insurance Board, and Carrie Lo, Director of Hedge Strategies at CalSTRS, for a fun and insightful conversation about how to mitigate the Risk in a Portfolio using Managed Futures.

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

In This Episode, You’ll Learn:

How Carrie diligently prepared her new Risk Mitigation Strategies (RMS)
How much CalSTRS will initially allocate to the RMS part for their $200bn+ portolio
How Ryan uses risk mitigation strategies in his organization
How Ela is slowly restructuring her alternative portfolio
The risks of risk parity strategies
Is trend-following really an opportunity cost question?
How Carrie has worked with the CalSTRS board on implementing this strategy
Why Ela has focused more on tail-risk strategies
Carrie’s manager selection process

-----

Follow Niels on Twitter, LinkedIn, YouTubeor 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.

Learn more about Ryan Abrams and Wisconsin Alumni Research Association

Learn more about Ela Karahasanoglu and Workplace Safety and Insurance Board

Learn more about Carrie Lo and CalSTRS

----

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

2. Daily Trend Barometer and Market Score

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

RT08: Two Turtles & their Mentor ft. Richard Dennis, Brian Proctor & Jerry Parker – 2of2 May 09, 2017

Show notes

On this episode my guests are Richard Dennis, creator of the Turtle program, Brian Proctor, managing director of EMC Capital Advices, and Jerry Parker, founder and president of Chesapeake Capital, for a rare conversation about the inner workings of the Turtle program, told for the first time by Richard himself.

-----

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

In This Episode, You’ll Learn:

The good and bad of targeting volatility
How Jerry and Brian used the rules they learned through the Turtle experience
Why the Turtle program was just “another piece of risk” Rich took on his book
Jerry’s experience during and after the program
Brian’s two biggest takeaways from the Turtle program
If proper trading can be a real business?
What Rich would do differently in 2017
The state of trend following today
If being a good trader is enough to run a successful business?
About other passions of the Turtles outside of trend following and trading
Rich’s secret “career” in baseball
If Rich has found any counter-trend strategies that work
Jerry’s views on changing and adapting too much
What academia thought of trend following 40 years ago

-----

Follow Niels on Twitter, LinkedIn, YouTubeor 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.

Learn more about Richard Dennis and the Turtle program

Learn more about Brian Proctor and EMC Capital Advisors

Follow Jerry on Twitter.

----

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

2. Daily Trend Barometer and Market Score

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

RT07: The Turtle Reunion ft. Richard Dennis, Brian Proctor & Jerry Parker – 1of2 Apr 17, 2017

Show notes

Today I'm joined by Richard Dennis, creator of the Turtle program, Brian Proctor, managing director of EMC Capital Advices, and Jerry Parker, founder and president of Chesapeake Capital, for a rare conversation about the inner workings of the Turtle program, told for the first time by Richard himself.

-----

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

In This Episode, You’ll Learn:

Rich’s first introduction to trend following
Jerry’s early days in the Turtle program
How Brian ended up as a Turtle
The TRUTH about where the Turtle name came from
The surprising way Rich came up with the idea for the Turtle group…NOT what you expect!
Why Jerry did not answer the first call from Rich when applying for the program
The preferred qualities of the Turtle recruits
Why it was hard to predict which of the Turtles would succeed
Why persistence is important in trend following
The relevance of the Turtle group in the past and today
If diversification among markets is always the best practice?
The right balance of financial futures markets and commodity futures markets
Why more investors haven’t embraced trend following…yet?

-----

Follow Niels on Twitter, LinkedIn, YouTubeor 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.

Learn more about Richard Dennis and the Turtle program

Learn more about Brian Proctor and EMC Capital Advisors

Follow Jerry on Twitter.

----

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

2. Daily Trend Barometer and Market Score

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

RT06: The future of hedge funds ft. Chris Solarz, Adam Duncan & Freeman Wood – 2of2 Mar 23, 2017

Show notes

We are back with another great conversation where my guests are Chris Solarz, Managing Director, Global Macro Hedge Fund Strategies at Cliffwater, Adam Duncan, Managing Director at Cambridge Associates as well as Freeman Wood, who is a Partner and Head of North America, at Mercer, for a deep dive into the world of Consultants in Alternative Investments.

-----

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

In This Episode, You’ll Learn:

If there are there enough assets to go around
What made 2015 such a weak year for hedge funds
Why 2016 was such a strong year for hedge funds
The future of hedge fund investing
What Chris thinks hedge fund managers have done poorly
How Adam looks at fees as a coin toss
Why Freeman thinks that fees must add value to both parties
The guest’s biggest takeaways from 2016
How the rise of the voter is providing opportunities to hedge fund managers
The coming possibility of an equity correction, and it’s effects
The question everyone should be asking right now
Why a client needs a goal and a timeline for their assets

-----

Follow Niels on Twitter, LinkedIn, YouTubeor 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.

Learn more about Chris Solarz and Cliffwater

Learn more about Adam Duncan and Cambridge Associates

Learn more about Freeman Wood and Mercer

----

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

2. Daily Trend Barometer and Market Score

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

RT05: What Consultants look for in a manager ft. Chris Solarz, Adam Duncan & Freeman Wood – 1of2 Mar 07, 2017

Show notes

My guests today are Chris Solarz, Managing Director, Global Macro Hedge Fund Strategies at Cliffwater, Adam Duncan, Managing Director at Cambridge Associates as well as Freeman Wood, who is a Partner and Head of North America, at Mercer, for a fun and insightful conversation into the world of Consultants and their role in Alternative Investments.

-----

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

In This Episode, You’ll Learn:

How our guests got to where they are today
What challenges Adam sees institutional investors facing
The extra information Chris gives his clients
How the role of the consultant has changed
Two issues that frustrate consultants, and how our guests solve them
Freeman’s view of the role of the financial decision makers
How to bridge the gap between the managers and the investors
What your theoretical models can’t account for
Why past hedge fund managers were able to pursue a more “pure” strategy
The practical implications of having a larger fund
The pros and cons of smaller and larger managers
How Chris developed his key business strategies
What red flags new startups can avoid

-----

Follow Niels on Twitter, LinkedIn, YouTubeor 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.

Learn more about Chris Solarz and Cliffwater

Learn more about Adam Duncan and Cambridge Associates

Learn more about Freeman Wood and Mercer

----

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

2. Daily Trend Barometer and Market Score

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

RT04: What is the right fee structure? ft. Marty Bergin, Grant Jaffarian & Mike Boss – 2of2 Feb 19, 2017

Show notes

On this episode I continue my conversation with Marty Bergin, the owner and President of DUNN Capital Management, Grant Jaffarian, Portfolio Manager of the Advanced Trend program at Crabel Capital Management, and Mike Boss, who is a Director within the Capital Introductions Team at Societe General, where we cover all things trend following and some of the differences to short-term trading.

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

In This Episode, You’ll Learn:

How to use your management and incentive fees to compete
Grants’s competitive strategy for his flat-fee product
Why a robust risk management system is extremely important
Who is winning the battle between the low-cost products and the traditional trend following offerings
If the increased number of investors using trend following is impacting returns?
How rising interest rates will affect long- and short-term trend followers
The guest’s biggest takeaways from 2016
If machine learning is already being used by trend following firms?

-----

Follow Niels on Twitter, LinkedIn, YouTubeor 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.

Learn more about Marty Bergin and DUNN Capital Management

Learn more about Grant Jaffarian and Crabel Capital Management

Learn more about Mike Boss and Societe General

----

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

2. Daily Trend Barometer and Market Score

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

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