Subscribe now and watch my free trend following VIDEO.

Category: Podcasts

Ep. 607: Robert Carver Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Robert Carver
Robert Carver

 

Subscribe to Trend Following Radio on iTunes

My guest today is Robert Carver. He got his start in finance working at trend following firm AHL in 2001 during his final year of college. He was introduced to quantitative trading while at AHL and for the first time began thinking of finance in a systematic way. He later went back to AHL, working there from 2006-2013. It took a lot of research and digging for Robert to decipher which financial tools available to traders were appropriate for him. He knew he was not the only trader with this problem so he decided to write a book laying out what he had found through his research. Robert gives actionable tips and guidelines for others who may need help finding what trading instruments are right for them. Robert also wanted “Smart Portfolios” to be a book for the average investor. He wrote it in a way that is not over complicated. Any trader, new or professional, can pick it up and find it useful.

The topics are his books Systematic Trading: A unique new method for designing trading and investing systems and Smart Portfolios: A Practical Guide to Building and Maintaining Intelligent Investment Portfolios.

In this episode of Trend Following Radio we discuss:

  • Portfolio selection
  • Benchmarks
  • International investing
  • Fundamental trading
  • Warren Buffett trading
  • Expected average performance
  • Leveraging a portfolio
  • Luck vs. Skill
  • Venture capitalism

“Most people probably spend much less time thinking about their portfolio’s than they do thinking about getting their car fixed.” – Robert Carver

Mentions & Resources:

Listen to this episode:

Jump in!

Ep. 606: Jeff Bezos Is a Trend Follower with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Jeff Bezos Trend Follower
Jeff Bezos Trend Follower

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Jeff Bezos Is a Trend Follower on Trend Following Radio. This episode may also include great outside guests from my archive.

Listen to this episode:

Jump in!

Ep. 605: Mark Kritzman Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Mark Kritzman
Mark Kritzman

Subscribe to Trend Following Radio on iTunes

My guest today is Mark Kritzman, a Senior Lecturer in Finance at the MIT Sloan School of Management, founding Partner and Chief Executive Officer of Windham Capital Management and serves as a senior partner of State Street Associates. Mark has written six books, his latest titled “A Practitioners Guide to Asset Allocation”. Mark began his career on Wall Street in 1974 and was immediately drawn toward systematic trading. At a time when there were not many quantitative traders, he was affectionately titled a “token quant” within his company. Over the years Mark has been an advisor to many funds.

The topic is his book A Practitioner’s Guide to Asset Allocation.

In this episode of Trend Following Radio we discuss:

  • Definition of an asset class
  • Actively managed portfolios
  • Passively managed portfolios
  • Time diversification
  • Portfolio diversification
  • The fallacy of large numbers
  • Leverage
  • Value at risk
  • Risk management
  • Fear and greed
  • Risk and reward
  • Exposure to risk

“Time does not diversify risk.” – Mark Kritzman

“If we just step back, start with the basics and move on from there, that introduces comfort to the investment process.” – Mark Kritzman

Mentions & Resources:

Listen to this episode:

Jump in!

Ep. 604: Mega Decision-Making Episode with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Mega Decision-Making Episode with Michael Covel on Trend Following Radio
Mega Decision-Making Episode with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Mega Decision-Making Episode with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

In this episode of Trend Following Radio we discuss:

  • Aversion to negotiation
  • Negotiating skills
  • Never pretend people are rational
  • Business negotiations compared to hostage negotiations
  • Lying three times
  • “How” and “Why” questions
  • What are superforecasters?
  • Probabilistic thinking
  • Looking at data
  • Location independence
  • 80/20 rule
  • Known knowns, known unknowns, and unknown unknowns
  • Uncertainty
  • How to publish a book

Mentions & Resources:

Listen to this episode:

Want to learn more Trend Following? Watch my video here.

Ep. 603: Frank Ostaseski Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Frank Ostaseski
Frank Ostaseski

Subscribe to Trend Following Radio on iTunes

My guest today is Frank Ostaseski. He has dedicated his life to helping others. He is co-founder of the Zen Hospice Project and founder of the Metta Institute. Frank is a Buddhist teacher, international lecturer and expert on the end-of-life experience. His work spans from helping the homeless to the wealthy to the young and to the elderly have an easier transition to the other side. Frank loves what he does because of how “real” the experience of death is. His new book is The Five Invitations: Discovering What Death Can Teach Us About Living Fully.

The topic is his book The Five Invitations: Discovering What Death Can Teach Us About Living Fully.

In this episode of Trend Following Radio we discuss:

  • The territory of mystery
  • The inevitability and intimacy of dying
  • How saying goodbye at a party relates to saying goodbye when dying
  • Importance of human connection
  • Don’t wait
  • The reality of constant change
  • Openness during the travel experience
  • Trusting our intuition
  • Common humanity
  • Resting in the middle of activity
  • Discovering the truth
  • Stoicism

“One of the most beautiful human qualities that we undervalue is our vulnerability.” – Frank Ostaseski

Mentions & Resources:

Listen to this episode:

Jump in!

Ep. 602: Mike Salguero Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Mike Salguero
Mike Salguero

Subscribe to Trend Following Radio on iTunes

My guest today is Mike Salguero, a serial entrepreneur. His newest venture is Butcher Box – delivering meat from the farm straight to your door. He got his start in the business space selling t-shirts in high school and continued making t-shirts throughout college. He credits his t-shirt businesses to teaching him how to market and grow a brand from the ground up. Mike’s first large scale business was a company that helped carpenters market and sell their custom furniture. The company was called CustomMade. Mike and his business partner bought the URL for $150,000, revamped the website, raised $30 million of venture capital and at it’s peak employed 60 people. By the time Mike left the company they were down to 6 employees. His partner stayed with it and has turned the company around, but most investors lost everything. He learned a lot from CustomMade – the paramount lesson being how to market a product.

The topic is entrepreneur.

In this episode of Trend Following Radio we discuss:

  • Benefits of eating grass fed meat
  • Marketing a product
  • Commodity meat vs. grass fed
  • Raising capital (or the importance of not raising capital)
  • Entrepreneurism
  • Starting a business

“A failed venture is not a failed entrepreneur.” – Anonymous venture capitalist

Mentions & Resources:

Listen to this episode:

Jump in!

Ep. 601: Ryan Moran Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Ryan Moran
Ryan Moran

Subscribe to Trend Following Radio on iTunes

My guest today is Ryan Moran, the founder of Capitalism.com and Freedom Fast Lane. He started with nothing and turned himself into a successful entrepreneur. Ryan helps other self-starting high achievers build their business, reinvest their profits, find freedom in their work and move away from the 9-5 mindset.

The topic is capitalism and entrepreneurism.

In this episode of Trend Following Radio we discuss:

  • Intentional community
  • Capitalism
  • Free market society
  • Opportunity making products
  • Free market society
  • Capitalism vs. Cronyism
  • 2008 crash
  • Life is a gift
  • Artificial intelligence

“Capitalism and freedom is the best thing that we could possibly do for our families, for our kids, for the future and for anything we want to see in the world.” – Ryan Moran

Mentions & Resources:

Listen to this episode:

Jump in!