Please enjoy my monologue Disruptive Innovator 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:
Math in football
Thinking like a contrarian
Risk management
Fundamentals
“I am the type of guy that believes humans make mistakes when they make decisions off of emotion.” – Kevin Kelley
“Doing something different just to be different, that can’t sustain itself. It has to contribute to winning or it falls by the wayside.” – Kevin Kelley
My guest today is Michael Ellsberg, an American author, blogger and public speaker. Ellsberg is credited for inventing “eye-gazing parties,” a craze in 2010 where participants stare deeply into each other’s eyes and follow up if they feel they made a connection. He is also a book editor and has spoken at Google and Peter Thiel’s Fellow Retreat.
The topics are his books The Last Safe Investment: Spending Now to Increase Your True Wealth Forever and The Education of Millionaires: Everything You Won’t Learn in College About How to Be Successful.
In this episode of Trend Following Radio we discuss:
Super skill vs. Market skill
Systemic spending
Cultivating meaningful relationships
Thinking three dimensional
Creating happiness in your life
“The things you actually want to experience in your life, you can’t just buy them when you’re 65.” – Michael Ellsberg
My guest today is Vineer Bhansali, founder and CIO of Long Tail Alpha. Vineer’s 29-year investment career started at Citibank, where he founded and managed the Exotic and Hybrid Options Trading Desk. He later joined Salomon Brothers in its Fixed Income Arbitrage Group, followed by the CSFB Proprietary Trading Group. Dr. Bhansali was at PIMCO for 16 years, serving the last eight years as MD and Head of the Quantitative Portfolios Team, which he founded in 2008.
The topic is his journal A Behavioral Perspective on Tail Risk Hedging.
In this episode of Trend Following Radio we discuss:
Is trend following mean reverting?
Tail risks
Tail hedges
Human behavior and biases
Importance of a dynamic portfolio
“[Trading] really very much depends on people’s behavior and your extraction of what is driving that behavior.” – Vineer Bhansali
My guest today is Philip Tetloc, a Canadian American political science writer currently at The Wharton School of the University of Pennsylvania. He is right at the intersection of psychology, political science and organizational behavior. Phil is also a co-principle investigator of The Good Judgment Project, a study on the art and science of prediction and forecasting.
The topic is his book Superforecasting: The Art and Science of Prediction.
In this episode of Trend Following Radio we discuss:
What are superforecasters?
Probabilistic thinking
Looking at data
“It is interesting that their seems to be more software engineers that are superforecasters than political scientists.” – Phil Tetlock
My educational background is in physics and economics and professionally I own an internet advertising and online publishing business. So I’m comfortable with numbers and fairly entrepreneurial.
Since reading your books and listening to your podcasts I’ve been busy programming and developing a trend following trading strategy all with set conditions on: when to open positions, how to manage funds and risk exposure, rules for what to do when a trend breaks out, and a stop loss system that defines when to exit at all times win or lose. All done programmatically and connected into the trading platforms API’s. I now feel confident in the process being put in place to be successful with my trading (regardless of whether this particular strategy back tests well or not) and I’m excited for what 2016 and further into the future have in store. An amazing change in less than 6 weeks.
It has been a fantastic learning process for me and it is a process that is on-going and one that I feel has changed my life forever. Without your efforts I don’t think I would have come across any of this and it is for this this reason that I felt I needed to email you to let you know how your work has impacted me.
Please enjoy my monologue The Wizard Jeremy Siegel Filleted 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:
Predictions
CNBC Analysts
What is a bull and bear market?
“Jeremy Siegel is one of the great ones. [His article at the market top was] one of the most stark and prescient calls I have ever seen.” – Jim Cramer
