The Algorithmic Advantage

009 - The Sydney Special - The New Turtle Traders & The Genius of Classic Trend Following


Listen Later

The financial Markets are in a perpetual state of flux, constantly evolving with changes in technology, shifts in regulatory landscapes, and the dynamic entry and exit of market players, all while business cycles ebb and flow.

 

In the face of such uncertainty, how do we navigate these turbulent waters? How can we effectively process the barrage of information available? Does the conventional wisdom of "buy and hold" withstand scrutiny when faced with substantial drawdowns of 50% or more? How do we truly maximize returns and minimise draw-downs? Are there secrets to investing hidden in plain sight?

 

Within the intricate tapestry of the market's daily dance, where buyers and sellers engage in the complex choreography of the free-market system, noise and confusion abound. Yet, amid this chaos, certain traders and investors have thrived over extended periods. They've capitalized on discerning patterns amidst the clamor, leveraging systems and methodologies that exploit fundamental, enduring human behaviors such as fear, greed, and the propensity to follow the crowd...  and follow trends.

 

There are some time-tested, quantitative processes that were refined by the legendary Chicago traders Rich Dennis and Bill Eckhart and they passed these skills on to a group of budding naïve traders in the 1980s. These traders became known as 'the turtles'. With us today is one of those trainees, who now has a track record that extends many decades, and a new breed of adherents to these principles…

 

Enter the modern-day "turtles" that adhere to a "classic

trend-following" approach. How do they navigate the markets, and what adaptations have they made? What principles guide their actions? Well, what better way to unravel these mysteries than to spend a few days in Sydney with them, which is exactly what we've done, and here we are on beautiful Pittwater Harbour, at the offices of ECCM on Scotland Island, talking 'classic trend following' around the barbie with the legends of the game! …

...more
View all episodesView all episodes
Download on the App Store

The Algorithmic AdvantageBy The Algorithmic Advantage

  • 5
  • 5
  • 5
  • 5
  • 5

5

10 ratings


More shows like The Algorithmic Advantage

View all
Top Traders Unplugged by Niels Kaastrup-Larsen

Top Traders Unplugged

582 Listeners

Chat With Traders by Tessa Dao

Chat With Traders

1,984 Listeners

Better System Trader by Andrew Swanscott chats with professional traders Larry Williams, Ernest Cha

Better System Trader

262 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,057 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

937 Listeners

Flirting with Models by Corey Hoffstein

Flirting with Models

225 Listeners

Alpha Exchange by Dean Curnutt

Alpha Exchange

83 Listeners

The Market Huddle by Patrick Ceresna & Kevin Muir

The Market Huddle

363 Listeners

The Acquirers Podcast by Tobias Carlisle

The Acquirers Podcast

306 Listeners

Excess Returns by Excess Returns

Excess Returns

66 Listeners

Macro Hive Conversations With Bilal Hafeez by Bilal Hafeez

Macro Hive Conversations With Bilal Hafeez

93 Listeners

Forward Guidance by Blockworks

Forward Guidance

274 Listeners

The Macro Trading Floor by Alfonso Peccatiello & Brent Donnelly

The Macro Trading Floor

214 Listeners

Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

Thoughtful Money with Adam Taggart

371 Listeners

Monetary Matters with Jack Farley by Jack Farley

Monetary Matters with Jack Farley

91 Listeners