Chat With Traders

271: Tom Basso - The Sweet Balance Between Risk and Reward


Listen Later

Experiencing the brutal bear market of 1973-74 impressed upon Tom the necessity to find ways to hedge risk. This began a multi year long quest to find the right combination of uncorrelated assets, technical indicators and adjust the weightings as needed to provide enough protection to fill in the potholes of equity drawdowns while retaining the bulk of upside potential. Having a sweet balance between risk and reward both in the financial markets and in his personal life has enabled Tom to maintain a serene disposition.

Tom Basso’s Background:

Tom Basso is an American hedge fund manager. He was president and founder of Trendstat Capital Management. He has authored two books, Panic-Proof Investing and the self-published The Frustrated Investor. In 1998, he was elected to the board of the National Futures Association. Basso graduated from Clarkson University in Potsdam, New York in 1974, where he majored in chemical engineering. Prior to his career in trading, Basso worked as an engineer for Monsanto Company. He became a registered investment advisor in 1980 and a registered commodities advisor in 1984. Basso established Trendstat Capital in 1984 and served as its CEO until his retirement. Having retired from active trading in 2003, he now manages his own portfolios and provides guidance to aspiring traders.

Learn more about your ad choices. Visit megaphone.fm/adchoices

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

Chat With TradersBy Tessa Dao

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

1,960 ratings


More shows like Chat With Traders

View all
Top Traders Unplugged by Niels Kaastrup-Larsen

Top Traders Unplugged

587 Listeners

We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,370 Listeners

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders by Etienne Crete

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

98 Listeners

Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,070 Listeners

Swing Trading the Stock Market by Ryan Mallory

Swing Trading the Stock Market

786 Listeners

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) by Cam Hawkins

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

224 Listeners

The Market Huddle by Patrick Ceresna & Kevin Muir

The Market Huddle

362 Listeners

Investing With IBD by Investor's Business Daily

Investing With IBD

381 Listeners

B The Trader by Alex B

B The Trader

353 Listeners

Excess Returns by Excess Returns

Excess Returns

66 Listeners

Stock Market Options Trading by Eric O'Rourke

Stock Market Options Trading

292 Listeners

The Day Trading Show by Austin Silver

The Day Trading Show

43 Listeners

Forward Guidance by Blockworks

Forward Guidance

272 Listeners

Day Trading for Beginners by Tyler Stokes

Day Trading for Beginners

46 Listeners

Words of Rizdom by Riz Iqbal

Words of Rizdom

15 Listeners