01.20.2024 - By Niels Kaastrup-Larsen
In this episode, I'm joined by Katy Kaminski, who delves into the nuances distinguishing momentum trading from trend following, emphasizing the importance of comprehending the underlying philosophy of a trading strategy. Katy sheds light on the concept of 'pure trend' and offers insights on identifying convergent patterns within a trend following approach. We also reflect on the peculiarities of 2023, with Katy sharing her perspective on why we might be entering 'the final phase' and her expectations of a "bumpy" rather than smooth or abrupt economic transition, among other insightful topics. ----- EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder Tool -----
Follow Niels on Twitter, LinkedIn, YouTube or 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 “The Many Flavors of Trend Following” here. Learn more about the Trend Barometer here. Send your questions to [email protected] 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. Follow Katy on LinkedIn. Episode TimeStamps: 00:52 - A funny story from Katy 02:34 - An important shout-out 03:42 - A rare event in Denmark 06:55 - Industry performance update 08:10 - Thoughts on 2024 so far 09:42 - The difference between momentum and trend following 13:53 - Convergent vs. divergent strategies 24:08 - What does "pure trend" mean to Katy? 28:03 - What makes you a pure trend follower? 32:53 - Looking back at 2023 37:48 - An unusual year 43:22 - Discussing Katy's paper on fixed income 47:43 - How were trend models positioned in the 1960's? 51:11 - What does your position mean? 54:40 - Next big bull market in commodities? 56:10 - Thanks for listening Resources discussed in this Episode:<a...