Top Traders Unplugged

Top Traders Unplugged

By Niels Kaastrup-LarsenBusinessNewsInvestingBusiness News
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Top Traders Unplugged episodes

  • TTU102: What Institutions have Learnt about Investing ft. Nigol Koulajian of Quest Partners – 2of2

    Katy Kaminski and I continue our conversation with Nigol Koulajian, and discuss if his strategies of working with, around, and doing the opposite of what many investors are doing, has given him any advantages? In this episode, we talk about the risk of research and data affecting the market, why he distrusts in many institutional teachings of finance, and what he is looking forward to this year.

    -----

    50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE

    In This Episode, You’ll Learn:

    • How savvy investors stay ahead of the curve
    • Why you need to isolate yourself from the hivemind of mainstream investors
    • Why those using smart beta have not succeeded recently
    • Nigol’s opinion on VIX’s impact in and outside the managed futures industry
    • How Nigol adapts to the changing industry
    • Why Nigol calls filtering the “holy grail” and how he uses it
    • The state of institutional and scientific learning of investing
    • How research into the markets affects their behavior
    • What opportunities 2018 brings for Nigol and other investors
    • Why Nigol believes CTA’s are still very useful for managed futures

    -----


    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 “Ten Reasons to Add Trend Following to Your Portfolio” 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 Twitter

    Follow Nigol Koulajian on LinkedIn

    Copyright © 2025 – CMC AG – All Rights Reserved

    ----

    PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:

    1. eBooks that cover key topics that you need to know about

    In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here

    2. Daily Trend Barometer and Market Score

    One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here

    3. Other Resources that can help you

    And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here

    Privacy Policy

    Disclaimer

    34 min
  • 101 Why You Should Trust The Short-Term Over The Long-Term with Nigol Koulajian of Quest Partners – 1of2

    “People say, ‘how did you manage to raise so much money by losing so much?’.” - Nigol Koulajian (Tweet)
    Nigol Koulajian is the Founder and Chief Investment Officer of Quest Partners LLC, and has been designing and trading short-term and long-term technical systems for over 22 years. Coming from Columbia business school, many of Nigol’s general practices seem counter-intuitive but have consistently yielded results. This interview will help get you deeper into the trading and management philosophy that has made Quest Partners such a successful firm.

    Thank you for listening and please welcome our guest, Nigol Koulajian.



    Subscribe on:


    In This Episode, You'll Learn:

    How Nigol got started with trading systems

    “There are so many layers of learning. Every time you think you’ve learned something, you realize there are many more layers.” - Nigol Koulajian (Tweet)

    How Quest Partners grew to where it is today
    What Nigol has learned from his unique path into managed futures
    Why clearly defining your process is value added to your product
    Why Nigol is okay with always being in a state of failure

    “I’ve chosen to try to live in a way where I feel like I know nothing, and I know that what I know today is going to become irrelevant tomorrow.” - Nigol Koulajian (Tweet)

    How developing nuance in his intuitive process has become Nigol’s greatest asset
    What role meditation has played in Nigol’s career
    What factors played into Quest’s success
    Why Quest takes tail risk into account while normalizing returns

    “I think with meditation, I would say anybody can succeed in anything they do because your mind becomes so malleable.” - Nigol Koulajian (Tweet)

    Why Nigol puts more trust in short-term over the long-term
    Some of Nigol’s short-term trading strategies
    What Nigol is studying right now
    How writing white papers has helped Nigol’s relationships with his clients

    “In general in the last twenty years, the more long term you’ve been, the less positive convexity you generate.” - Nigol Koulajian (Tweet)

    Why focusing on your investors can be hurting your long-term growth
    How Quest Partners has changed to fit the post-2010 financial climate
    The problem with smart beta


    Connect with Quest Partners LLC:
    Visit the Website: http://www.questpartnersllc.com/

    Call Quest Partners LLC: +1 (212) 838 7222

    E-Mail Quest Partners LLC: [email protected]

    Follow Nigol Koulajian on LinkedIn

     
    “I always feel like I’m in a state of failure, I never feel comfortable.” - Nigol Koulajian (Tweet)
    38 min
  • TTU101: Should You Trust The Short-Term Over The Long-Term? ft. Nigol Koulajian of Quest Partners – 1of2

    Nigol Koulajian is the Founder and Chief Investment Officer of Quest Partners LLC, and has been designing and trading short-term and long-term technical systems for over 22 years. Coming from Columbia business school, many of Nigol’s general practices seem counter-intuitive but have consistently yielded results. This interview will help get you deeper into the trading and management philosophy that has made Quest Partners such a successful firm.

    -----

    50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE

    In This Episode, You’ll Learn:

    • How Nigol got started with trading systems
    • How Quest Partners grew to where it is today
    • What Nigol has learned from his unique path into managed futures
    • Why clearly defining your process is value added to your product
    • Why Nigol is okay with always being in a state of failure
    • How developing nuance in his intuitive process has become Nigol’s greatest asset
    • What role meditation has played in Nigol’s career
    • What factors played into Quest’s success
    • Why Quest takes tail risk into account while normalizing returns
    • Why Nigol puts more trust in short-term over the long-term
    • Some of Nigol’s short-term trading strategies
    • What Nigol is studying right now
    • How writing white papers has helped Nigol’s relationships with his clients
    • Why focusing on your investors can be hurting your long-term growth
    • How Quest Partners has changed to fit the post-2010 financial climate
    • The problem with smart beta

    -----


    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 “Ten Reasons to Add Trend Following to Your Portfolio” 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 Twitter

    Follow Nigol on LinkedIn

    Copyright © 2025 – CMC AG – All Rights Reserved

    ----

    PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:

    1. eBooks that cover key topics that you need to know about

    In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here

    2. Daily Trend Barometer and Market Score

    One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here

    3. Other Resources that can help you

    And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here

    Privacy Policy

    Disclaimer

    38 min
  • 100 The Importance of Transparency With Your Clients with Robert Sinnott of AlphaSimplex – 2of2

    “These are literally billion dollar questions. If you could answer any of these questions to any degree of satisfaction, you could put the rest of us out of business.” - Robert Sinnott (Tweet)
    In our continued conversation with Robert Sinnott, Katy Kaminski and I dive into why AlphaSimplex has been so successful, why Robert values transparency in his firm so highly, and what he advises for new and rising-star investors. He goes deep into what he is excited about and afraid of with managed futures, and what he’s looking forward to accomplishing with AlphaSimplex in the future.

    Thanks for listening and please welcome back Robert Sinnott.



    Subscribe on:


    In This Episode, You'll Learn:

    Why AlphaSimplex maintains a pure trend program

    “[Investors] want that consistency of process, they want that consistency of mandate, they want that consistency of understanding.” - Robert Sinnott (Tweet)

    What problems in the trend following space Robert hopes to solve
    The challenges that AlphaSimplex deals with on a regular basis
    What factors have given AlphaSimplex it’s success

    “There will be constraints to how big your portfolio can be, and I will say that our fund cannot be anything close to the size of the really large firms in this space.” - Robert Sinnott (Tweet)

    Why Robert holds transparency in such high regard
    How the models Robert uses employ smart long-term and short-term assessment and why
    When your size as a firm hurts your performance

    “Market distributions are not normal. Those fat tails exist, and they can surprise you.” - Robert Sinnott (Tweet)

    What about managed futures makes Robert the most excited
    The things about managed futures that keep Robert up at night
    Why the models you are reading about are wrong

    “If you want to be successful, you have to be humble, you have to take what the market gives you, and you have to learn and adapt and adjust to that state of affairs, not the one that you want to happen to be the case.” - Robert Sinnott (Tweet)

    Robert’s advice for young and rising star investors
    Why Robert believes the right question can often more important than the answer

    Resources & Links Mentioned in this Episode:

    Learn more about Joe Blitzstein's "Introduction to Probability"
    Check out Robert Carver's episodes on TopTraders Unplugged as well as his book "Systematic Trading: A unique new method for designing trading and investing systems"
    Find out more about my co-host Katy Kaminski's "Trend Following with Managed Futures: The Search for Crisis Alpha"

     
    Connect with AlphaSimplex:
    Visit the Website: www.alphasimplex.com

    Call AlphaSimplex: +1 617-475-7100

    E-Mail AlphaSimplex: [email protected]

    Follow Robert Sinnott on LinkedIn

     
    “Managed futures has gone through every interesting period in the recent past. It hasn’t had very strong performance, but it has had a few instances where equity markets actually fell, and managed futures performed quite well.” - Robert Sinnott (Tweet)
    39 min
  • TTU100: Being Transparent With Your Clients ft. Robert Sinnott of AlphaSimplex – 2of2

    In our continued conversation with Robert Sinnott, Katy Kaminski and I dive into why AlphaSimplex has been so successful, why Robert values transparency in his firm so highly, and what he advises for new and rising-star investors. He goes deep into what he is excited about and afraid of with managed futures, and what he’s looking forward to accomplishing with AlphaSimplex in the future.

    -----

    50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE

    In This Episode, You’ll Learn:

    • Why AlphaSimplex maintains a pure trend program
    • What problems in the trend following space Robert hopes to solve
    • The challenges that AlphaSimplex deals with on a regular basis
    • What factors have given AlphaSimplex its success
    • Why Robert holds transparency in such high regard
    • How the models Robert uses employ smart long-term and short-term assessment and why
    • When your size as a firm hurts your performance
    • What about managed futures makes Robert the most excited
    • The things about managed futures that keep Robert up at night
    • Why the models you are reading about are wrong
    • Robert’s advice for young and rising star investors
    • Why Robert believes the right question can often more important than the answer

    -----


    Resources & Links Mentioned in this Episode:

    • Learn more about Joe Blitzstein’s “Introduction to Probability”
    • Find out more about my co-host Katy Kaminski’s “Trend Following with Managed Futures: The Search for Crisis Alpha” 

    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 “Ten Reasons to Add Trend Following to Your Portfolio” 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 Rob on LinkedIn

    Copyright © 2025 – CMC AG – All Rights Reserved

    ----

    PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:

    1. eBooks that cover key topics that you need to know about

    In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here

    2. Daily Trend Barometer and Market Score

    One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here

    3. Other Resources that can help you

    And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here

    Privacy Policy

    Disclaimer

    39 min
  • 99 Understanding The Good and Bad of Machine Learning with Robert Sinnott of AlphaSimplex – 1of2
    "“I couldn’t resist the chance of working with a small tight-knit group of individuals who are focused more on the research, more on understanding the markets than just making money.” - Robert Sinnott (Tweet)
    From the very beginning, Robert Sinnott has studied the movement of the markets and how to anticipate their changes. Robert earned both an A.B. and an A.M. in Statistics from Harvard University, where he focused on statistical machine learning, capital markets, and time series analysis.
    In our conversation, my co-host Katy Kaminski and I talk with Robert about how he has used these skills to redesign AlphaSimplex’s performance analytics infrastructure and develop smarter machine learning processes, and how Robert employs this data with such success.
    Thank you for listening and please welcome our guest, Robert Sinnott.

    Subscribe on:

    In This Episode, You'll Learn:

    The history behind AlphaSimplex and how it began

    “How do you think about markets? What are your assumptions about how markets behave? What are your assumptions about how markets interact?” - Robert Sinnott (Tweet)

    How Robert got involved with AlphaSimplex
    How the surrounding technology industry affects Robert’s work
    What lessons Robert has learned from his time at AlphaSimplex

    “So [our machine learning] is not a black box in any way, shape, or form to us, and that is critical in terms of how we develop these models.” - Robert Sinnott (Tweet)

    How Robert spends his time outside of his work
    How adaptive markets shape the way Robert works
    Why Robert utilizes machine learning and how it benefits AlphaSimplex

    “You will never capture all of the factors, all of the drivers, all of the sources of impetus that are driving the individual actors of the markets.” - Robert Sinnott (Tweet)

    The dangers of relying too much on machine learning
    What makes AlphaSimplex’s machine learning so easy to understand

     
    Connect with AlphaSimplex:
    Visit the Website: www.alphasimplex.com
    Call AlphaSimplex: +1 617-475-7100
    E-Mail AlphaSimplex: [email protected]
    Follow Robert Sinnott on LinkedIn
     
    “All models are wrong; some are useful.” - Robert Sinnott (Tweet)
    Full Transcript
    The following is a full detailed transcript of this conversion. Click here to subscribe to our mailing list, and get full access to our library of downloadable eBook transcripts!
    Niels
    So Rob, thanks so much for coming on the podcast today. Katy and I are very excited to have you here. We really appreciate you taking time out to do this. Now, your firm has an interesting story. There’s an interesting history behind it. I was hoping that maybe we could start off there by just you talking about the background of AlphaSimplex. 
    Rob
    Sure, be happy to Niels, and thank you for having me on your show. So, AlphaSimplex is not a name that, at least a couple of years ago, most people thought of. You can think of us a little bit as one of the later comers to managed futures, but we were right there in the thick of it with the quantitative firms that started in the 90s. Like many other managers, we got our start and got most of our early funding as a consultancy rather than a manager or an asset manager. Then we did everything from tactical asset allocation, risk models, even trading our algorithmic execution models. It wasn’t until about 2003 that we began running assets under the name AlphaSimplex, and it wasn’t until around 2007, 2008, when we were acquired by Natixis, that we really started having the amount of distribution and the relative exposure that we’re experiencing today. 
    Katy
    So Rob, maybe you can tell us a little bit about your past into managed futures, a little bit more about your background and how you ended up where you are today.
    36 min
  • TTU99: The Good and Bad of Machine Learning ft. Robert Sinnott of AlphaSimplex – 1of2

    From the very beginning, Robert Sinnott has studied the movement of the markets and how to anticipate their changes. Robert earned both an A.B. and an A.M. in Statistics from Harvard University, where he focused on statistical machine learning, capital markets, and time series analysis.

    In our conversation, my co-host Katy Kaminski and I talk with Robert about how he has used these skills to redesign AlphaSimplex’s performance analytics infrastructure and develop smarter machine learning processes, and how Robert employs this data with such success.

    -----

    50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE

    In This Episode, You’ll Learn:

    • The history behind AlphaSimplex and how it began
    • How Robert got involved with AlphaSimplex
    • How the surrounding technology industry affects Robert’s work
    • What lessons Robert has learned from his time at AlphaSimplex
    • How Robert spends his time outside of his work
    • How adaptive markets shape the way Robert works
    • Why Robert utilizes machine learning and how it benefits AlphaSimplex
    • The dangers of relying too much on machine learning
    • What makes AlphaSimplex’s machine learning so easy to understand

    -----


     Resources & Links Mentioned in this Episode:

    • Learn more about Joe Blitzstein’s “Introduction to Probability”
    • Find out more about my co-host Katy Kaminski’s “Trend Following with Managed Futures: The Search for Crisis Alpha” 

    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 “Ten Reasons to Add Trend Following to Your Portfolio” 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 Rob on LinkedIn

    Copyright © 2025 – CMC AG – All Rights Reserved

    ----

    PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:

    1. eBooks that cover key topics that you need to know about

    In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here

    2. Daily Trend Barometer and Market Score

    One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here

    3. Other Resources that can help you

    And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here

    Privacy Policy

    Disclaimer

    36 min
  • 98 Adapting to the Ever Changing Markets with Marty Bergin of DUNN Capital – 2of2

    “I really feel that the one missing piece in our program is short-term timeframe. If I could find something that worked in the short-term timeframe, I would love to add it to the program in some way.” - Marty Bergin (Tweet)
    Katy Kaminski and I continue our conversation with Marty Bergin, and discuss his philosophy behind DUNN Capital's success, and why many investors don't understand trend following strategies. In this episode, we will discuss what investors and trend followers should be focusing on, and what risks excessive regulation may lead to for the industry.

    Thanks for listening and please welcome our guest Marty Bergin.



    Subscribe on:


    In This Episode, You'll Learn:

    How DUNN views it’s expansion into more markets

    “The other adage is that managed futures can’t make money in a rising interest rate environment. That just doesn’t make any sense to me.” - Marty Bergin (Tweet)

    Why their NO management fee policy has helped DUNN throughout the years
    How DUNN will adapt to the ever changing market environment
    What investors have a hard time understanding about trend followers

    “The fact that we lost money for six straight months in 2017 never has happened in the history of Dunn, but in that period of time we lost 5 percent. In trading at the volatility levels that we trade at, that’s phenomenal.” - Marty Bergin (Tweet)

    Marty’s goal over the next ten years
    What Marty fears most in his work at DUNN
    The most important question investors should be asking themselves right now

    “I don’t think people understand in a firm how much the dynamic can change when you bring in new people, and we spend a lot of time researching for people we bring into the firm.” - Marty Bergin (Tweet)

    Why Marty believes trend following strategies should be more widely available
    Marty’s advice to young investors and aspiring trend followers

     
    Connect with DUNN Capital:
    Visit the Website: www.dunncapital.com

    Call DUNN Capital: + 1 (772) 286-4777

    E-Mail DUNN Capital: [email protected]

     
    “Most of the key things about what we do are things I learned from Bill, and some of them aren’t even accepted in the industry.” - Marty Bergin (Tweet)
    39 min
  • TTU98: Adapting to the Ever Changing Markets ft. Marty Bergin of DUNN Capital – 2of2

    Katy Kaminski and I continue our conversation with Marty Bergin, and discuss his philosophy behind DUNN Capital’s success, and why many investors don’t understand trend following strategies. In this episode, we will discuss what investors and trend followers should be focusing on, and what risks excessive regulation may lead to for the industry.

    -----

    50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE

    In This Episode, You’ll Learn:

    • How DUNN views it’s expansion into more markets
    • Why their NO management fee policy has helped DUNN throughout the years
    • How DUNN will adapt to the ever changing market environment
    • What investors have a hard time understanding about trend followers
    • Marty’s goal over the next ten years
    • What Marty fears most in his work at DUNN
    • The most important question investors should be asking themselves right now
    • Why Marty believes trend following strategies should be more widely available
    • Marty’s advice to young investors and aspiring trend followers

    -----


    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 “Ten Reasons to Add Trend Following to Your Portfolio” 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.

    Learn more about DUNN: www.dunncapital.com

    Copyright © 2025 – CMC AG – All Rights Reserved

    ----

    PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:

    1. eBooks that cover key topics that you need to know about

    In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here

    2. Daily Trend Barometer and Market Score

    One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here

    3. Other Resources that can help you

    And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here

    Privacy Policy

    Disclaimer

    39 min
  • 97 Keeping Your Firm Client-First with Marty Bergin of DUNN Capital – 1of2
    “[Bill] thought he was the only person [using trend following], and to tell the truth, I’m not sure that he was completely confident that it worked." - Marty Bergin (Tweet)
    Our guest today is the President and Owner of DUNN Capital. Having a deep background in finance and business management, Marty oversees all mission-critical operations of the firm, including the firm’s research and development efforts as well as the construction and management of the firm’s managed futures portfolios.
    In our conversation, my co-host Katy Kaminski and I discuss with Marty DUNN Capital's client-first business model, why he believes that their Adaptive Risk Profile has been a game-changer since its introduction in 2013, and how DUNN Capital has evolved since he joined more than 20 years ago.
    Thanks for listening and please welcome our guest Marty Bergin.

    Subscribe on:

    In This Episode, You'll Learn:

    How Bill Dunn started DUNN Capital

    “Bill and I are true believers that it’s the people that makes the business.” - Marty Bergin (Tweet)

    How Marty minimizes risk down to the base level
    What lessons Marty has learned from his time at DUNN Capital
    Why Marty believes being client-centric is key to DUNN Capital’s success

    “Bill always said he was on the same side of the table as the client.” - Marty Bergin (Tweet)

    How research plays a larger role within DUNN Capital than most people think
    How DUNN Capital has changed since Marty joined
    How Marty views return dispersion

    “If all the stocks are highly correlated, aren’t you really only invested in one thing?” - Marty Bergin (Tweet)

    Why certain “diverse” stock choices are not very diverse
    What makes DUNN's Adaptive Risk Profile unique
    The one thing that is missing from Marty’s trend following program

     
    Connect with DUNN Capital:
    Visit the Website: www.dunncapital.com
    Call DUNN Capital: + 1 (772) 286-4777
    E-Mail DUNN Capital: [email protected]
     
    "The big houses make more money off the management fee than they ever will off the incentive fee, and they know that.” - Marty Bergin (Tweet)
    Full Transcript
    The following is a full detailed transcript of this conversion. Click here to subscribe to our mailing list, and get full access to our library of downloadable eBook transcripts!
    Niels
    Marty, welcome back to the podcast, it’s good to have you here. Now you were one of the few people who have been back to Top Traders Unplugged, and it’s been almost four years since our first conversation. So, perhaps as a starting point, and for the benefit of all the new listeners that have joined since, why don’t you give a quick background to DUNN.  
    But before you do that, of course, I have to be very open about it that I, of course, work for you, and work for DUNN, so that there’s no confusion. So, I’m going to let Katy ask all the difficult questions today, but let’s see how that goes. 
    Give us a little bit of an update on DUNN and what we do. 
    Marty
    Well, thanks for having me. I’m a little disappointed that this is your first person that’s come back a second time. (Laughter) I feel like I’m honored, to some degree, but I guess since we have such a close working relationship, nobody should be surprised. 
    Regarding the history of DUNN, it was formed in 1974 by William A. Dunn, which I would consider a pioneer in the trend space. He was doing trend following before the regulator body was even formed.  
    Some people think of him as being one of the Turtles, which is a misconception. Bill was not part of the Turtles. He was doing his research independently of that group. 
    Niels
    And many years before that group. 
    Marty
    Quite a few years before… 
    The reality was that Bill had no idea that anybody else was even working ...
    33 min

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