“[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.
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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 ...