In today’s episode we are joined by Michael Green, of Logica Capital advisors. Michael has over 20 years as a portfolio manager, mainly in the global macro space. Recently he has become well known because of his work on the shift to passive investing, and inevitably this was one of the topics we wanted to ask Mike about. Our conversation wasn’t limited to that however, and we also discussed comparisons between the present day and previous historical crisis (going back to the Roman Empire!), as well as many other interesting subjects.

IT's TRUE 👀 - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here: http://bit.ly/36bzny2

And you can get a free copy of my latest book "The Many Flavors of Trend Following" here: www.toptradersunplugged.com/book

Send your questions to [email protected]

Follow Niels, Moritz, Rob & Michael on Twitter:

@TopTradersLive, @MoritzSeibert, @InvestingIdiocy & @ProfPlum99

And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast.

In today’s show, we discuss why a great defence is necessary for great portfolios, Trend Following on ETFs, why liquidity is often an under-appreciated factor when choosing markets, why you need to include shorts, tips for testing system code, why futures are better for short positions than stocks, and why investing in alternative strategies can allow you to be more aggressive when chasing stock market returns. We also answer some of your questions, including: What is your chosen measure of liquidity? Do you place your trades at the open, close, or other times? 

If you would like to leave us a voicemail to play on the show, you can do so here: https://www.speakpipe.com/ttuvoicemail

Learn more about the Trend Barometer here: https://www.toptradersunplugged.com/resources/market-trends/

IT's TRUE - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here: http://bit.ly/36bzny2

And you can get a free copy of my latest book "The Many Flavors of Trend Following" here: www.toptradersunplugged.com/book

Send your questions to [email protected]

Follow Niels & Moritz on Twitter:

@TopTradersLive & @MoritzSeibert

And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast.

Our guest today is Danielle DiMartino Booth, CEO and chief strategist for Quill intelligence. One of the major themes of our podcast series so far has been the reactions of central banks to the global pandemic, and it’s likely effects on inflation and asset prices. As a former Fed insider, with nine years of experience as an advisor to the president of the Dallas Fed, Danielle is uniquely positioned to give us her take on the action taken by central banks so far, and what their next move is likely to be. However, our conversation was not just about the Fed, as it covered many other interesting topics including the curious timing of the US-China trade talks in January 2020 (one for conspiracy theorists!).

IT's TRUE 👀 - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here: http://bit.ly/36bzny2

And you can get a free copy of my latest book "The Many Flavors of Trend Following" here: www.toptradersunplugged.com/book

Send your questions to [email protected]

Follow Niels, Moritz, Rob & Danielle on Twitter:

@TopTradersLive, @MoritzSeibert, @InvestingIdiocy & @DiMartinoBooth

And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast.

Today, we’re delighted to welcome Mark Rzepczynski onto the show to discuss his time working with John W. Henry and what J. W. Henry’s ‘secret weapon’ was, the most effective way to gain downside protection, how to overcome behavioural biases in investing, how diversification can reduce profitability during huge trends, how to effectively make the case for Trend Following to potential investors, where returns dispersion among CTAs is stemming from, and one of our favourite topics: how many markets in a portfolio is too many?

Check out Mark’s blog here: https://mrzepczynski.blogspot.com

If you would like to leave us a voicemail to play on the show, you can do so here: https://www.speakpipe.com/ttuvoicemail

Learn more about the Trend Barometer here: https://www.toptradersunplugged.com/resources/market-trends/

IT's TRUE - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here: http://bit.ly/36bzny2

And you can get a free copy of my latest book "The Many Flavors of Trend Following" here: www.toptradersunplugged.com/book

Send your questions to [email protected]

Follow Niels, Moritz, & Mark on Twitter:

@TopTradersLive, @MoritzSeibert & @MRzepczynski

And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast.

Today we are very lucky to welcome Larry McDonald as our guest. Larry is the founder of the Bear Traps report, and has extensive experience in consulting and investment banking. His bestselling book “A colossal failure of common sense”, described his time as a Vice President at Lehman brothers where Larry had a ringside view of the last financial crisis. Needless to say this gives him an interesting perspective on the current state of the global markets. Our very enjoyable conversation covered a wide range of topics from high level macro, across Silver and Copper, and down to individual stocks like Tesla.

IT's TRUE 👀 - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here: http://bit.ly/36bzny2

And you can get a free copy of my latest book "The Many Flavors of Trend Following" here: www.toptradersunplugged.com/book

Send your questions to [email protected]

Follow Niels, Moritz, Rob & Larry on Twitter:

@TopTradersLive, @MoritzSeibert, @InvestingIdiocy & @Convertbond

And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast.

Today's guest is Erik Townsend, host of the Macro voices podcast. Erik has an unusual background, as he had a very successful career as a technology entrepreneur before turning his hand to commodity trading. His background gives him a different perspective to many in the financial world, as we discovered in our conversation. Our discussion explored the possible consequences of the action taken by central banks in the last and current crisis; including rampant inflation, social unrest, and the overthrow of the dollar as the worlds reserve currency. As Erik said towards the end of our conversation “Put your seatbelt on, there could be some rough turbulence ahead”!

Learn more about the Trend Barometer here: https://www.toptradersunplugged.com/resources/market-trends/

IT's TRUE - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here: http://bit.ly/36bzny2

And you can get a free copy of my latest book "The Many Flavors of Trend Following" here: www.toptradersunplugged.com/book

Send your questions to [email protected]

Follow Niels, Moritz, Rob & Erik on Twitter:

@TopTradersLive, @MoritzSeibert, @InvestingIdiocy & @ErikSTownsend

And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast.

Today, Robert Carver joins us to discuss JP Morgan’s comments on markets being fabricated by central bank liquidity, Tesla’s incredible swings in market cap, thoughts on Warren Buffett’s recent ‘value’ purchase, the point at which diversification in a portfolio becomes dilution, and the benefits of diversifying among different Trend Following managers.

If you would like to leave us a voicemail to play on the show, you can do so here: https://www.speakpipe.com/ttuvoicemail

Learn more about the Trend Barometer here: https://www.toptradersunplugged.com/resources/market-trends/

IT's TRUE - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here: http://bit.ly/36bzny2

And you can get a free copy of my latest book "The Many Flavors of Trend Following" here: www.toptradersunplugged.com/book

Send your questions to [email protected]

Follow Niels, Moritz & Rob on Twitter:

@TopTradersLive, @MoritzSeibert & @InvestingIdiocy

And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast.

Our guest for today’s episode is Preston Pysh, founder of BuffetsBooks.com and co-host at The Investors Podcast network. As a graduate of both West Point and John Hopkins, Preston is certainly the only person we have interviewed who has both an MBA but can also fly a helicopter. Mostly in the interview we were talking about economics rather than military strategy, but the topic of aUS/China war did come up briefly. Preston has spent a lot of time thinking about value investing, and some of the most interesting parts of our discussion centred around the effects that money printing and technological change have had for the traditional value investor. But we also had a wide ranging chat about many other topics, including Moritz’s current favourite: Bitcoin.

IT's TRUE 👀 - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here: http://bit.ly/36bzny2

And you can get a free copy of my latest book "The Many Flavors of Trend Following" here: www.toptradersunplugged.com/book

Send your questions to [email protected]

Follow Niels, Moritz, Rob & Preston on Twitter:

@TopTradersLive, @MoritzSeibert, @InvestingIdiocy & @PrestonPysh

And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast.

Our guest in todays episode is Julian Brigden, co-founder of MI2 partners. Julian has decades experience in investment banking on both sides of the Atlantic, and is a true original thinker. We had a highly enjoyable conversation with Julian, who has a unique knack of explaining his frequently controversial views in a thoroughly entertaining fashion. He has a wide knowledge of topics as varied as silver and shale oil, and his historical references ranged from the 2008 crash all the way back to the Black Death in the middle ages.

If you would like to leave us a voicemail to play on the show, you can do so here: https://www.speakpipe.com/ttuvoicemail

Learn more about the Trend Barometer here: https://www.toptradersunplugged.com/resources/market-trends/

IT's TRUE - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here: http://bit.ly/36bzny2

And you can get a free copy of my latest book "The Many Flavors of Trend Following" here: www.toptradersunplugged.com/book

Send your questions to [email protected]

Follow Niels, Moritz Rob, & Julian on Twitter:

@TopTradersLive, @MoritzSeibert, @InvestingIdiocy, and @JulianMI2

And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast.

On today’s episode, we discuss the clear link between stock market prices & the Federal Reserve balance sheet, the widening gap between the best & worst CTA performances, the influx of retail money into the stock market, how RobinHood makes its profits despite offering free trading, bond prices and what they may be telling us about the future, how CTAs might now be swinging back to the long side, and how lofty expectations are driving many stock prices unexpectedly higher.

If you would like to leave us a voicemail to play on the show, you can do so here: https://www.speakpipe.com/ttuvoicemail

Learn more about the Trend Barometer here: https://www.toptradersunplugged.com/resources/market-trends/

IT's TRUE - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here: http://bit.ly/36bzny2

And you can get a free copy of my latest book "The Many Flavors of Trend Following" here: www.toptradersunplugged.com/book

Send your questions to [email protected]

Follow Niels & Moritz on Twitter:

@TopTradersLive and @MoritzSeibert.

And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast.