Trend Following & Michael Covel Podcast Episodes (All)

http://www.michaelcovel.com/2015/07...-with-michael-covel-on-trend-following-radio/

Speculation has become a pejorative for some in recent times. A quick search yields the following definition of speculation: “forming a theory about a subject without firm evidence.” Yet if we look at the origin of the word, “speculor” means “to observe” in Latin. To speculate is to observe, and to make decisions based on those observations.

In business and in life, there are ultimately two choices: to speculate or to gamble. The difference between the two is simple: the first has a strategy behind it; the second does not. The first relies on predetermined parameters for making decisions; while the second leaves decisions up to circumstance or emotion.

In this monologue, Michael Covel talks about the philosophical foundation of success: speculation. This episode features many notable quotes from famous economists and traders, going back as far as the 1800s. The wisdom of these men is the foundation of trend following, and is as relevant today as ever.
 
Ep. 365: Chris Clarke Interview with Michael Covel on Trend Following Radio

Today’s podcast guest is Chris Clarke, ex-Goldman Sachs executive director and founder of Lawrence Clarke Investment Management. Clarke has been developing trading systems for decades.

The conversation today gets into the psychology of systems trading. Trend following is inherently simple to understand, and does not require above-average intelligence once the system is in place. Yet so many people, including most fund managers, tend to downplay trend following and keep seeking the “holy grail” – a magical system that will supposedly make them money without any downside. An interesting metaphor for this that Chris offers is that of weight loss. Although the theory of it is simple (diet and exercise), most people keep seeking the magic bullet that will make them achieve results without following the system. Much the same with trading.

Another topic that Michael Covel and Chris Clarke talk about is understanding the difference between risk and drawdowns. Drawdowns are normal, and will be there for as long as trend following as a strategy exists, and the markets keep trending. Ultimately, trend following is about human nature, and that’s not about to change.

http://www.michaelcovel.com/2015/07...-with-michael-covel-on-trend-following-radio/
 
Trendfollowing expert appearing in NYC in a few weeks --

CAIA New York Educational Event

Kathryn Kaminski, PhD, CAIA Director, Investment Strategies, Campbell & Company

Kathryn Kaminski, PhD, CAIA, currently holds the position of Director, Investment Strategies at Campbell & Company. She recently coauthored the book "Trend Following with Managed Futures: The Search for Crisis Alpha" published by Wiley Trading in 2014. She has extensive experience in hedge funds,asset management, and academia.
 
debitspread said:
Trendfollowing expert appearing in NYC in a few weeks --

CAIA New York Educational Event

Kathryn Kaminski, PhD, CAIA Director, Investment Strategies, Campbell & Company

Kathryn Kaminski, PhD, CAIA, currently holds the position of Director, Investment Strategies at Campbell & Company. She recently coauthored the book "Trend Following with Managed Futures: The Search for Crisis Alpha" published by Wiley Trading in 2014. She has extensive experience in hedge funds,asset management, and academia.
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Thanks, Debit.
 
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