79 The Systematic Investor Series ft Robert Carver – March 15th, 2020

We’re joined on the show today by special guest Robert Carver, to discuss another historically volatile week in the markets, the differences between today’s bear market and 2008, how Robert defines portfolio diversification, how many markets a profitable Trend Following system should trade, the different types of strategies that Robert currently uses, the amount of truly uncorrelated assets available, and volatility scaling as a part of risk management.  Questions answered this week include: What causes you to modify your system over time, and how do you go about this?  What have you learnt from trading through previous crisis periods?  What are your thoughts on AI technology?
If you would like to leave us a voicemail to play on the show, you can do so here.
Learn more about the Trend Barometer here.
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.
And you can get a free copy of my latest book "The Many Flavors of Trend Following" here.
Send your questions to [email protected]
Follow Niels, Jerry, Moritz & Rob on Twitter:
@TopTradersLive, @RJparkerjr09, @MoritzSeibert, and @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.

Episode Summary
0:00 - Intro
1:09 - Macro recap from Niels
4:03 - Weekly review of returns
8:09 - Niels: How have you dealt with the recent volatility?
19:44 - Niels: What does diversification mean to you?
28:35 - Niels: How many markets can be considered too many for a diversified Trend Following system to trade?
41:10 - Moritz: What type of different strategies do you currently trade?
46:27 - Niels: What has helped you to do well during recently, especially during the recent market turmoil?
51:17 - Niels: Why have you chosen to trade different markets differently, rather than treating all markets the same?
1:03:18 - Seth; Question 1: How do you incorporate correlations into building a Trend Following program?
1:09:40 - Moritz; Question 2: What causes you modify your system over time, and how do you go about this?
1:14:37 - Niels: What, in your opinion, is a good risk management framework?  What have you learnt from trading previous crisis periods?
1:22:09 - Niels: What are your thoughts on AI technology?
1:27:20 - Moritz: What are your thoughts on the possibility of Trend Following becoming too crowded?
1:36:12 - Performance recap
 
Subscribe on: