SI178: Value Investing vs Trend Following ft. Jerry Parker

Jerry Parker joins us today to discuss the importance of hanging on to your outlier winners, value investing versus trend following, the optimum number of entry & signals per trade, the need to redefine ‘safe assets’, Jerry & Richard Brennans’ thoughts on Howard Marks’ remarks about Trend Following, risk parity within a Trend Following portfolio, the unpredictability of endogenous outliers, and deconstructing the old narrative that ‘Trend Following is dead’.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn this episode, we discuss:Letting winners run and cutting losses earlyUsing 1 entry signal and 1 exit signal per trade versus multiple signalsRedefining what are typically known as ‘safe assets’Howard Marks’ opinion on following priceAchieving effective risk parity within a portfolioHow endogenous outliers are hard to predict-----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] 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 Jerry on Twitter.Episode TimeStamps:00:00 – Intro01:44 – Macro recap from Niels05:24 – Weekly review of performance11:51 – Jerry & Rich’s thoughts on Howard Mark’s opinion of Trend Following24:46 – Why exit rules might be harder to create than entry rules43:45 – Risk parity within a Trend Following portfolio51:03 – The unpredictability of endogenous outliers01:10:08 – The old narrative that ‘Trend Following is dead’01:13:54 – Benchmark performance...