38 The Systematic Investor Series – June 2nd, 2019

Published: June 2, 2019, 1:55 p.m.

This week, we discuss the importance of process over outcome, how sports can be related to Trading, and whether mistakes are to be avoided completely or something we should look forward to learning from.  Questions answered this week include: is Ray Dalio’s suggestion of 15 uncorrelated return streams the ultimate way to diversify your portfolio?  Are some markets more tradable for Trend Followers than others? Is market ‘noise’ making it harder for Trend Followers, or is the volatility a good thing? How do you deal with strategic retirement decisions as a Trend Follower? Is it in a Hedge Fund’s best interests to stay relatively small and private? You can download your free guide to Systematic Investing, and subscribe to our mailing list by visiting TopTradersUnplugged.com Get a free copy of my latest book "The Many Flavors of Trend Following" here. Send your questions to info@toptradersunplugged.com Follow Niels, Jerry & Moritz on Twitter: @TopTradersLive, @RJparkerjr09 & @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. Episode Summary 00:00 - Intro 02:30 - Weekly review 10:15 - Live event update 10/26/19-10/27/19 11:30 - Top tweets 40:30 - Question 1: Jack; When/how do you decide to change a losing TF system? 49:20 - Question 2: Werner; How do you decide not to add a specific market to a TF system? 57:15 - Question 3: Sam; Should investors decrease risk as they near retirement?, and if so...How? 1:24:30 - Discussion of noise vs volatility paper by Michele Cocchiglia & Stefan Martinek of Kelonia Capital Management: Deconstructing Noise - A closer look at the notion of noise, its definition and potential impact in today's market environment. 1:29:00 - Performance recap Subscribe on: