SI108: The case for and against the Kelly Criterion ft. Robert Carver

Published: Oct. 4, 2020, 5:06 a.m.

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Robert Carver joins us today to discuss the case for and against the Kelly Criterion, short vs medium vs long-term Trend Following, how closely you should be following different markets, diversification across markets vs across timeframes, how mainstream financial media is driving investors to alternative information sources, the amount of screens you need to trade successfully, and the importance of viewing returns in terms of percentage rather than monetary terms.

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IT\\u2019s TRUE ? \\u2013 most CIO\\u2019s read 50+ books each year \\u2013 get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.

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Episode TimeStamps:

00:00 \\u2013 Intro

01:24 \\u2013 Macro recap from Niels

04:40 \\u2013 Weekly review of performance

31:11 \\u2013 Q1 & Q2; Roberto: Can Rob & Moritz explain the framework behind building block \\u2018volatility-targeting in his book \\u2018Systematic Trading\\u2019? Why does Rob, in his book, disagree with trading leveraged ETFs?

01:03:50 \\u2013 Q3; Chris: Am I correct in avoiding the mini-futures in Silver market due to low liquidity?

01:10:08 \\u2013 Trend Following: short-term vs medium term vs long term

01:18:05 \\u2013 Benchmark performance update

Copyright \\xa9 2023 \\u2013 CMC AG \\u2013 All Rights Reserved

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PLUS: Whenever you\'re ready... here are 3 ways I can help you in your investment Journey:

1. eBooks that cover key topics that you need to know about

In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful.