BROADCASTS.com

Today, we welcome Katy Kaminiski back to the show as we reflect on her entry into the trend following space and what she has learned on her systematic journey. We also discuss different ways of allocating risk in portfolio construction and why Katy \u201cloves skewness\u201d, why preparing for pain can actually lead to better decisions as an investor and how changes in the global macro environment takes time to manifest in trends. Lastly, we discuss what we are both excited and nervous for in 2024.

-----

EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder Tool

-----

Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.

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.

And you can get a free copy of my latest book \u201cTen Reasons to Add Trend Following to Your Portfolio\u201d here.

Learn more about the Trend Barometer here.

Send your questions to info@toptradersunplugged.com

And 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 Katy on LinkedIn.

Episode TimeStamps:

00:50 - What has been on our radar recently?

03:03 - When are trends coming to an end?

06:24 - Industry performance update

07:31 - How did Katy end up in the trend following industry?

11:19 - What attracted her to the industry?

12:40 - What Katy has learned from being an allocator

15:44 - Risk variations in portfolio construction

20:21 - What drives the biggest dispersion?

21:54 - Understanding risk in your portfolio

24:05 - Constant vol targeting - just a phase?

25:25 - The importance of skewness

31:06 - Mind the timeframe

34:57 - Preparing for pain ahead of time (MAN Paper)

38:15 - No pain, no gain...

43:28 - Economic trend (AQR Paper)

47:33 - Dealing with a world in disruption

50:48 -...