TTU04: What it Takes to Become a Great Trader ft. Mike Dever of Brandywine Asset Management – 2of2
Top Traders Unplugged
Early Years in Trading and Finding Role Models
Discussion on the lack of a role model in their trading career and the appreciation for the humble and decent nature of the futures industry.
In this episode we continue our conversation with the founder and CEO of Brandywine Asset Management and discuss the aspects of what makes his rule based asset management style so successful.
Enjoy the second part of my conversation with, Mike Dever.
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50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE
In This Episode, You’ll Learn:
- Continuing the Conversation around why Trend Following can be more difficult
- Describing Disparate Return Drivers
- How Brandywine Assets Management actually implements the decisions of their trading model
- Why Position Sizing and Risk Management Principles are Everything
- How position sizes are managed across various Return Drivers
- Why Sharpe Ratio is a meaningless measure on it’s own. It doesn’t give you any idea on predictability of returns.
- The professional traders approach to the emotional challenges of drawdown.
- Managing regulation challenges
- The environment of marketing trend following strategies to investors
- What it takes to become a great trader today
- Who Mike started out aspiring to be like
- If Mike has any personal habits that contribute to his success
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Resources & Links Mentioned in this Episode:
- Jackass Investing by Mike Dever
- Learn about Dick Donchian the Grandfather of Trend Following
- Learn about Poul Tudor Jones of Robin Hood Foundation
- Learn about John W. Henry
Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.
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And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.
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Send your questions to info@toptradersunplugged.com
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