The Jack Bogle of Hetchfonds

Today, we are joined by Jerry Parker where we dive into some of the highlights from the challenging month of July and how the industry has handled the current high level of volatility and trend reversals, why Trend Following continues to work but how narratives can create vicious reversals in the markets. We also discuss questions from listeners regarding Jerry’s strategies for entering and exiting trades, advice for backtesting using continuous futures contracts, how to handle stop losses and including equities in your allocation strategy. Lastly, Jerry describes why he is in favour of accidental diversification and why he is always on the hunt for outliers, why adding more markets has no impact on the robustness of a system and why he prefers to be a “slow tractor”. We finish off discussing how some firms claim that they can replicate the returns of Hedge Funds and CTAs without charging much for it and Jerry reveals a profound change to how he wants to extract trends from markets...even if it means that he will more correlated to Equities.

-----

50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE

-----

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 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 Jerry on Twitter.

Episode TimeStamps:

00:00 - Intro

02:02 - Market overview

03:52 - Major events of the month

16:00 - The importance of narratives

19:16 - How Jerry handles equities

22:39 - Q1, Michael: How does Jerry enter a new trade after he exited his first?

25:55 - Q2, Caleb: Backtesting using continuous futures contracts

30:02 - Q3, Adam: How to use stop losses and equities inclusion

36:09 - Jerry's big reveal: "CTAs focus too much on diversification and correlation..."

45:42 - Tweet 1: Improving equity risk concentration

50:53 - Tweet 2: Diversification - a free lunch

53:01 - Tweet 3: Predictable vs. unpredictable inflation

56:55 - Tweet 4: Tractors picking out sports cars from ditches

58:57 - Tweet 5: Doing what you want is what people actually want

01:02:09 - Tweet 6: Non normal world is uncapped

01:05:01 - Replicating CTA performance at little cost...Andrew Beer style

01:21:05 - Industry performance update

Copyright © 2024 – CMC AG – All Rights Reserved

----

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. Click Here

2. Daily Trend Barometer and Market Score

One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here

3. Other Resources that can help you

And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here

Privacy Policy

Disclaimer