Maggie Lake Talking Markets Episode 4: A Commodity Boom? With Corvin Codirla.
11 snips
Jan 13, 2026 Corvin Codirla, an investment banking and hedge fund veteran turned quantitative trading educator, dives into the complexities of modern trading. He discusses the significance of stress-testing portfolios amid market volatility and the common pitfalls traders face, especially in a high-excitement environment. Corvin also explores the effectiveness of trend following and offers insights on the potential bubble in the US equity market. He emphasizes the value of diversification beyond traditional portfolios and shares the role of sentiment-gauging tools like Polymarket.
AI Snips
Chapters
Books
Transcript
Episode notes
Equities Reward Patient Holders
- Equity markets have historically rewarded long-term holders despite frequent large drawdowns.
- Corvin Codirla argues investors are paid to hold risk because many people avoid equities due to fear.
Use Trend Following To Diversify
- Diversify into non-correlated strategies like trend-following to protect against equity crashes.
- Replicate hedge fund-style trend strategies via simple ETF baskets if you lack large capital.
Extreme Patience, Big FX Wins
- An FX trader waited for perfect catalysts, then took huge positions that paid off massively.
- He would then step away for weeks, embodying patient, concentrated trend trading.
