Today’s guest is Doug Greenig, CEO & CIO of Florin Court Capital, which uses systematic trend-following in over 500 markets. Doug’s been involved in markets for over 30 years and was most recently at Man AHL as the Chief Risk Officer and Head of the Portfolio Management Group.
In today’s episode, Doug explains why we’re living in a world made for trend following. He explains his unique approach to trend following and the benefits of expanding the number of markets traded, including esoteric ones like California carbon emissions and Turkish interest rate swaps. Doug also touches on the macro backdrop - characterized by deep structural hange and tail risks, including intensifying geopolitical conflict and US fiscal instability.
(3:00) Doug Greenig intro
(7:56) Trend following
(10:22) Trading in unique and esoteric markets
(22:38) Why trend following works
(27:00) Leverage cycles and reflexivity
(29:08) Integrating trend following with traditional portfolios
(34:52) The macro environment
(37:26) Market volatility & narrative shifts
(40:21) Gray rhinos
(43:29) Bullish on China
(48:55) Most memorable investment
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Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.
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