TTU40: What To Do If You Are Making Too Much Money! ft. Mike Harris of Campbell & Company – 2of2

Oct 30, 2014

Ask episode

Chapters

Transcript

Episode notes

Welcome to Part 2 of our conversation with Managed Futures expert and President Mike Harris of Campbell & Company. In this episode we delve into the specifics of Campbell & Company’s trading programs, how models are added or removed, and the importance of risk management. This episode also explores the managed futures industry as a whole and is a must-hear for anyone looking to gain knowledge about this strategy.

-----

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

In This Episode, You’ll Learn:

About Campbell & Company’s trading program.
How they create a trading strategy.
Why they use a hypothesis driven system to add new models to their programs.
About the peer review process they use before adding or subtracting models.
When do you remove a model? How do you know when it isn’t working anymore?
About position sizing and why its important.
How they look at risk through something called Vertical Risk and Horizontal risk.
Campbell’s systematic approach to risk management.
How he deals with drawdowns.
Why he worries about systemic risk and natural disasters.
Why Mike thinks redundancies are so important.
The risk of regulation.
How these strategies tend to perform when interest rates go up.
The trend of the managed futures industry and why it has been dominated by European firms in the past 10 years.
What people need to become a successful manager: humility is “at the top of the list.”
Books that Mike recommends.
What he would do differently if he could talk to his younger self.
The importance of managing work and life balance.
What the future looks like for Campbell & Company.

-----

Resources & Links Mentioned in this Episode:

Learn more about Baltimore and Johns Hopkins University.
Hedge Fund Market Wizards by Jack Schwager
Technical Analysis of the Futures Markets by John Murphy
Trend Following with Managed Futures

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 Mike Harris on Linkedin.

----

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

Disclaimer