Dave Druz
Former commodity trader and the guest of this episode who spent six months living with and apprenticing under Ed Seykota; shares firsthand stories about Seykota's discretionary, psychology-focused trading approach and his own experience trying to emulate it.
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57 snips
Oct 29, 2025 • 1h 37min
OI19: The Trader Who Never Spoke...Until Now ft. David Druz
In this intriguing conversation, Dave Druz, a veteran commodity trader and Ed Seykota's first apprentice, breaks his decades-long silence. He shares his unique approach to trading, emphasizing the importance of portfolio construction over following trends. Druz discusses trading against commercial hedgers, explains the psychology behind coping with volatility, and the practice of precise position sizing. He also reflects on his choice to run a small, investor-focused firm and the reasons behind its recent closure, offering valuable insights for traders and investors alike.
49 snips
Nov 3, 2025 • 41min
OI19 BONUS: Living With Ed Seykota ft. David Druz
David (Dave) Druz, a former commodity trader, shares his fascinating journey of living with legendary trader Ed Seykota for six months. He highlights Seykota's unique, psychology-focused approach to trading, emphasizing instinct and presence over systems. Dave recounts successes and psychological struggles while mimicking Seykota's style, revealing the pressures of performance in trading. The conversation also explores optimal bet sizes, emotional resilience, and the importance of aligning trading strategies with personal psychology.
