Mike Dever, founder and CEO of Brandywine Asset Management, dives into the world of trend following and investment innovation. He discusses the psychological nuances behind speculative markets, particularly with tech stocks and cryptocurrencies. The conversation covers risk assessment strategies and the evolution of trading practices over time. Dever also emphasizes the importance of capital preservation and challenges the conventional skepticism surrounding trend-following methods. His insights provide a fresh perspective on navigating market uncertainty.

Mike Dever, founder and CEO of Brandywine Asset Management, discusses the challenges of trend following, the implementation of trading models, position sizing and risk management principles, emotional challenges of drawdown, and marketing trend following strategies to investors. He also talks about the qualities of a great trader and shares personal habits for success.

Mike Dever, Founder and CEO of Brandywine Asset Management, shares his insights on systematic trading, portfolio allocation, and the importance of predictability in trading strategies. He discusses his interactions with successful traders like Paul Tudor Jones and John W. Henry, the development of the Brandywine Benchmark and Symphony programs, and the track record of their programs. He also explores directional arbitrage and alpha hedge strategies, changes in trends, and the challenges of trading different trend following strategies.