Top Traders Unplugged16 Juli 2014

TTU14: “You’re going to make a lot of money doing this…” ft. Jerry Parker – 2of2

Today we will continue our conversation with Jerry Parker the founder of Chesapeake Capital and widely known as the most successful Turtle ever.

After wrapping up his position with Richard J. Dennis as a famous “Turtle,” he went on to start his own asset management firm, Chesapeake Capital Corporation.

In this episode we discuss the evolving CTA industry and the story of Chesapeake. It’s a powerful story from one of the most successful people in the industry. We really hope you enjoy it.

-----

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

In This Episode, You’ll Learn:

How the research and complexity of systems has a backwards effect to making money
Challenges with entering stock markets with CTA strategies
Why counting the trades and analyzing sample size is what most investors forget to ask when seeking fund managers
Where the CTA managers have failed investors
How Jerry Parker handles emotions during drawdowns
Why markets have changed so that longer term focus has proven more successful
Learn about the philosophy of “The Markets are the Heroes”
Important lessons from a long, successful career in the CTA industry
What is it that keeps investors from Turtle CTAs and choose larger financial organizations
Why we see a skewed distribution towards profitability of long side trades and short side trades
The key legacy traits left behind by the Turtles and if the experiment could be replicated now
Why Jerry Parker’s contribution to the CTA space will be that he sticks with the plan and be the last one going down with the trend following ship
Lessons for upcoming CTA managers from Jerry Parker
Debunking trading cliches like, “you never go broke taking a profit” and “exits are more important than entries”
Personal habits that have contributed to Jerry Parker’s success
How Jerry Parker would start if he were to start all over again

-----

Resources & Links Mentioned in this Episode:

Ray Dalio – Bridgewater Capital
Learn about Jerry Parker’s Acting “Career” on his IMDB page

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 Jerry Parker on Twitter.

----

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

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(969)

SI419: What Happens When AI Starts Building the Portfolio ft. Nick Baltas

Alan Dunne is joined by Nick Baltas to discuss a strong period for trend following and what the latest research says about adapting systematic strategies to changing markets. They examine whether vola...

26 Sep 1h 5min

OI24: Why Power Trading Is 10 Times Crazier Than Crypto ft. Cory Paddock

Moritz Seibert is joined by GBE Energy co-founder Cory Paddock for a look inside the unusual world of proprietary power trading. Cory explains how electricity markets combine weather, physics and econ...

23 Sep 59min

SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan

Niels Kaastrup-Larsen and Richard Brennan explore what the science of complex adaptive systems can teach us about markets and trend following. Drawing on research from the Santa Fe Institute, they exa...

19 Sep 1h 15min

IL53: How Bonds Quietly Built the Modern World ft. Robin Wigglesworth

Today we talk with the editor of the Financial Times’ Alphaville blog, Robin Wigglesworth. Robin is the author of A Fabulous Debt - the Epic Story of How Bonds Built the Modern World. He tells the sto...

16 Sep 1h 3min

SI417: What Happens When AI Starts Trading the Markets ft. Rob Carver

Niels Kaastrup-Larsen and Rob Carver discuss a market that feels unusually calm despite growing pressure beneath the surface. They look at rising concerns around government debt and bond yields, recen...

12 Sep 1h 8min

GM107: What If AI Actually Pushes Interest Rates Higher? ft. Matt Klein

Alan Dunne is joined by Matt Klein to discuss whether the excitement around AI is getting ahead of the economic reality. Matt explains why the parallels with the 1990s productivity boom may be mislead...

9 Sep 1h 2min

SI416: 137 Years of Trend: What the Evidence Really Shows ft. Yoav Git

Niels Kaastrup-Larsen and Yoav Git examine why trend following continues to endure despite decades of changing markets and persistent skepticism. They revisit AQR’s 137-year study of trend following, ...

5 Sep 1h 14min

GM106: What Happens When the Debt Finally Matters ft. Marvin Barth

Marvin Barth joins Niels Kaastrup-Larsen and Cem Karsan for a wide-ranging debate about the Fed, inflation and the growing pressures on the US economy. Barth argues that central bankers have become to...

2 Sep 1h 24min