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In today's episode of the Leaders of Tomorrow podcast, Chris talks to Brennan Basnicki, one of our alumni with an incredible story who is today a partner at Auspice Capital Advisors During the episode, Brennan shares his journey from being an unfocused university student to finding his path in finance and trading. He talks about his early days with Student Works and how the experience helped shape his entrepreneurial mindset, teaching him to pivot and think outside the box. He also talks about his various career challenges, including his foray into trading, the ups and downs he faced, and his eventual move into a strategic role in commodities. Brennan's narrative is filled with practical lessons on navigating career shifts, the importance of networking, and the grit needed to succeed in competitive environments. Listeners will find out about Brennan's innovative approach to door-to-door canvassing in a challenging market, his adventures and lessons learned from launching a travel startup during a pandemic, and how he leveraged his experiences to secure a prominent role in the finance sector. Brennan also dives into his work on changing regulatory frameworks to benefit his industry and his role in business development. He discusses the importance of mastering both technical skills and soft skills like public speaking and pitching ideas effectively. He also emphasises the importance of perseverance, adaptability, and resilience in navigating career pivots, as well as learning from failures and continuing to grow throughout one's life. He talks about the importance of self-control, understanding others, and practising public speaking, with a focus on empathy, patience, and continuous improvement. Listen now and enjoy! What You Will Learn In This Show: Brennan's transformation from a directionless student to a top performer. The valuable lessons Brennan learned from his experience with Student Works. How to pivot and adapt in challenging business environments. The importance of networking and leveraging connections in building a successful career. The critical role of continuous learning and personal development in achieving long-term success. And so much more… Resources: Student Works Website: Auspicecapital.com Books: The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change
Today's guest is Tim Pickering, founder and CIO of Auspice Capital. In today's episode, we talk all about trend-following and commodities. Tim shares why trend-following can serve as a great diversifier to stocks and bonds, and why it's a great way to play the current commodity cycle. He ever shares his thoughts on the LME fiasco earlier this year and what his reaction was when he saw his trades were cancelled. Tim mentions some charts during the episode, so if you want to follow along, click the YouTube link here. ----- Follow Meb on Twitter, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Today's episode is sponsored by The Idea Farm. The Idea Farm gives you access to over $100,000 worth of investing research, the kind usually read by only the world's largest institutions, funds, and money managers. Subscribe for free here. ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- 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. ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!
On the latest episode of Calgary Connects we are joined by Tim Pickering, Founder, CIO and Lead Portfolio Manager at Auspice Capital, for a conversation that dives into commodities and commodity investing. Matthew and Tim discuss what commodities are and how they fit into a portfolio, convergent vs. divergent return streams, how risk plays into decision making, and much more.
In this week's episode, Tim Pickering, Founder of Auspice Capital, joins me to discuss why commodities play such an important role in a portfolio, how to create a strategy that adapts to different volatility regimes, why he created The Auspice Broad Commodity Index, the role and importance of ESG in commodities trading, how commodity futures can be used as a risk mitigation tool, why Ukraine is so important for commodities, how to effectively protect yourself against inflation and much more ---- In this episode, we discuss: Why commodities play such an important role in a portfolio How to create a strategy that adapts to different volatility regimes How ESG and commodities trading is closely related Whether to embrace Chinese commodity markets Why the war in Ukraine is so important for commodities Strategies for protecting yourself against inflation ---- Follow Niels on https://twitter.com/toptraderslive (Twitter), https://www.linkedin.com/in/nielskaastruplarsen (LinkedIn), https://www.youtube.com/user/toptraderslive (YouTube) or via the https://www.toptradersunplugged.com/ (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 https://www.toptradersunplugged.com/Ultimate (here). And you can get a free copy of my latest book “The Many Flavors of Trend Following” https://www.toptradersunplugged.com/flavor (here). Learn more about the Trend Barometer https://www.toptradersunplugged.com/resources/market-trends/ (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 https://www.toptradersunplugged.com/reviewttu (iTunes) or https://open.spotify.com/show/2OnOvLbIV3AttbFLxuoaBW (Spotify) so more people can discover the podcast. Follow Tim on https://twitter.com/auspicetim?lang=da (Twitter). Episode TimeStamps: 00:00 - Intro 02:40 - What has caught Tim and Niels' attention recently? 06:33 - What has happened since last Niels and Tim spoke in 2014? 11:45 - Has Tim made any major research discoveries since last time? 19:31 - Why commodities and why now? 30:50 - How much room for liquidity is there in the markets? 37:32 - Tim's thoughts on the LME 44:31 - Thoughts on commodity exposure and futures 51:51 - Why is Ukraine so important for commodities? 01:00:16 - Risk mitigation strategies at big pension plans 01:07:08 - Update on performance Copyright © 2022 – CMC AG – All Rights Reserved ---- 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. https://www.toptradersunplugged.com/resources/ebooks/ (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! https://www.toptradersunplugged.com/resources/market-trends/ (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. https://www.toptradersunplugged.com/resources/ (Click Here) https://www.toptradersunplugged.com/legal/privacy-policy/ (Privacy Policy) https://www.toptradersunplugged.com/disclaimer/ (Disclaimer)
Having spent his entire career in commodities trading, holdng a variety of high level positions w/various major trading firms, Tim started Auspice in 2005. Focusing on their COM ETF, which is marketed and made available to the public thru Direxion family of mutual funds, It is a tactical, diversified basket of commodities that can be "Long" or in cash, based on rules, trend following, and contango/backwardation. A very timely and important discussion for today that every investor should hear.
On this edition of Fort McMurray Matters, we get an update on Willow Square and we also chat with Tim Pickering, CIO of Auspice Capital, about Keystone and what 2021 will look like for the energy sector.
Guest: Jeff Wilkins, National President, Union of Canadian Correctional Officers, Glen, paramedic in Alberta, Tim Pickering, founder of Auspice Capital, Professor Gordon Houlden, Director Emeritus, China Institute, University of Alberta, Rod Giltaca, CEO & Executive Director, Canadian Coalition for Firearm Rights, and Ward 11 Councillor Jeromy Farkas See omnystudio.com/listener for privacy information.
On this edition of Fort McMurray Matters, we chat with Tim Pickering, CIO of Auspice Capital, about the recent Cenovus, Husky merger, Suncor layoffs, and what 2021 may look like for the energy sector.
In today's episode we're pushing the boundaries of traditional alternative investments and getting into oil trading, trend following, and taking risks (both in business & with your strategy) with Lead Portfolio Manager and CIO at Auspice Capital Advisors, Tim Pickering. From trading shell oil to striking out on his own – Tim's expansive experience in the alts world is about as big as the Canadian Wilderness he hails from. Today we're talking with Tim about Lewis and Clark, Tim's background in oil, willingness to fail, commodity market benefits, Canadian oil production, what a product suite entails, providing alpha and diversification as a trend follower, Canadian beer, striking out on your own, discovering new (profitable) ventures, Calgary rodeos, oils negative àrally movements, strategy evolution, Chicago or Miami, and Lake Louise. Chapters: 00:00-01:27 = Intro 01:28-25:47 = TD, Shell, Enron to Two Men & a Dog 25:49-53:36 = Trend Following, Commodity Volatility & Aspects of Momentum 53:37-1:18:49 = Focusing in on Auspice 1:18:50-1:23:02 = Favorites Follow along with Tim on Twitter and LinkedIn and make sure to check out Auspice Capital Advisors. And last but not least, don't forget to subscribe to The Derivative, and follow us on Twitter, or LinkedIn, and Facebook, and sign-up for our blog digest. Disclaimer: This podcast is provided for informational purposes only and should not be relied upon as legal, business, or tax advice. All opinions expressed by podcast participants are solely their own opinions and do not necessarily reflect the opinions of RCM Alternatives, their affiliates, or companies featured. Due to industry regulations, participants on this podcast are instructed not to make specific trade recommendations, nor reference past or potential profits. And listeners are reminded that managed futures, commodity trading, and other alternative investments are complex and carry a risk of substantial losses. As such, they are not suitable for all investors. For more information, visit www.rcmalternatives.com/disclaimer
Guest Tim Pickering, founder of Auspice Capital
Guests: Tim Pickering, founder of Auspice Capital, Spencer Fernando, Election Fellow for the National Citizens Coalition, and writer whose work can be found at spencerfernando.com and The Post Millennial, Alain Audet, Executive Director of the Allied Beauty Association Canada, Beth Barberree, Executive Director for Canadian Centre for Men and families, Vanessa Farkas-Brahmakshatriya, volunteering for CCMF Calgary and Erin O'Toole, Conservative MP for Durham
On this edition of Fort McMurray Matters, we hear from the Fort McKay Metis Nation and Auspice Capital about Teck Resources' decision to withdraw its Frontier application.
In today's episode, Nell Sloane speaks with Tim Pickering, chief investment officer of Auspice Capital. After leaving a career as the head trader at Shell Oil in Calgary, Alberta, Tim hit a turning point that led to the launch of Auspice's own CTA product. In this episode, you will learn: About Tim's journey prior to … Continue reading All About Auspice Capital's Trading Style — With Tim Pickering →
On this edition of Fort McMurray Matters, Tim Pickering, President and CEO of Auspice Capital, and Alexis Foster, Executive Director of the Fort McMurray Chamber of Commerce discuss the economic impact of the Trans Mountain pipeline.
On this edition of Fort McMurray Matters, we speak with founder of Auspice Capital Tim Pickering about what is resulting in the 4-year high oil prices and how long he expects prices to remain at this level.
Our next year-in-review is from a recent guest who discusses the roller coaster feel to 2014, and why it was a good year for the CTA industry. He talks about what his firm learned from 2014 and why he is very excited about this year.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn This Episode, You'll Learn:The ups and downs of 2014 from Tim's perspective.What markets contributed most for his firm during the year.What markets he wished he did better in for 2014 and what he learned from those market shifts.The kinds of strategies they trade and what stood out as working well.What big worlds events are visualized in the markets and how they affect the strategies.How Auspice grew in 2014 and what were the drivers of that growth.What changed in their research process in 2014.Why Tim is very excited about the market environment in 2015.Why he wants to make sure investors sign up with his firm for the right reasons, not just chasing returns.What caused 2014 to be the biggest client acquisition year ever for Auspice Capital.What Auspice has planned for 2015.-----ATTENTION TTU TRIBE : SIGN-UP for Rick Rule's Symposium: Once in a life-time natural resource insights from the BEST investors in the world via a first-class livestream or Live event!Resources & Links Mentioned in this Episode:Listen to 2 other hour-long episodes with Tim Pickering here and here.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 “The Many Flavors of Trend Following” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or
In the second part of our talk with Tim Pickering, we dive into the details of his firm and the challenges that he has to overcome as a business owner and entrepreneur. Tim has some valuable life lessons for managers who are just getting started. He also dives into the different ways investors should carry out their due diligence and why he wanted to become a manager in the first place.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn This Episode, You'll Learn:The details of Auspice's programs and what makes them different from other managers.What discretionary traders are good at and how Tim captures lessons from them in a systematic model.How he implements the system in practice.How Tim measures risk.How he copes with being in a drawdown.What he has learned from the drawdowns that Auspice has been through.What keeps him up at night.What questions he brainstorms with his research team currently.How to detect if a model is deteriorating.How meaningful are back tests?About the CTA value-added index that Auspice developed.The difference in investing through a fund, an EFT, or other options.What investors should be asking when they go through their due diligence with Auspice Capital.Why he became an entrepreneur.The books Tim would recommend for traders and managers.What skill he would pass on to his children if he could choose only one.-----ATTENTION TTU TRIBE : SIGN-UP for Rick Rule's Symposium: Once in a life-time natural resource insights from the BEST investors in the world via a first-class livestream or Live event!Resources & Links Mentioned in this Episode:Barclay CTA IndexBooks by Jack Schwager.Simon Sinek's Start with Why.How to Win Friends and Influence People by Dale Carnegie.The Prize by Daniel Yergin.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 “The Many Flavors of Trend Following”
What is the difference between simply following a trend and capturing it? Why is growth not consistent and gradual and why do we want it to be?Learn answers to these questions and more in this week's episodes. Niels chats with the founder of a seasoned trend-follower in Canada, who knew he wanted to go into the financial markets since his university days. His story of working for large investment banks to starting his own firm will inspire current managers and hopeful managers alike.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn This Episode, You'll Learn:Why Tim tries to get away from being labelled as one thing or another.About growing up on a farm in Canada.How he knew he wanted to be a trader.How his experience in the energy markets affected the way he ran his business when he started it.Why discipline is so important for the kind of manager that Tim is.Why he has stuck with the theme of trading commodities.What Tim does when he is not running Auspice.The difference between following a trend and capturing a trend.How growth is not slow and steady.An overview of the products that Auspice runs.Why they launched a beta product after launching their flagship product.The history of how Tim grew Auspice with his business partner.How he chose to structure his business.How a small team can deliver the same value as a larger manager.What people should notice when looking at the track record of Auspice.What the Diversified Program does.How many markets he actually trades.Why position resizing is important.-----ATTENTION TTU TRIBE : SIGN-UP for Rick Rule's Symposium: Once in a life-time natural resource insights from the BEST investors in the world via a first-class livestream or Live event!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 “The Many Flavors of Trend Following” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or
Tim Pickering of Auspice Capital discusses the CTA Value Added Index and makes a case that it is evident, historically, not only in times of financial crisis.
My guest today is Tim Pickering, founder/president and lead portfolio manager of Auspice Capital. Pickering has over 15 years of commodity and financial trading experience. Prior to forming Auspice, Pickering was Vice President of Options Trading at Shell Trading Gas and Power in the Houston and Calgary offices. He began his career at TD Securities in Toronto in their elite trading development program and gained experience in a wide expanse of capital market products including foreign exchange, bonds, money markets and derivatives. Ultimately, Pickering held the Senior Trader position for the energy derivatives portfolio. He has extensive experience trading OTC and exchange traded options, futures, swaps and quantitative trend following systems. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Some of his beginnings "Black boxes" Indexing Classical vs. "next generation" trend following Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!
Michael Covel talks to Tim Pickering, founder/president and lead portfolio manager of Auspice Capital. Pickering has over 15 years of commodity and financial trading experience. Prior to forming Auspice, Pickering was Vice President of Options Trading at Shell Trading Gas and Power in the Houston and Calgary offices. He began his career at TD Securities in Toronto in their elite trading development program and gained experience in a wide expanse of capital market products including foreign exchange, bonds, money markets and derivatives. Ultimately, Pickering held the Senior Trader position for the energy derivatives portfolio. He has extensive experience trading OTC and exchange traded options, futures, swaps and quantitative trend following systems. Covel and Pickering discuss some of his beginnings, "black boxes", indexing, and classical vs. "next generation" trend following.