Podcast appearances and mentions of larry hite

My guest today is Larry Hite, a hedge fund manager who is credited as one of the forefathers of system trading. He co-founded Mint Investments in 1981, which by 1990, had become the largest commodity trading advisor in the world in terms of assets under management. After forming a partnership with the Man Group in the same year, he pioneered the principal protected fund concept, leading to a number of successful structured products and financial engineering innovations. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Trading philosophy and principles Personal anecdotes and experiences Book publishing Market Wizards Proactive risk management Taking calculated chances Education system and street-smart thinking 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!

My guest today is Larry Hite, a hedge fund manager who is credited as one of the forefathers of system trading. He co-founded Mint Investments in 1981, which by 1990, had become the largest commodity trading advisor in the world in terms of assets under management. After forming a partnership with the Man Group in the same year, he pioneered the principal protected fund concept, leading to a number of successful structured products and financial engineering innovations. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Trading philosophy and principles Personal anecdotes and experiences Book publishing Market Wizards Proactive risk management Taking calculated chances Education system and street-smart thinking 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!

My guest today is Larry Hite, a hedge fund manager who is credited as one of the forefathers of system trading. He co-founded Mint Investments in 1981, which by 1990, had become the largest commodity trading advisor in the world in terms of assets under management. After forming a partnership with the Man Group in the same year, he pioneered the principal protected fund concept, leading to a number of successful structured products and financial engineering innovations. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Becoming a film director Overcoming obstacles Entitlement and hustle AI and its limitations Trend following Personal experiences and anecdotes Marriage and divorce Societal changes and cultural shifts 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!

My guest today is Larry Hite, a hedge fund manager who is credited as one of the forefathers of system trading. He co-founded Mint Investments in 1981, which by 1990, had become the largest commodity trading advisor in the world in terms of assets under management. After forming a partnership with the Man Group in the same year, he pioneered the principal protected fund concept, leading to a number of successful structured products and financial engineering innovations. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Becoming a film director Overcoming obstacles Entitlement and hustle AI and its limitations Trend following Personal experiences and anecdotes Marriage and divorce Societal changes and cultural shifts 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!

My guest today is Larry Hite, a hedge fund manager who is credited as one of the forefathers of system trading. He co-founded Mint Investments in 1981, which by 1990, had become the largest commodity trading advisor in the world in terms of assets under management. After forming a partnership with the Man Group in the same year, he pioneered the principal protected fund concept, leading to a number of successful structured products and financial engineering innovations. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Human behavior and decision-making Impact of technology on culture Reading habits Economics and consumer behavior Learning from younger generations Trendless periods 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!

My guest today is Larry Hite, a hedge fund manager who is credited as one of the forefathers of system trading. He co-founded Mint Investments in 1981, which by 1990, had become the largest commodity trading advisor in the world in terms of assets under management. After forming a partnership with the Man Group in the same year, he pioneered the principal protected fund concept, leading to a number of successful structured products and financial engineering innovations. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Human behavior and decision-making Impact of technology on culture Reading habits Economics and consumer behavior Learning from younger generations Trendless periods 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!

My guest today is Larry Hite, a hedge fund manager who is credited as one of the forefathers of system trading. He co-founded Mint Investments in 1981, which by 1990, had become the largest commodity trading advisor in the world in terms of assets under management. After forming a partnership with the Man Group in the same year, he pioneered the principal protected fund concept, leading to a number of successful structured products and financial engineering innovations. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Losing trades Trading system Marriage and divorce Trend following strategies  Chasing success 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!

My guest today is Larry Hite, a hedge fund manager who is credited as one of the forefathers of system trading. He co-founded Mint Investments in 1981, which by 1990, had become the largest commodity trading advisor in the world in terms of assets under management. After forming a partnership with the Man Group in the same year, he pioneered the principal protected fund concept, leading to a number of successful structured products and financial engineering innovations. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Losing trades Trading system Marriage and divorce Trend following strategies  Chasing success 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!

My guest today is Larry Hite, a hedge fund manager who is credited as one of the forefathers of system trading. He co-founded Mint Investments in 1981, which by 1990, had become the largest commodity trading advisor in the world in terms of assets under management. After forming a partnership with the Man Group in the same year, he pioneered the principal protected fund concept, leading to a number of successful structured products and financial engineering innovations. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Career risk Pensions Larry Hite's strategies Risk and reward 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!

My guest today is Larry Hite, a hedge fund manager who is credited as one of the forefathers of system trading. He co-founded Mint Investments in 1981, which by 1990, had become the largest commodity trading advisor in the world in terms of assets under management. After forming a partnership with the Man Group in the same year, he pioneered the principal protected fund concept, leading to a number of successful structured products and financial engineering innovations. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Career risk Pensions Larry Hite's strategies Risk and reward 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!

 Spooked by your losses? You're not alone! The shop sits down to talk about capital gains, wash sales, and the 13 Scariest Days in Stock Market History before diving into Real Estate Investment Trusts and the Trading Rules of Larry Hite. In this video for educational purposes only, Danny Stewart, Don Vandenbord, Michael Ramos, […] The post The Scariest Days in the Stock Market | Your Money Podcast – Episode 424 appeared first on Revere Asset Management.

My guest today is Larry Hite, a hedge fund manager who is credited as one of the forefathers of system trading. He co-founded Mint Investments in 1981, which by 1990, had become the largest commodity trading advisor in the world in terms of assets under management. After forming a partnership with the Man Group in the same year, he pioneered the principal protected fund concept, leading to a number of successful structured products and financial engineering innovations. The topic is Trend Following. In this episode of Trend Following Radio we discuss: The goal of making money Strategies for investing How does trend following work? What causes inflation? 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!

My guest today is Larry Hite, a hedge fund manager who is credited as one of the forefathers of system trading. He co-founded Mint Investments in 1981, which by 1990, had become the largest commodity trading advisor in the world in terms of assets under management. After forming a partnership with the Man Group in the same year, he pioneered the principal protected fund concept, leading to a number of successful structured products and financial engineering innovations. The topic is Trend Following. In this episode of Trend Following Radio we discuss: The goal of making money Strategies for investing How does trend following work? What causes inflation? 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!

Please enjoy my extra interview with Larry Hite. This episode may also include great outside guests from my archive. --- 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!

Please enjoy my extra interview with Larry Hite. This episode may also include great outside guests from my archive. --- 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!

My guest today is Larry Hite, a hedge fund manager, who, along with those like Ed Seykota, is one of the forefathers of system trading. He has been profiled and recognized as one of the best in the industry in numerous major international publications. He co-founded Mint Investments in 1981. By 1990, Mint had become the largest Commodity Trading Advisor in the world in terms of assets under management. In 1990, Jack Schwager dedicated a chapter of his bestselling book, Market Wizards to Hite's trading and risk management philosophy. The topic is Trend Following. In this episode of Trend Following Radio we discuss: “Don't bet your deli to win a pickle.” Crypto and trend following The asymmetric option of David Ricardo's golden rules Buy, sell, and bet the correct way A system where you cut your losses and let your winners run on The historic trend following performance of 2022 Larry's dyslexia 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!

My guest today is Larry Hite, a hedge fund manager, who, along with those like Ed Seykota, is one of the forefathers of system trading. He has been profiled and recognized as one of the best in the industry in numerous major international publications. He co-founded Mint Investments in 1981. By 1990, Mint had become the largest Commodity Trading Advisor in the world in terms of assets under management. In 1990, Jack Schwager dedicated a chapter of his bestselling book, Market Wizards to Hite's trading and risk management philosophy. The topic is Trend Following. In this episode of Trend Following Radio we discuss: “Don't bet your deli to win a pickle.” Crypto and trend following The asymmetric option of David Ricardo's golden rules Buy, sell, and bet the correct way A system where you cut your losses and let your winners run on The historic trend following performance of 2022 Larry's dyslexia 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!

My guest today is Larry Hite, a hedge fund manager, who, along with those like Ed Seykota, is one of the forefathers of system trading. He has been profiled and recognized as one of the best in the industry in numerous major international publications. He co-founded Mint Investments in 1981. By 1990, Mint had become the largest Commodity Trading Advisor in the world in terms of assets under management. In 1990, Jack Schwager dedicated a chapter of his bestselling book, Market Wizards to Hite's trading and risk management philosophy.  The topic is Trend Following. In this episode of Trend Following Radio we discuss: How simple it is to make money in any kind of market Long Term Capital Management Trend following system as a way to make money in stocks 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!

My guest today is Larry Hite, a hedge fund manager, who, along with those like Ed Seykota, is one of the forefathers of system trading. He has been profiled and recognized as one of the best in the industry in numerous major international publications. He co-founded Mint Investments in 1981. By 1990, Mint had become the largest Commodity Trading Advisor in the world in terms of assets under management. In 1990, Jack Schwager dedicated a chapter of his bestselling book, Market Wizards to Hite's trading and risk management philosophy.  The topic is Trend Following. In this episode of Trend Following Radio we discuss: How simple it is to make money in any kind of market Long Term Capital Management Trend following system as a way to make money in stocks 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!

Ready to Take the guesswork out of trading? Check out https://www.aistocktradingsystem.com Learn about How Larry Hite Beat the Odds in the Market and In Life please check out: https://www.10minutestocktrader.com This video is presenting How Larry Hite Beat the Odds in the Market and In Life valuable information but also try to cover the following subject: -Larry Hite market wizards -Larry Hite trading method -how did Larry Hite trade One thing I observed when I was searching for info on How Larry Hite Beat the Odds in the Market and In Life was the absence of pertinent info. How Larry Hite Beat the Odds in the Market and In Life however is a subject that I understand something about. This video for that reason should be relevant and of interest to you. Follow our video clips regarding Larry Hite market wizards, Larry Hite trading method, and how did Larry Hite trade and also various other similar subjects on Facebook: facebook.com/10minutetrading Instagram: instagram.com/10minutetrading If you were searching for more info about Larry Hite market wizards or Larry Hite trading method did this video aid? Maybe you wish to comment below and let me understand what else I can help you with or information on How Larry Hite Beat the Odds in the Market and In Life. My Name is Christopher Uhl and I'm an Award-Winning Trader, Entrepreneur, Author, Podcaster, Speaker, and Coach that partners with entrepreneurial traders and everyday investors looking to get ahead around the world to help them change their financial futures. Follow these steps to get started on your journey to becoming a 10 Minute Trader too! Step #1: Get the 100% FREE secret weapon that investors all over the world are using to start changing their financial future here: https://www.triplestockprofits.com Step #2: Want to See How We Use Artificial Intelligence To Get Win Rates As High as 90%, Without Wasting Any Time on Useless and Obsolete Technical Analysis... Go Right Now to https://www.finclub.ai and see for yourself how they take the guesswork out of trading! Step #3 Do you have the premier options, trading broker? If you have any other brokers, I want you to stop and go to https://www.trytastyworks.com right now. I have an incredible offer for you, just sign up for a FREE account with Tastyworks using offer code 10MINUTE and I will give you nearly $1,500 in FREE bonuses just for creating a FREE account! It doesn't get any easier than that! Step #4 This Is The BEST Charting Platform I've Ever Used, Get 15% (or more!) Off Your First Year! TRENDSPIDER - The Future of Trading Software https://trendspider.10minutestocktrader.com Step #5 Get A FREE Copy Of The Book I Use As My Business Plan To Grow From Zero to Seven Figures... Expert Secrets - Find Your Message, Build A Tribe, And Change The World... https://expertsecrets.10minutestocktrader.com For more information please visit: https://www.10minutestocktrader.com/legal

Jestem zaszczycony, że mogę ponownie gościć u siebie w podkaście Toma Basso – legendarnego inwestora stosującego tzw. podążanie za trendem. Tym razem w tle rozmowy towarzyszyć nam będzie książka „Trend Following Mindset”, w której inny słynny inwestor, Larry Hite napisał w recenzji: „Każdy może zarobić dużo pieniędzy bez odpowiedniego sposobu myślenia według filozofii podążania za trendem, ale nigdy nie utrzyma tych wyników. Ten sposób myślenia to nie wszystko, ale jest całkiem blisko”.W tym odcinku rozmawiamy na wiele tematów związanych z inwestowaniem na rynku. Usłyszysz o inwestowaniu algorytmicznym, roli psychologii i pasywnym podejściu do inwestowania w opozycji do aktywnego. Jest też o tym, dlaczego inteligencja nie idzie w parze z wynikami inwestycyjnymi.Materiał dostępny w formie podcastu

Jack Schwager on the worlds greatest unknown traders.An interview with Jack Schwager, the author of The Market Wizards series of books, on his new book, Unknown Market Wizards. Jack has been involved in financial markets for over 45 years, he worked as a market analyst, a trader, managed institutional portfolios of managed accounts, and has written extensively on the futures industry.  He is most famous for his Market Wizards series of books, interviews with great traders in all financial markets. He has just released the newest installment of that series Unknown Market Wizards, which I reviewed in my Top Ten Books for Traders list earlier this week.  Schwager has interviewed Bruce Kovner, David Shaw, Paul Tudor Jones, Ed Seykota, Michael Steinhardt, William O'Neill, William Eckhardt, Monroe Trout, Stanley Druckenmiller, Mark Ritchie, Blair Hull, Larry Hite, Jim Rogers, Edward Thorp, Richard Dennis, and many more of the worlds most famous and highest returning traders.Patrick Boyle asks Jack about the characteristics these great traders have in common, what it takes to be a great trader, and what kind of returns do market wizards make in the long run. They discuss the efficient markets hypothesis, risk management, and how markets change over time.Patreon Page: https://www.patreon.com/PatrickBoyleOnFinanceUnknown Market Wizards by Jack Schwager:  https://amzn.to/3om6SHJJack Schwager Author Page on Amazon: https://amzn.to/3mBTq1LJack's Website: https://jackschwager.com/Patrick's Books:Statistics for the Trading Floor:  https://amzn.to/3eerLA0Derivatives for the Trading Floor:  https://amzn.to/3cjsyPFCorporate Finance:  https://amzn.to/3fn3rvC Visit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleFind Patrick on YouTube at: https://www.youtube.com/c/PatrickBoyleOnFinanceSupport the show (https://www.patreon.com/PatrickBoyleOnFinance)

Ep. 900: Larry Hite Interview with Michael Covel on Trend Following Radio

My guest today is Larry Hite, the founding principal and Managing Director of Mint Investment Management Company. During his 13-year tenure at Mint, the composite of funds achieved a compounded annual rate of return greater than 30% before fees during that period. Hite pioneered the use of the “guaranteed fund” concept, which helped Mint be the first to raise over $1 billion. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Having the Right Attitude Trend Following Stop Loss The Most Fundamental Thing in the Market are People Herd of Sheep Adam Smith What it takes to be a Trader 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!

Born in Brooklyn without a silver spoon in his mouth, partially blind in one eye, and Dyslexic- back before “Dyslexia was even a ‘thing’, this man’s current net worth is over One Hundred Million Dollars. Today we are lucky to visit with Mr. Larry Hite. Larry is an investor, trend follower and pioneer of system trading and the guaranteed fund concept. He is best known as the founder of Mint Investment Management Company. During his 13-year tenure at Mint, the composite of funds achieved a compounded annual rate of return greater than 30% before fees during that period. Hite pioneered the use of the “guaranteed fund” concept, which helped Mint become the first hedge fund to raise over $1 billion.  In 2000, he founded Hite Capital, a family wealth management firm. He was profiled in the book Market Wizards by Jack Schwager and won the Hedge Funds Review Americas lifetime achievement award. The Financial Times wrote “Hite’s development of complex, algorithmically driven models that aimed to spot and follow market trends delivered average annualized returns of more than 30 per cent to his clients.” Today we’re talking about how he started his life in “survival mode”, dealt with his blindness & Dyslexia and made better for himself from what he had been given. Enjoy!     In this episode Peter & Mr. Hite discuss: 0:45-  Intro & welcome Larry!   1:32-  You grew up in Brooklyn before Dyslexia was even a thing! What was that like for you? 2:28-  So how was school; were you a public school kid also? 3:10-  How did you find your path forward? 5:00-  After you finished school, what was your next move? 6:20-  How were you working with numbers & figures daily, yet also Dyslexic? 7:47-  A lot of our listeners get grief because they don’t conform to “the normal ways of doing things”. What was your experience? 8:22-  Talk about how you went from living in survival mode, to starting your own firm 9:47-  So, did you have a few clear paths forward then; options? 10:20-  What advice would you give to someone who feels they don’t have the ability to succeed? 12:28-  On making do with what you have 14:05-  When you ran Mint and after you became the first hedge fund to raise over a billion dollars, did you ever feel like you had succeeded? 14:50-  Thank you Larry; this has been a pleasure! By the way, may we ask your age? 15:00-  Thank you Larry! And thank YOU for subscribing, reviewing and listening. Your reviews are working! Even if you’ve reviewed us before, would you please write even a short one for this episode? Each review that you post helps to ensure that word will continue to spread, and that we will all be able to reach & help more people! You can always reach me via peter@shankman.com or @petershankman on all of the socials. You can also find us at @FasterThanNormal on all of the socials. 15:38-  Faster Than Normal Podcast info & credits As always, leave us a comment below and please drop us a review on iTunes and of course, subscribe to the podcast if you haven’t already! As you know, the more reviews we get, the more people we can reach. Help us to show the world that ADHD is a gift, not a curse! Do you know of anyone you think should be on the FTN podcast? Shoot us a note, we’d love to hear! ~Happy Holidays everyone~

Larry Hite and more quotes

In episode 182 we welcome our guest, Larry Hite. Larry and Meb start off the conversation with Larry’s origin as a trend follower, and the parallels to trend following and life. Larry follows with personal challenges he overcame in life, and how he found a path to success through a life lesson, weeding out what he couldn’t do, and include the things that gave him a lot of enjoyment and potentially a lot of money (or both). Next, Larry gets into his start in investing, combing through hundreds of years of data and finding that cutting losses and letting winners run really works. He then transitions into some underlying foundations about how he thinks about trading, including, putting the odds in your favor by creating asymmetrical bets. Meb then talks with Larry about founding Mint, one of the earliest systematic CTAs, and was the first hedge fund to raise over $1 billion. As the conversation winds down, Larry talks about systematic rules, trend following, and making an array of bets. All this and more in episode 182, including concluding thoughts on challenges and resiliency, and Larry’s most memorable investment.

On this week’s episode, we discuss the tendency for investors to confuse volatility & noise with risk and instability, the benefits of great mentorship, why the best investments are those that have survived calamitous periods, why risk from any single market shouldn’t be able to ruin your portfolio, and Larry Hite’s observation that there is very little magic in Trend Following. Questions we answer this week include: can a 10-year track record can be considered as anything more than noise? Is there a way to achieve exceptionally high returns with minimal risk & volatility?  What really is a ‘fat tail’?  Can Trend Followers make money in rising interest-rate environments?  Can you apply Trend Following to the VIX index? If any listeners would like to leave us a voicemail message to play on the show, you can do so here. Register your interest for our upcoming live event in New York here. You can download your free guide to Systematic Investing, and subscribe to our mailing list by visiting TopTradersUnplugged.com Get a free copy of my latest book "The Many Flavors of Trend Following" here. Send your questions to info@toptradersunplugged.com Follow Niels, Jerry & Moritz on Twitter: @TopTradersLive, @RJparkerjr09 and @MoritzSeibert And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast. Episode Summary 0:00 Intro 1:15 Macro recap from Niels 8:15 Top tweets 45:45 Question 1: Gaetano; Is it reasonable to TF volatility/VIX futures? 50:00 Debate: Can TF make money in a rising rate environment? 1:01:20 Performance recap 1:03:30 Live event update 10/26/19-10/27/19; Special Guest: Denise Shull Subscribe on:

Host of FOX Business Network's The Claman Countdown, Liz Claman is joined by Larry Hite, a Hedge Fund Manager and author of the new book “The Rule: How I Beat the Odds in the Markets and in Life.” Larry discusses the obstacles he had to overcome being both dyslexic and partially blind, what led him to become a stockbroker and more. Follow Liz on Twitter: @LizClaman  

My guest today is Larry Hite. He was the founding principal and Managing Director of Mint Investment Management Company. During his 13-year tenure at Mint, the composite of funds achieved a compounded annual rate of return greater than 30% before fees during that period. Hite pioneered the use of the “guaranteed fund” concept, which helped Mint be the first to raise over $1 billion. The topic is Trend Following. In this episode of Trend Following Radio we discuss: The Rule: How I Beat the Odds in the Markets and in Life―and How You Can Too 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 talks with Larry Hite about his first book The Rule. It's the empowering story of Larry Hite’s unlikely rise to the top of the hedge fund world―with critical insights and lessons you can take to the bank Larry recounts his working-class upbringing in Brooklyn as a dyslexic, partially blind kid who was anything but a model student―and how he went on to found and run Mint Investment Management Company, one of the most profitable and largest quantitative hedge funds in the world. Hite’s wild success is based on his deep understanding that markets are flawed―just like people. Through his early-life struggles and failures, Hite came to know himself well―his fears, his frustrations, his self-doubt, and his tolerance for all of the above. This motivational book reveals that by accepting the facts of his life and of himself, he was able to accept markets as they are. And that was the key to his success. You’ll walk of the footsteps of an investing legend, who imparts smart, practical trading lessons throughout the journey. Making a successful living in trading isn’t about beating the markets. It’s about meeting markets where they are, embracing the fact of risk, knowing yourself, and playing it strictly by the numbers. The Rule shows that investing decisions are not only bets or gambles, but investments in time, energy, and attention. By focusing on realistic returns on your investments―versus what you expect or hope to get―you immediately improve your probability for success. *** Larry Hite was the founding principal and Managing Director of Mint Investment Management Company. During his 13-year tenure at Mint, the composite of funds achieved a compounded annual rate of return greater than 30% before fees during that period. Hite pioneered the use of the “guaranteed fund” concept, which helped Mint be the first to raise over $1 billion.

There’s no other way to say it; Larry Hite is the definition of a market veteran, he’s someone who first developed an interest for trading and markets during the 60’s… Besides a reputation for extreme risk management, Larry is perhaps best known as co-founding Mint Investments—a hedge fund formed in 1981. He’s also considered to be one of the forefathers of trading systems and a pioneer of trend following. By 1988, Mint achieved an average annual compounded return of over 30%—it’s best year being 60% (in 1987, the year of the stock market crash) and it’s worst year up 13%. By 1990, Mint was the world’s largest hedge fund at the time, with $1-billion of assets under management. It was also around this time, that Mint’s performance caught the attention of Jack Schwager, as Larry was profiled and interviewed in the first book of the best-selling Market Wizards series. Now almost 30-years on, Larry has written a book of his own titled The Rule. It reflects on life experiences, trading lessons, and pretty much, how the most unlikely kid in the classroom went on to generate a significant personal fortune. During this episode, Larry and I discuss trading, risk philosophy and probability, life and memorable moments, and Larry’s work as a philanthropist too.

Larry Hite recently called Michael and left him a voicemail regarding podcast episode #606. Larry has seen his share of ups and downs and has had a great career so praise from Larry was a nice surprise. Michael follows Larry’s praise by sharing a recent Facebook conversation with a critic. The conversation ensued regarding a post quoting Sam Harris. The back and forth that began with this Facebook “friend” starts with her calling Michael dogmatic (among other things) and by the end of the banter she evolves to calling him a cult leader. What is the takeaway from this conversation? Develop a system for dealing with people and their opinions. What is a key thing to keep in mind while developing that system? Not everyone’s opinion matters. In this episode of Trend Following Radio: Trend Following 5th Edition Dogmatic Trend following performance How to filter trolls Sock puppets Sorting the real from the fake

Michael has audio books for Trend Following (fourth and fifth editions), The Complete TurtleTrader and Trend Commandments. He starts the podcast today playing the afterword to the 5th edition of Trend Following written by Larry Hite. He follows this reading with Stig Ostgaard’s white paper titled “The Origins of Trend Following” first published in Trend Commandments. Michael finishes up the podcast playing a full chapter on psychology from his newest edition of Trend Following. In this episode of Trend Following Radio: Psychology of trading Irrationality of people Behavioral economics The meaning of money NLP Evolution of trend following How Larry Hite began trading Risk management

On today’s episode of Trend Following Radio Michael starts off discussing his travel. One of his stops in early December was New York City to meet up with a few legends, one of them being Larry Hite. He talks a bit about their lunch conversation and how Larry has climbed the ladder of success. Larry paints the picture that he was just an average Joe from Brooklyn, and his success is fully obtainable if the right desire and drive is there.Today's subject on Trend Following Radio goes along the lines of the rest of his conversation with Larry Hite. It’s all about the data. Michael makes it clear that his career would not exist if he did not have the opportunity to dig into the trend following data. You see all types of trend following traders up in the same months and down in the same months–that means something. Doesn’t matter why it happened, just that it happened. Further, many make the mistake of not caring about the psychological. You can have the best system under the sun, but if you don’t have the psychological toughness to carry it out then the system does not matter.Michael goes on to read from an article out of The Washington Post titled, “Jeff Samardzija just proved athletes would be foolish to pick NFL over MLB.” America’s favorite sport is football, hands down. The dream of just about every father in America is for his son to play professional football. However, all data says to stop right now and turn your focus to baseball. The article states, “The top 30 contracts in the history of team sports – ranked by total compensation – all went to baseball players.” When you compare average players in the MLB with top players in the NFL, the MLB still comes out on top. “Through this season, [Calvin] Johnson will have collected $113,816,086 in earnings, making him one of the wealthiest non-quarterbacks in league history. Samardzija, by virtue of the five-year contract he just signed with the San Francisco Giants, is guaranteed to have earnings of $122,725,000 – and have another chance to dip into the till in 2021, when he’ll turn 36.” Mike pulls the article back to trend following showing that trend following numbers have made it and persevered through ups and downs. It may not be the most widely known strategy, but the data is real. In this episode of Trend Following Radio: The success of Larry Hite Baseball vs. Football Trusting the data

Please enjoy my monologue Larry Hite Views Outlined with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive. --- 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!

On today’s episode of Trend Following Radio Michael Covel features Larry Hite. Larry is unquestionably one of the founding fathers of systematic trend following. In 1981 he founded Mint Investments and by 1990 it was one of the largest trend following funds in the world. At the same time he formed partnership at Man group, which became wildly successful as well. In 2000 he decided to go another direction, focusing on proprietary trading and research, founding Hite Capital Management. Currently, Larry is partnered at ISAM with his long time colleague Stanley Fink.Throughout today’s podcast Michael pulls quotes and excerpts straight from Larry’s chapter in “The Little Book of Trading.” Quotes range from probability advice to compound interest and one or all of them are certain to spark certain “Ah-ha” moments. Michael starts with Larry giving advice on the notion of being wrong. Larry stresses that being wrong is ok. He was wrong often and always built the possibility of being wrong into his models. He would ask himself, “How much can I afford to lose?” And work his risk in from there. Hite found that even having perfect knowledge of an end of year price wouldn’t guarantee riches. His research proved that you could only bet with 3:1 leverage on a stock, even if you had absolute knowledge of the stocks year end price, because you can’t predict the path a market might take getting there. Respecting leverage is key. Michael then brings up a dating story Larry shared about probabilities.Michael then goes into Larry’s risk management. He stresses, “Make sure you are as prepared as possible. You can’t know everything but you can certainly be prepared.” Larry always starts from an assumed position of ignorance. You have to know what you don’t know. If you know what the worst possible outcome can be from the outset then you are starting with a great advantage. Mike finishes with one last excerpt from Larry taken from a paper titled “Life is a Bet.” In this excerpt Larry outlines why life is just a serious of bets. Some are large and some are small. Some seem trivial and some seem to have far greater impact on our lives. However, those trivial bets can quickly become paramount. Never discount a decision. It could be the one that makes or breaks you. In this episode of Trend Following Radio: Respecting leverage Thinking in terms of odds Being wrong is OK Getting the odds on your side Risk management Life is a series of bets

Jason Stapleton is one of the founders of Trade Empowered and a managing partner of Harborsite Capital.  Jason hosts the podcast The Live Show. Jason’s heavy focus  on trader psychology, along with his in-depth knowledge of advanced technical analysis, gives him the unique opportunity to work with traders of all skills and levels, helping them to achieve a higher level of success and understanding in the foreign exchange market.   Economics and Finance Themes: In parts 1 and 2 of the Economic Rockstar interview with Jason Stapleton, Jason mentions and discusses: technical analysis, trading strategies, stock market psychology, behavioral economics, herding behavior, Gartley patterns, harmonic price patterns, Fibonacci numbers, fundamental analysis, probability, the Turtle Trader story, rational and irrational behavior.   Jason's Influencers: His business partner Todd Browne, options trader John Carter, systems trader Larry Hite and trader Mike Bellafiore.   Find out: In this first part of the Economic Rockstar interview with Jason Stapleton, Jason shares with us some thoughts on technical analysis: how Jason lost all his money when he first started out trading in penny stocks. the number one reason why people become traders. how to create a competitive edge in the financial markets. about systems trading and the Gartley pattern. how working on probabilities is better than certainties in trading. and much more.   To check out the show notes page visit:  http://www.economicrockstar.com/jasonstapleton1

My guest today is Alex Greyserman, Chief Scientist at managed futures firm ISAM. He is also a professor at Columbia University. He is a member of the ISAM Systematic Investment Committee. He has 25 years of experience in the Managed Futures industry, having starting initially as Research Director at Mint Investment Management Co. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Idea of young college graduates writing articles about the death of trend following while firms like Greyserman's continue to have tremendous success Alternatives to thinking only ‘long stocks' Greyserman's first meeting with Larry Hite and how they have come to have such a career together Why trend following is about more than getting on the right side of the S&P trade The difference between cross-sectional momentum and time series momentum The phrase “crisis alpha” and why trend following does well in times of crisis The cost of not having trend following in your portfolio Benchmarking and diversification Why the worst thing you can do is “trend follow a trend follower” The science of trend following Speculation Trend following your life–not just the markets Dispersion among trend following traders Effect of a higher rate environment 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 speaks with Alex Greyserman. Greyserman is Chief Scientist at managed futures firm ISAM. He is also a professor at Columbia University. Greyserman’s new book with previous podcast guest Kathryn Kaminski is titled Trend Following With Managed Futures. Covel and Greyserman discuss the idea of young college graduates writing articles about the death of trend following while firms like Greyserman’s continue to have tremendous success; alternatives to thinking only 'long stocks'; Greyserman’s first meeting with Larry Hite and how they have come to have such a career together; why trend following is about more than getting on the right side of the S&P trade; the difference between cross-sectional momentum and time series momentum; the phrase “crisis alpha” and why trend following does well in times of crisis; the cost of not having trend following in your portfolio; benchmarking and diversification; why the worst thing you can do is “trend follow a trend follower”; the science of trend following; speculation; trend following your life--not just the markets; dispersion among trend following traders; and the effect of a higher rate environment. For more information on Alex Greyserman, go to isam.com or visit Amazon to find his book with Kathryn Kaminski, Trend Following with Managed Futures. Want a free trend following DVD? Go to trendfollowing.com/win.

Michael Covel opens up today’s monologue by talking about a music video that he thinks sums up today’s society. Next, Covel highlights a clip of David Harding talking to CNBC. Covel highlights some of the past issues Harding has seen in talking to CNBC and plays the clip. Covel discusses the history of trend following and some of the core big-picture ideas employed by traders like David Harding, Larry Hite, Ed Seykota, Bill Dunn, and others. Covel moves into a Twitter discussion he had recently where he posted a Bloomberg article featuring the most misinformed description of trend following he’d seen yet. When the author responded on Twitter, sparks flew. Covel talks about the lessons learned by the exchange: it’s a great opportunity to clarify what trend following trading is, the question of where one makes their money from, and academic chops. Want a free trend following DVD? Go to trendfollowing.com/win.

My guests today are Larry Hite and Alex Greyserman.  Hite is a hedge fund manager and is one of the forefathers of system trading. He was famously featured in the Market Wizards book. A few years ago he started ISAM with Stanley Fink. Greyserman has 25 years of experience in the CTA industry, and was originally hired by Larry Hite at Mint. Greyserman is Chief Scientist at ISAM (PhD in Statistics). He is also a professor at Columbia University. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Singapore, and Covel's recent excursions in Asia How the game has stayed the same despite zero interest rate policy What people are missing when they say “trend following is dead” How you'll never get perfection Their 800 year study, the premise, and what was found out Measuring human nature The difference between divergent and convergent strategies Risk management Having “perfect” knowledge Using long trends and getting whipsawed in shorter trends The asset class of trend following compared to the NASDAQ buy and hold, etc. What's changed about human nature through all the booms and busts Insurance, hedging your risk, and the risk transference process Asymmetrical leverage Adjusting to new environments How those that survive are the most adaptable to the environment How trend following automatically adjusts to what's happening 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 speaks with Larry Hite and Alex Greyserman today on the podcast. Hite is a hedge fund manager and is one of the forefathers of system trading. He was famously featured in the Market Wizards book. A few years ago he started ISAM with Stanley Fink. Greyserman has 25 years of experience in the CTA industry, and was originally hired by Larry Hite at Mint. Greyserman is Chief Scientist at ISAM (PhD in Statistics). He is also a professor at Columbia University. Covel, Hite, and Greyserman discuss Singapore, and Covel’s recent excursions in Asia; how the game has stayed the same despite zero interest rate policy; what people are missing when they say “trend following is dead”; how you’ll never get perfection; their 800 year study, the premise, and what was found out; measuring human nature; the difference between divergent and convergent strategies; risk management; having “perfect” knowledge; using long trends and getting whipsawed in shorter trends; the asset class of trend following compared to the NASDAQ buy and hold, etc.; what’s changed about human nature through all the booms and busts; insurance, hedging your risk, and the risk transference process; asymmetrical leverage; adjusting to new environments; how those that survive are the most adaptable to the environment; and how trend following automatically adjusts to what’s happening. More: www.isam.com. Want a free trend following DVD? Go to trendfollowing.com/win.

Michael Covel talks to author, blogger and trader Steve Burns. In his second visit to the podcast Burns and Covel discuss several famed trading quotes containing wisdom from Ed Seykota, Richard Dennis, Tom Willis, Jesse Livermore, Amos Hostetter, Ben Stein, Bertrand Russell, T. Boone Pickens, and Larry Hite. Covel and Burns discuss risk management; position sizing; the magic of compounding; why individual trades have very little meaning; turning down the volume on your emotions in your trades; how your losses can be an education; concept and theory with regard to trend following; quantifying and capturing trends; "just trading the numbers"; greed and fear in the context of trends; the common attitudes and misconceptions of novice to trend following traders; trading against the market vs. trading against yourself; drawdowns, and the importance of studying the track records of the great traders; entry and exit strategies; the importance of starting "right" in every enterprise; the curse of laziness; ignoring the talking heads; why you don't need 20 screens on your desk to trade optimally; cutting your losses; the 1% rule; being blinded by the fundamentals; why if you diversify, control your risk, and go with the trend, it just has to work; I.Q. vs. emotional intelligence (E.Q.); and technology and long term trend following. Special Offer? Receive free DVD delivered to your home or office: www.trendfollowing.com/win.

The first monologue of the new year! Covel goes on to review four things that have recently hit his desk that highlight the misinterpretations of trend following and trading in general. The first, regarding a speaking gig in Beijing, concerns itself with distinguishing between reality and unreality. The second comes from Teller, of Penn and Teller fame. Covel goes on to discuss whether a trading system should be specifically designed to suit your personality--something Covel doesn't necessarily agree with. He gives examples of the Turtles, AHL of London, Larry Hite, Ken Tropin--all traders who have different personalities but are similar in their systematic approaches. It's not about whether trend following trading "fits" your personality--it's about the fact that it works and there is performance data that proves it. The third example comes from a listener, and Covel discusses time decay and "choppy markets". The fourth comes from Jim Rohrbach, who put a piece out in late December in which he caught a radio show that stated "the stock market is always right". Paraphrasing Rohrbach, Covel notes that the market does what it wants to do. When the market doesn't do what a trader thinks it should do, they insist the market is wrong. We may not like or agree what the market is doing any any particular time, but it's futile to say the market is wrong or to invest opposite the market. It's as simple as being long when the market is going up, and being short when it's going down. Of course, you need rules to deal with that: choppy markets, knowing when to exit, and keeping losses to a minimum--that's what Covel teaches. Free DVD: www.trendfollowing.com/win.

Michael Covel brings some unexpected trend following messages and inspiration from eclectic and unexpected places. The first comes from Neil Young, his lyrics signifying the ups and downs of life and trading. The important thing is that we're along for the ride: "I've been first and last, look at how the time goes past, but I'm all alone at last, rolling home to you." Covel discusses the unexpected inspiration he's found over the past few weeks leading up to his recent speaking engagement in Las Vegas arranged by Timothy Sykes. As you would expect Covel found some important food for thought on his trip and he shares these eccentric lessons: A pamphlet found in a hotel room from Affliction Clothing; a film called "Jiro Dreams of Sushi" that holds some important messages about passion and practice; a book that Covel received from his Yoga teacher titled "How Yoga Works" that has more to do with trading than you'd ever expect; and the book "Investment Biker: On The Road with Jim Rogers". Covel also discusses a quote from famed trader Larry Hite about how in the big picture nothing really changes. People are people and people are always motivated by greed and fear. A reader questions how high frequency trading and automation work into the equation and Covel answers. Covel also discusses some thoughts from more fundamental thinkers such as Hugh Hendry and John Hussman (and why, whether it is their intention or not, they write great missives about why trend following works). From a strategy perspective how do you follow along and make money in a world where fundamentals don't offer you hope on the timing of things? How can you make money in that world? The answer is trend following. If you don't have trend following in your portfolio what are you missing? Covel also makes a big announcement for a special in-person seminar event in Las Vegas coming up in December. The event includes both of Covel's dinosaur systems (T-Rex and Triceratops), a ton of materials (documents, audio, and video) that are unlikely to ever be released anywhere else, a long Friday night dinner, a full day session on Saturday--everything you need but the airfare. You'll have to make your decision by November 1st for the event on December 7th and 8th. Also a special DVD offer: www.trendfollowing.com/win.

Michael Covel discusses an article titled "21 Ways Rich People Think Differently Than Average People". The word rich may not be the best term here as Covel notes, "being rich or poor doesn't stop you from being a schmuck." Covel makes a more clear distinction between average people and people of high character. He goes through the list and offers commentary on statements such as "average people think money is the root of all evil; rich people believe poverty is the root of all evil." Money, Covel maintains, is just a medium of exchange and that's all it is. It's what you make of it that becomes good or bad. Readers will see that many of the precepts and principles in this article are straight out of Trend Following 101. Further, commentary includes seeing money through the eyes of emotion vs. seeing it logically; following your passion vs. working for the man; setting low expectations vs. challenging yourself; knowing the markets are driven by emotion and greed; being a slave to debt; surviving vs. thriving; education vs. entertainment; finding comfort in uncertainty; and trend follower Larry Hite's concept of asymmetric bets. Next, Covel discusses "An Investor's Guide to Famous Last Words" from The Motley Fool. Covel used to spend time ripping The Motley Fool for pumping buy and hold, and in the end pulls no punches in revealing the author to be a die hard "value" guy (despite agreeing on certain points). Would you like a special offer DVD sent to your home or office? Go: www.trendfollowing.com/win.