Podcast appearances and mentions of niels kaastrup larsen

What if the biggest risk in markets today isn't volatility, inflation, or geopolitics - but the stories we believe to be true? In this unfiltered and thought-provoking episode, Demetri Kofinas joins Cem Karsan and Niels Kaastrup-Larsen for a piercing conversation that challenges how we process information, construct narratives, and make decisions in uncertain environments. This isn't about market forecasts - it's about how easily our thinking can be hijacked. From the corrosive incentives of financial media to the quiet ways conviction becomes cognitive quicksand, Demetri argues that investors today are drowning not in data, but distortion - misled by institutions built to entertain, not enlighten. Yet this episode is more than critique. It offers a path forward - one grounded in introspection, discomfort, and the discipline of intellectual honesty. For anyone managing capital - or simply trying to see clearly in a noisy world—this is a conversation that may shift not just your positions, but your perspective. Because the greatest edge in markets isn't a model. It's clarity when others are lost in the fog.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK 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 “Ten Reasons to Add Trend Following to Your Portfolio” 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 Spotify so more people can discover the podcast.Follow Cem on Twitter.Follow Demetri on X.Episode TimeStamps: 03:21 - Introduction to Demetri Kofinas04:39 - The era of financial nihilism11:44 - The birth of a radical optimism?20:10 - The risk of not heeding the call26:16 - The dark side of smoothing the business cycle29:14...

This episode dives deep into the intricacies of trend following strategies and their connection to complex adaptive systems. Richard Brennan and Niels Kaastrup-Larsen explore how these systems respond to market signals and the importance of boundaries in shaping investor behavior. They discuss the challenges faced by trend followers in the current market environment, particularly in October, where many strategies have encountered difficulties. The conversation touches on significant topics such as risk management, diversification, and the role of outliers in financial markets, emphasizing that these seemingly anomalous events are actually a natural part of the market's fabric. With insights drawn from recent literature, including works by John Holland and Jeffrey West, the episode highlights the necessity of adapting to evolving market signals and the dynamic interplay between agents within these complex systems.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder Tool-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Rich on Twitter.Episode TimeStamps:00:40 - Our thoughts go to Florida03:39 - A rough time for trend following08:39 - Industry performance update12:14 - Q1, Shahar: Regarding using long only trend following as an overlay to broad market ETFs23:38 - Applying Warren Buffett's philosophy to trend following32:33 - Setting limits in your trade following strategy40:47 - What complex adaptive system can teach us about trend following01:06:22 - What is up for next week?Copyright © 2024 – CMC AG – All Rights...

Tid er penger har hatt gleden av å få snakke med forvalter og podcaster Niels Kaastrup-Larsen i en time. Han forvalter eget fond og har hatt fenomenal avkastning over lang tid og har et knallår i 2024. Her er det mye å lære om trendfølging.https://www.toptradersunplugged.com/10-reasons-tid-er-pengeDette intervjuet ble første gang publisert i juni i år. Hosted on Acast. See acast.com/privacy for more information.

In this latest edition of Marex Mespresso, Marex's Max Copestake and Richard Buttenshaw discuss the current world of systematic trading and, in particular, trend following with DUNN Capital's Niels Kaastrup-Larsen, who is also the founder of the Top Traders Unplugged podcast. 

Niels is the Managing Director of DUNN Capital (Europe) which has a track record going back over 45 years. He has been in the managed futures business for over 30 years having held management positions in and started multiple CTA firms. He is most widely known for the Top Traders Unplugged podcast. Alan is the Founder and CEO of Archive Capital – a boutique alternative investment research firm. Prior to founding Archive Capital, he was Managing Director and a member of the investment committee at Abbey Capital. In total, he has worked in the financial markets for over 25 years at hedge funds and investment banks as a CIO, hedge fund allocator, macro strategist, and technical analyst. This week's podcast covers the evolution of types of trend-following strategies, the importance of diversification across markets, why trend performed poorly before COVID, and much more.  

Today, Cem Karsan and I reflect on previous conversations with guests on the Global Macro series and how they have developed us as investors. We also discuss the historical framework of the Fed and their role and power in the economy, how 40 years of monetary policy and technological revolution have caused historic inequality and how recessions have been handled throughout history. Additionally, we address the consequences of ultra low interest rates and high inflation and why we might see a loss of credibility in the Fed going forward, the importance of finding an edge in your investment strategy. Lastly, we discuss the strength of the dollar, how investors should position themselves in the wake of a Fourth Turning and much more. ---- ---- 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 Cem on https://twitter.com/jam_croissant (Twitter). Episode TimeStamps: 00:00 - Intro 02:54 - Looking back on previous GM guests and how they impacted our thinking 09:17 - Thoughts on the Fed and a historical perspective 21:11 - How much power and control does the Fed actually have? 31:02 - Low interest rates... a bubble maker? 40:03 - The inverted yield curve...a sign? 49:26 - Using volatility as a guide for equity markets 59:14 - What happens to the dollar? 01:04:13 - What should investors be considering at this point? 01:12:24 - Thanks for listening  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)

Amerikansk økonomi i hopla skaber glæde og forventning i aktieindeksene, men hvor længe fortsætter festen og i så fald hvor? Pernille Enggaard er i studiet med Lars Persson, og med fra Zug er Niels Kaastrup-Larsen, chef for hedgefonden DUNN Capitals europæiske aktiviteter og vært på podcasten TopTradersUnplugged, der sætter scenen for markedet 2021.  See omnystudio.com/listener for privacy information. See omnystudio.com/listener for privacy information.

Wondering what's gonna happen in 2021? Join Pernille Enggaard, host of the number 1 Finance podcast in Denmark, Millionærklubben, as she speaks to Grant Williams of The Grant Williams Podcast, Bruce Sellery from Moolala Money, and Niels Kaastrup-Larsen from Top Traders Unplugged about what they see for this upcoming year in the markets!

Join us for this exclusive pre-released episode as part of Finance Podcast Week. This episode is brought to you by Pernille Enggaard and Niels Kaastrup-Larsen  of the Finance Unplugged podcast. … Today Pernille Enggaard is joined by Trader & Trading Coach Tom Hougaard as well as Founder & Host of TopTradersUnplugged, Niels Kaastrup-Larsen for a fun and engaging conversation to discuss the state of the financial markets as they see it one year after the March 2020 meltdown.  You may be surprised by some of their forecasts and we hope you will find the conversation both inspiring and entertaining. This really is Finance Unplugged! … Finance Podcast Week runs from March 26th-March 28th, 2021 with live-streamed sessions and panels, and brand new, exclusive episodes.  Utilizing Podbean's live streaming platform, we're offering you the opportunity to join the conversation and be part of the experience. Finance Podcast Week is brought to you by Podbean and brings you expertise and insight on podcast topics ranging from personal finance, budgeting, real estate, cryptocurrency, investing for millennials, the GameStop short, and more!  Follow the Finance Podcast Week channel here for daily meditations, episode releases and more! For more information and to register to join the live streams in real-time go to www.podcastweek.live.finance    The content of Finance Podcast Week is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our site and podcast constitute a solicitation, recommendation, endorsement, or offer by Podbean or any third party service providers to buy or sell any securities or other financial instruments.

On today’s show, we have a veteran of the finance industry, Mr. Niels Kaastrup-Larsen. We discuss how simulations of trend following work together with an equities portfolio, and how models built on historical data perform in a year with a pandemic that we have never seen before.Niels has been part of the hedge fund industry for more than 25 years. Throughout that period of time, he's implemented a trend-following approach to investing. IN THIS EPISODE, YOU'LL LEARN:Why trend following has a place in any diversified portfolio? How rule-based strategies work in a market when you don’t have historical data If trend following can give you returns not affected by the low-interest-rate environment How to best measure risk and returnBOOKS AND RESOURCESPreston and Stig’s interview with Niels Kaastrup-Larsen about Trend FollowingNiels Kaastrup-Larsen’s free guide and free book about trend followingListen to Niels Kaastrup-Larsen’s popular podcast, Top Traders UnpluggedNiels Kaastrup-Larsen’s interview episode with Preston about the failure of the dollarHow much Dunn Capital has outperformed the S&P500 since 1974Check out our top picks for the Best Investing Podcasts in 2020Browse through all our episodes (complete with transcripts) hereSupport our free podcast by supporting our sponsorsGET IN TOUCH WITH STIG AND PRESTONStig: Twitter | LinkedInPreston: Twitter | LinkedInHELP US OUT!What do you love about our podcast? Here’s our guide on how you can leave a rating and review for the show. We always enjoy reading your comments and feedback!

"No matter what happens, food and land is the immovable constant in our lives." - Artem Milinchuk (Tweet) Artem Milinchuk is the CEO and Founder of FarmTogether, a firm specializing in farmland investments. Artem was born in the waning days of the Soviet Union, and while growing up in Russia, saw the importance of access to fresh food for a society. Artem joins us today to talk about his investment journey and why he feels that having farmland as an asset class in your investment portfolio can be one of the smartest investment moves you can make. Thanks for listening and please welcome our guest Artem Milinchuk. Subscribe on: In This Episode, You'll Learn: How the transition from the Soviet Union to Russia influenced Artem's investment strategies What exactly constitutes farmland as an asset class How investing in farmland has changed over the past 40 years How farmland investments help multigenerational families keep their farms What is the main driver for investors to move into farmland Why investors include farmland in their portfolios as an inflation-proof asset How reliable is farmland investment data "Seventy percent of farmland is going to change hands in the next 20 years." - Artem Milinchuk (Tweet) What effect will climate change have on farmland investments How secure are government farm subsidies The effect 5G will have on farming and farmland investing What are the risks to consider when investing in farmland What is FarmTogether's farmland investment process How should an investor go about incorporating farmland into their portfolio How much does an investor need in order to purchase a farm What types of investors seek out farmland What are the key questions potential investors should be asking before investing in farmland Connect with FarmTogether: Visit the Website: FarmTogether.com Call FarmTogether: +1 415-876-5587 E-Mail FarmTogether: info@farmtogether.com Follow Artem on LinkedIn   "This is an asset class that belongs in everyone's portfolios." - Artem Milinchuk (Tweet) Subscribe on: Full Transcript The following is a full detailed transcript of this conversion. Click here to subscribe to our mailing list, and get full access to our library of downloadable eBook transcripts! Artem: You know, we all need food: whether it's a recession; whether it's COVID; whether it's the 2008 Financial Crisis, people need to eat. So, during those periods farming has actually done tremendously well. Intro: Imagine spending an hour with the world's greatest traders, imaging learning from their experiences, their successes, and their failures. Imagine no more, welcome to Top Traders Unplugged, the place where you can learn from the best hedge fund managers in the world so you can take your manager due diligence or investment career to the next level. Before we begin today’s conversation remember to keep two things in mind: all the discussion that we’ll have about investment performance is about the past, and past performance does not guarantee or even infer anything about future performance. Also understand that there’s a significant risk of financial loss with all investment strategies and you need to request and understand the specific risks, from the investment manager, about their products before you make investment decisions. Here’s your host, veteran hedge fund manager Niels Kaastrup-Larsen. Niels: Hey everyone and welcome to another edition of Top Traders Unplugged where today I'm joined by Artem Milinchock, who is the founder and CEO of FarmTogether. Today we are continuing our journey into the world of alternative investments. First off, Artem, thanks so much for coming on the podcast. I'm excited for you to be here. Artem: Thank you, Niels, I am excited to talk with you. Niels: Absolutely, now, what's really exciting for me about our conversation is that it's a new asset class for me and, I think, for many of our listeners as well.

"You have this asset class which has been around for hundreds of years, but up until recently I think people haven't fully appreciated the characteristics." - Scott Lynn (Tweet) Scott Lynn is the Founder and CEO of Masterworks. He began his career as a serial entrepreneur, starting tech companies focused on casual gaming, online advertising and financial technology. All along the way he collected art, and after seeing the data available in the last twenty years thanks to the Internet, Scott decided to pursue art as an investment. Art as an asset class has been around for hundreds of years, but only recently has been seen as a viable investment opportunity - made possible by Masterworks. Listen in on today's episode to find out why art is becoming more popular as an asset class among investors, what the key macro drivers are for art, and how Masterworks is making art an accessible investment opportunity. Thanks for listening and please welcome our guest Scott Lynn. Subscribe on: In This Episode, You'll Learn: How the art market is different today than it was twenty five years ago How old art is as an asset class How analyzing art is different from analyzing other asset classes When did art as an asset class begin to be studied How art returns are related to the growth of the top 1% "There's so much opportunity in the art market compared to other asset classes." - Scott Lynn (Tweet) How art prices are driven by a decreasing supply of new works How should an art collector think about risk What is a bad environment for art investment How Masterworks invests in art What is a standard commission when buying a piece of art What are the trends among art investors Connect with Masterworks: Visit the Website: Masterworks Call Masterworks: +1 203-518-5172 E-Mail Masterworks: support@masterworks.io Follow Scott Lynn on LinkedIn   "The thing that amazes me about the art market is how it's still very much in its infancy." - Scott Lynn (Tweet) Subscribe on: Full Transcript The following is a full detailed transcript of this conversion. Click here to subscribe to our mailing list, and get full access to our library of downloadable eBook transcripts! Scott You think about the art market, art as an asset class is 1.7 trillion dollars. That's a number that's published by Deloitte and has been (more or less) confirmed by Sotheby's. Last year 68 billion dollars in art sold, so think it as a couple of percent turnover every year. Compare that to venture and private equity, which is 3.5 trillion dollars. There are six thousand firms that operate in venture, private equity, late-stage buyout, whatever, that help people allocate to the asset class. In the art market, there is nobody. Introduction Imagine spending an hour with the world's greatest traders, imaging learning from their experiences, their successes, and their failures. Imagine no more, welcome to Top Traders Unplugged, the place where you can learn from the best hedge fund managers in the world so you can take your manager due diligence or investment career to the next level. Before we begin today’s conversation remember to keep two things in mind: all the discussion that we’ll have about investment performance is about the past, and past performance does not guarantee or even infer anything about future performance. Also understand that there’s a significant risk of financial loss with all investment strategies and you need to request and understand the specific risks, from the investment manager, about their products before you make investment decisions. Here’s your host, veteran hedge fund manager Niels Kaastrup-Larsen. Niels Hey everyone and welcome to another edition of Top Traders Unplugged where today I'm joined by Scott Lynn, who is the founder and CEO of Masterworks. Today we are really going to talk alternative investments. So, first off, Scott, thanks so much for coming on the podcast. I'm excited about our conversation today because it's a new asset class for me...

In this episode, you'll learn:· Why should you have trend following in a diversified portfolio? · Why trend following and value investing complement each other well· How to follow a rule-based strategy and when you should change your rules· Why the best trend following sector is commodities · Why trend following is interesting at this point in time of the interest rate cycleBOOKS AND RESOURCES MENTIONED IN THIS EPISODENiels Kaastrup-Larsen's free guide and free book about trend followingListen to Niels Kaastrup-Larsen’s popular podcast, Top Traders UnpluggedNiels Kaastrup-Larsen’s interview episode with Preston about the failure of the dollarHow much Dunn Capital has outperformed the S&P500 since 1974 CME group white paper Lintner Revisited

Niels Kaastrup-Larsen is the managing director of DUNN Capital (Europe) and heads up the business development in Europe and Asia. Niels has been in the managed futures business since 1990. Holding management positions at several leading commodity trader advisors and has helped investors place more than $2 billion in trend following strategies. Niels is the founder and host of the world's leading podcast within quant-based investment strategies, Top Traders Unplugged as well as the host of CME Group Managed Futures Podcast.   “I certainly had to realize that to overcome emotions in the investment world and be rational and critical and to preserve those kinds of thinking. Then becoming a quant or a rules-based investor was the way to go to automate things. So you’ll know exactly what you want to do and have a plan.” Niels Kaastrup-Larsen   Worst investment ever Doing what he was trained to do When Niels started as a young trader, his job was partly to provide liquidity to the clients of the bank he was working for. He would inherently be speculating during the day or even during the week by holding positions in bonds that his bank was making markets in. And so, the mantra that many people know as buying low and selling high was really what he was trained to do, but on a discretionary basis. The fear of the unknown When there were big changes, Niels found out very quickly how difficult it was to figure out where the low was because the low may be very different in reality to what he thought. So, because of not knowing what he did not know, he certainly had quite a few very painful days during that time. The power of momentum What he did not know at the time when he was just a young trader was the power of momentum and how important it is to follow the overall trend in the market, not trying to go against the market trend. Lesson learned Do not listen to your gut feeling Our gut feeling is more of a warning system to keep us safe. But cannot be used as a guide or measure for making financial decisions. Do not be guided by your emotions These emotions would sometimes lead us doing the opposite of what we should. We end up becoming more risk-seeking towards the end of a bull market and be very conservative just before the bear market is coming to an end. So we end up being guided by emotions, which are complete disasters when it comes to making financial decisions. Actionable advice Be open-minded and trust the evidence. Do proper research. Niels has advised watching some Ray Dalio videos. No. 1 goal for the next 12 months Niels’s focus will be continued education, helping investors build safer and better performing portfolios through his work at DUNN Capital and his podcast, Top Traders Unplugged. Parting words   “We should all remain students of life and keep expanding our knowledge.” Niels Kaastrup-Larsen   Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr. Deming’s 14 Points Andrew’s online programs Valuation Master Class Women Building Wealth The Build Your Wealth Membership Group Become a Great Presenter and Increase Your Influence Transform Your Business with Dr. Deming’s 14 Points Connect with Niels Kaastrup-Larsen LinkedIn Facebook Twitter Podcast Website Connect with Andrew Stotz astotz.com LinkedIn Facebook Instagram Twitter YouTube My Worst Investment Ever Podcast  

My guest today is Niels Kaastrup-Larsen, the Managing Director of DUNN Capital (Europe). DUNN Capital (Europe) is a Swiss entity with which DUNN has an exclusive consulting agreement to perform business development for DUNN's programs in Europe. Niels has been in the managed futures business since 1990, holding management positions at several leading CTAs: GNI Fund Management, Chesapeake, Beach Capital and Rho Asset Management, the last two of which he co-founded. He is the founder and host of the podcast Top Traders Unplugged. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Top Traders Unplugged 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!

Niels Kaastrup-Larsen and Michael talk all things trend following today using Niels’ podcast as the starting point for discussion. Niels Kaastrup-Larsen is Managing Director of DUNN Capital (Europe). DUNN Capital (Europe) is a Swiss entity with which DUNN has an exclusive consulting agreement to perform business development for DUNN’s programs in Europe. Niels has been in the managed futures business since 1990, holding management positions at several leading CTAs: GNI Fund Management, Chesapeake, Beach Capital and Rho Asset Management, the last two of which he co-founded. He is the founder and host of the podcast Top Traders Unplugged.

“Emotion overrides cognition pretty dramatically” - Daniel Crosby (Tweet) Welcome to Top Traders Round Table, a podcast series on managed futures brought to you by CME Group. On today's episode, host Niels Kaastrup-Larsen continues his conversation with Dr. Daniel Crosby, Chief Behavior Officer of Brinker Capital, and the host of The Standard Deviation Podcast. Niels and Daniel discuss how emotion affects investment decision-making, the problem with financial media, and what investors can do to correct their bad investment behavior. Subscribe on: In This Episode, You'll Learn: The key points of dealing with emotion as an investor Why rules are better than goals Daniel’s Four “C”s of investing The importance of rule-following for investment managers What is the role of clarity in investing “More than anything, overcoming emotion is just about automating.” - Daniel Crosby (Tweet) Why an overabundance of data can be detrimental to decision-making The role of courageousness in investments Why process over outcome is important Why volatility is not the same as risk This episode was sponsored by:     Connect with our guests: Learn more about Daniel Crosby and Brinker Capital “There has never been a better time in the history of the world to be an investor.” - Daniel Crosby (Tweet)

The tables have turned! In this episode, Niels Kaastrup-Larsen becomes the first featured guest on Erik Townsend's newest podcast - MacroVoices Spotlight! In this epsiode, Niels and Erik discuss Trend Following, the history of the Turtle Traders, Benefits of de-correlation and conditional correlation, how CTAs have been performing, and much more. Erik Townsend is a software entrepreneur turned successful hedge fund manage who currently hosts the MacroVoices podcast. If you enjoyed this episode, you can visit macrovoices.com to find many more episodes on the topic of investing. Subscribe on:

“If we can follow just a couple of simple rules, we can overcome the behavioral errors which are the plague of so many investors.” - Daniel Crosby (Tweet) Welcome to Top Traders Round Table, a podcast series on managed futures brought to you by CME Group. On today's episode, host Niels Kaastrup-Larsen speaks with Dr. Daniel Crosby, Chief Behavior Officer of Brinker Capital, and the host of The Standard Deviation Podcast. Dr. Crosby came to investment management through clinical psychology and therefore has a unique perspective on behavioral economics. The discussion ranges from how human behavior is evolutionarily ill-equipped for investment management, the importance of having rules for investing during turbulent times, and what investors can do to modify their behavior for success. Subscribe on: In This Episode, You'll Learn: What makes Daniel’s background rare in investment management How the eradication of Guinea Worm is relevant to investing behavior Why the evolution of human behavior is antithetical to investing How being a quantitative investor is beneficial to overcoming bad behavioral economics “Knowledge does very little to change human behavior.” - Daniel Crosby (Tweet) The correlation between activity and success in the markets What are the building blocks of behavioral finance Why “I don’t know” is the most under-appreciated phrase in investing The role of conservatism in behavioral economics This episode was sponsored by:     Connect with our guests: Learn more about Daniel Crosby and Brinker Capital “I never know what’s going to happen. But I am a market historian and I know what’s happened previously, and I feel I can tilt probability in my favor by operating within those parameters.” - Daniel Crosby (Tweet)

In the inaugural episode of MacroVoices Spotlight, Niels Kaastrup-Larsen explains why Trend Following has been the most successful long-term algorithmic trading strategy.Link: http://bit.ly/2lZOFEM

"There's a lot more data in some ways, but there is also a lot less interesting information that is differentiated." - Jake Barton (Tweet) Welcome to Top Traders Round Table, a podcast series on managed futures brought to you by CME Group and the Managed Funds Association, where host Niels Kaastrup-Larsen continues his conversation with Jake Barton, the Senior Portfolio Manager at Promus Capital, Trent Webster, Senior Investment Officer of Strategic Investments at Florida State Board of Administration, and Steven Wilson, Senior Portfolio Manager at Teacher Retirement System of Texas, which took place at the MFA's Network 2019 conference in Miami. Listen in to learn when our guests use investment theory versus data, new standards for management fees, and what our guests look for in maintaining a reliable team for their investors. Subscribe on: In This Episode, You'll Learn: When to use investment theory versus data, and how you know when you have chosen correctly How the guests review their managers and analyze their results What organizations of different sizes can do to prepare for a crisis "In the end, I'll make anyone a deal: I will always admit you're right if I can have the money." - Trent Webster (Tweet) How Steven sees the new fee structure for hedge funds, that TRS helped develop, as more reasonable than the standard 2&20 How a race to the bottom for management fees can remove much of the creative energy from the alternative manager space What excites Trent about the BBB section of the investment grade bond market "It's almost unbelievable that it's 2019 and people are still paying performance fees on beta. How did that happen?" - Steven Wilson (Tweet) What is new and upcoming in the hedge fund space The reading that our guests never miss inside and outside of the investment space This episode was sponsored by CME Group and Managed Funds Association: Connect with our guests: Learn more about Jake Barton and Promus Holdings Learn more about Trent Webster and State Board of Administration of Florida Learn more about Steven Wilson and Teacher Retirement System of Texas "Data will always challenge the theory. No theory works if it's wrong financially. You can have the greatest theory in the world and if you just keep losing money for clients, you have to throw in the towel or the money will all disappear." - Jake Barton (Tweet)

"Being a mid-twenties analyst during the 2008 financial crisis was a very eye opening experience, and it showed me the importance of being methodical and critical, and not quick to make decisions whenever you're faced with adversity in investing." - Steven Wilson (Tweet) Welcome to Top Traders Round Table, a podcast series on managed futures brought to you by CME Group and the Managed Fund Association. On today's episode, which took place at the MFA's Network 2019 conference in Miami, Niels Kaastrup-Larsen speaks with Jake Barton, the Senior Portfolio Manager at Promus Capital, Trent Webster, Senior Investment Officer of Strategic Investments at Florida State Board of Administration, and Steven Wilson, Senior Portfolio Manager at Teacher Retirement System of Texas. As managers of the investment of pensions and alternative portfolios, our guests today get in depth on how they use trend following to improve their client's capital, from interpersonal strategies in choosing a portfolio, how the funding status of a pension can affect a board's strategy, and what guides them in making the choices they do for their holdings. Subscribe on: In This Episode, You'll Learn: How the guests got their start in investing Trent's philosophy for choosing his investments What Jake looks for when working with managers "There is a pension crisis coming in this country, probably sometime in the next decade or so, and there's going to have to be some hard decisions made." - Trent Webster (Tweet) The core beliefs and principles that drive each of the guest's decisions How the funding level of the pension fund can change investment decisions The varying degrees of differentiation and how it changes with the markets "That's something we spent quite a bit of time on, is 'what is our philosophy?' and 'how do we want to be good stewards of the capital our clients trust us with?'." - Jake Barton (Tweet) Why our guests are firmly committed to trend following even after a few years of lower returns Why convincing boards to invest in a hedge fund can be so difficult This episode was sponsored by CME Group and Managed Funds Association: Connect with our guests: Learn more about Jake Barton and Promus Holdings Learn more about Trent Webster and State Board of Administration of Florida Learn more about Steven Wilson and Teacher Retirement System of Texas "It takes us a while to maneuver, but when asset markets come down, we've started to look through the valley and start planning what we want to do into the bear market." - Trent Webster (Tweet)

"If someone wants a better return, they have no choice but to take additional risk, no matter how they feel about risk or how risk averse they may be." - Sol Waksman (Tweet) Welcome to Top Traders Round Table, a podcast series on managed futures brought to you by CME Group, where host Niels Kaastrup-Larsen continues his conversation with Andrew Lo, the Charles E. and Susan T. Harris Professor at the MIT Sloan School of Management, and Sol Waksman, the Founder and President of BarclayHedge, Ltd. Listen in to learn the effects of politics in the financial markets and how trend following fits in, the state of cryptocurrency in the current market, and the advice our guests have for investors and their future. Subscribe on: In This Episode, You'll Learn: Why relatively so few investors have added managed futures and trend following to their portfolio, despite all the evidence The lessons different groups of people can still learn from the economic crisis of 2008 How political uncertainty affects where investors put their money "[Many of these finance] technologies are now creating new sub-industries. Who would have thought that cryptocurrencies would be a separate asset class, but it seems like it's emerging as such." - Andrew Lo (Tweet) What Sol sees as the constant lesson we should be learning from these periodic economic events Why investors have a hard time grasping the advantages of the liquidity that trend following brings to investments The present and future impact of artificial intelligence on the finance industry "What have we learned from this last stock market crash? I think we keep learning the same lesson, and that lesson is that when liquidity dries up, all correlations go to 1." - Sol Waksman (Tweet) Why Andrew believes the centralization to one cryptocurrency is inevitable The advice Andrew and Sol have for investors to prepare for the future This episode was sponsored by CME Group: Connect with our guests: Learn more about Andrew Lo and MIT Sloan School of Management Learn more about Sol Waksman and BarclayHedge, Ltd. "I think there were a lot of lessons that were offered by the financial crisis, but the real question is who actually took those lessons to heart." - Andrew Lo (Tweet)

"I was going through one of those inevitable losing streaks [early in my career] and I had a fundamental question. Does anyone make money trading the futures markets, or is it all a casino set up for the benefit of the exchanges?" - Sol Waksman (Tweet) Welcome to Top Traders Round Table, a podcast series on managed futures brought to you by CME Group. On today's episode, host Niels Kaastrup-Larsen speaks with Andrew Lo, the Charles E. and Susan T. Harris Professor at the MIT Sloan School of Management, and Sol Waksman, the Founder and President of BarclayHedge, Ltd. Our guests today have many years of experience in the world of  investing and have watched the finance industry as it has gone through it's many changes. Listen in to learn the historical importance of separating the alpha from the beta, the increase of the volatility of volatility since 2007, and common misconceptions about diversification in a portfolio. Subscribe on: In This Episode, You'll Learn: How our guests got their starts in finance Why Andrew thinks that sometimes things need to be believed to be seen Why separating the alpha from the beta has been revolutionary for the entire financial industry "Markets are efficient most of the time. Every once in a while, human behavior ultimately overwhelms the kind of rational deliberation that efficient markets are based on, and we do see periods of fear and greed that ultimately take over. But it's not one or the other, it's both." - Andrew Lo (Tweet) How the narrative of finance and investing has changed over time in the futures industry The increase in the volatility of volatility over the last decade and what that means for managed futures "I think that for the most part, investors misrepresent what they want." - Sol Waksman (Tweet) How the abundance of passive investing tools has changed the investor's experience during market changes What investors are looking for in their tools and strategies What alternative strategies are investors looking at now "The one lesson we learn from academics throughout the whole process of passive investing is that diversification is really key." - Andrew Lo (Tweet) The experiment Andrew does with his audiences he speaks to on their investment preferences What investors need to understand about diversification and risk This episode was sponsored by CME Group: Connect with our guests: Learn more about Andrew Lo and MIT Sloan School of Management Learn more about Sol Waksman and BarclayHedge, Ltd. "A stock index has no relevance to the performance of a CTA, but if you calculate alpha by regressing against the stock index, you have a number that is absolutely meaningless." - Sol Waksman (Tweet)

SHOW NOTES: Tim F Price @timfprice of www.pricevaluepartners.com & Paul Rodriguez @prodr1guez of Thinktrading.com join Niels Kaastrup-Larsen of www.toptradersunplugged.com (niels@toptradersunplugged.com) Message from Niels: "It was really nice chatting about trend following this morning. Here are 2 free resources for your listeners: This link will take them to the start page of my podcast where there is a banner for the free guide to all the trading books I mentioned https://www.toptradersunplugged.com/start/ and this link will give your listeners free access to a book I recently published on Trend Following (there is another book people can buy for $7 on the start page, but this is different): www.toptradersunplugged.com/book" Tim's media links: Guardian piece: https://www.theguardian.com/news/2018... Trend following website: https://www.trendfollowing.com/ Paul's media link: Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts by David Gerard Link: http://amzn.eu/d/7SjjyRG --- Send in a voice message: https://anchor.fm/stateofthemarkets/message

  “As an industry, I think we tend to overcomplicate what trend following really is.” - Niels Kaastrup-Larsen (Tweet) We're changing things up on today's episode of the podcast: we have with us Frank Conway from the Economic Rockstar Podcast interviewing Niels about trend following strategies, asset allocation, and more. Listen in to find out what changes need to be made in the trend following space, the importance and benefits of your asset allocation when it comes to your investments, and new publications that can take you farther in mastering trend following and managed futures. Subscribe on: In This Episode, You'll Learn: Why Niels has worked hard to keep his explanation of trend following as simple as possible Why at the end of the day, all investors are trend followers What really sets one trend follower apart from another “People overestimate ideas and underestimate execution.” - Niels Kaastrup-Larsen (Tweet) How trend following techniques have evolved over time What traits Niels sees in the company he works with as most important in their 40+ year success The challenges and difficulties of trend following Why trying to do it yourself in trend following can hurt rather than help Why successfully executing a trend following strategy is not something that Niels believes everybody can or should do “Very often, the seduction of safety is often more dangerous than the perception of one's certainty, and I think people need to be aware of that when they decide on their investment strategies.” - Niels Kaastrup-Larsen (Tweet) Why despite their successes, many trend followers feel an embarrassment in showing their track records How the right asset allocation can build safer and better performing portfolios Why it's important to have "skin in the game" as an investment manager The importance of COI versus ROI What Niels thinks of cryptocurrencies and how it relates to trend following “You don't need to be perfect to get started with trend following; you really just need to get started.” - Niels Kaastrup-Larsen (Tweet) Why DUNN Capital trades the VIX and its importance in their portfolio What inspired Niels to write his recent books on trend following and managed futures The purpose behind Niels outreach, whether it's podcasts, books, newsletters, or anything else What Niels hopes people will get out of his books Connect with our guest: Learn more about Niels Kaastrup-Larsen and DUNN Capital Download your own FREE copy of Niels' new book with Hari Krishnan, "The Many Flavors of Trend Following" Find out more about Niels' new publication with Katy Kaminski, "How To Master Managed Futures" “I truly believe [trend following] is the most dependable and consistent investment strategy.” - Niels Kaastrup-Larsen (Tweet)

Niels Kaastrup-Larsen is Managing Director (Europe) of Dunn Capital. He is the founder and host of the podcast Top Traders Unplugged and also hosts the CME Group's podcast Managed Futures. Check out all the links, books and resources mentioned in this episode at www.economicrockstar.com/niels2 Check out www.patreon.com/economicrockstar for ways in which you can help support the podcast

Today we talk about an investing strategy called Trend Following.  Our guest Niels Kaastrup-Larsen guides us through what a beginner needs to know about investing using trend following as your strategy.   Topics Covered What is trend following and how Read more › The post MTI034: Trend Following with Niels Kaastrup-Larsen appeared first on Money Tree Investing Podcast.

Niels Kaastrup-Larsen is Managing Director of Dunn Capital (Europe). He  is a trend follower with more than 20 years experience in the hedge fund industry, working for some of the largest CTAs or Commodity Trading Advisors in the world, including Chesapeake Capital. Niels co-founded, built and managed three businesses within the alternative investment space, including Rho Asset Management. Niels trades futures markets in a systematic and highly-automated way. He is the founder and host of the popular podcast 'Top Traders Unplugged', where he uses his experience and contacts in the industry to deliver insightful, engaging and passionate interviews with the most successful hedge fund managers and traders.   Economic and Finance Themes: In this interview, Niels mentions and discusses: Trend following, futures markets, gold, anomalies, confirmation bias, efficient market hypothesis, fixed-income securities, treasuries, bonds, the Great Depression, stock market portfolio, diversification, equities, systematic trading, stop-losses, technical analysis. Find out: about trend following and how to spot a trend. what is a trend following strategy. two ways in which we can take on market risk - one good and the other not so good. how emotions can lead to losses. why trend followers use computers with built-in trend following rules to make trades. why we are more likely to buy a bar of soap that is reduced by 50% in a retail store than buy a stock that has fallen 50%. how you should diversify a portfolio. why Niels believes that global markets will be in turmoil within the next 5 years. why Niels believes the economic cycle will turn by October 2015. why events will unfold just like 1929. if the Swiss and Germans should take back their gold reserves from the United States. about whether there are job opportunities in the trading industry today. and much more.  You can find all the links and book recommendations by Niels at www.economicrockstar/niels Support the show by subscribing to the podcast or by becoming a patron of Economic Rockstar at www.patreon.com/economicrockstar. 

Niels is Swiss-based dad, husband, entrepreneur and hedge fund manager turned podcaster. His podcast TopTradersUnplugged.com is the leading podcast within the hedge fund industry. Niels divides his professionally time between, his hedge fund, his podcast and his family’s charity kidsheart.org.   Niels wants to revolutionize the hedge fund industry as well as the way schools are equipped to handle cardiac arrests and other heart related emergencies following his own son’s cardiac arrest in 2011.