Top Traders Unplugged10 Helmi 2023

TTU130: Trend Following Solutions ft. Marty Lueck, Co-Founder of Aspect Capital

Today, we are joined by Marty Lueck, Co-Founder of Aspect Capital, for a conversation on their systematic investment process, with a primary focus on research. We discuss why bias is a core element of Aspect Capitals investment philosophy, the essence of trend and why trend strategies work, as well as how they work together with their investors to create the most optimal portfolio for them. We also explore Lueck's analogy of trend as "medicine" and why it is important to give the medicine time to do its work. We continue with topics such as how trend following as a strategy has evolved over time and how they feel about the newest CTA replication products, their reasoning for being cautious about using machine learning and, why they chose not to dwell too much on fees, how they guide their clients when it comes to return expectations and much more.

-----

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.com

And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.

Follow Alan on Twitter.

Learn more about Aspect Capital

Episode Timestamps:

02:57 - Introduction to Aspect Capital

06:54 - Their Investment Philosophy

09:56 - Why does trend strategies work?

13:12 - A less uncertain period

15:44 - Too concerned about the sharpe?

20:38 - Which trends are most popular?

23:01 - Costumization - is there a limit?

28:58 - Staying diversified and improving models

34:33 - The research process

37:29 - A change in models?

40:15 - CTA Replication - good or bad idea?

46:01 - Their perspective on machine learning

49:33 - The risks of trend following

51:45 - Manipulated markets

53:04 - Their perspective on capacity and fees

56:26 - Setting expectations

59:05 - Simple vs. sophisticated

01:00:03 - Trend following disagreements

01:01:34 - Last words

01:04:01 - Thanks for listening

----

PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:

1. eBooks that cover key topics that you need to know about

In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here

2. Daily Trend Barometer and Market Score

One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here

3. Other Resources that can help you

And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here

Disclaimer

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(930)

OI15: Navigating the Commodity Markets with Calculo Capital ft. Ole Hansen & Philip Carlsson

Today, we're diving deep into the world of commodities with Calculo Capital, a short-term quantitative hedge fund based in Denmark. Our guests, Philip Engel Carlsson and Ole Hansen, share their insigh...

23 Huhti 202542min

SI344: Trend Following during Trump Tariff Turmoil ft. Katy Kaminski

In this episode, we explore the current market dynamics and discuss Katy Kaminski's latest research paper on crisis and correction alpha, which provides insights into how CTA strategies are navigating...

19 Huhti 20251h 10min

IL37: Hate the Game? How to Navigate Life's Economic Challenges ft. Daryl Fairweather

Discover how to navigate the complexities of personal and professional decisions through the lens of behavioral economics. Kevin Coldiron speaks with Daryl Fairweather, Chief Economist at Redfin and a...

16 Huhti 202552min

SI343: CTAs: The Unexpected Heroes of Market Crises ft. Yoav Git

Together with Yoav Git, we’ll explore how market conditions are shifting and what that means for investors, especially in light of recent bond market movements. It’s been a wild ride lately, with unex...

12 Huhti 20251h 11min

TTU149: Risk, Return, Repeat: The Portable Alpha Revival ft. Razvan Remsing & Alan Dunne

Today, we’re diving into the world of portable alpha and how it can really shake up your investment game. Alan Dunne and I are chatting with Razvan Remsing from Aspect Capital, who shares that this co...

9 Huhti 20251h 9min

SI342: From Trend Following to Super Determinism ft. Richard Brennan

Together with Richard Brennan, we’ll explore how current market uncertainties are shaping investor sentiment and prompting a massive shift in how we think about financial systems. As we navigate throu...

5 Huhti 20251h 15min

UGO01: Reflexive Markets, Real-Time Risk: The Dawn of the 0DTE Era ft. Mike Green

In the premiere of U Got Options, Cem Karsan is joined by Mike Green for an unfiltered, high-conviction conversation straight from the floor of the CBOE. Together, they dive deep into the explosive gr...

2 Huhti 20251h 4min

SI341: Nothing Good Happens Below the 200-Day Moving Average ft. Mark Rzepczynski

Alan Dunne and Mark Rzepczynski tackle the current market vibes, focusing on how factors like the 200-day moving average can shift market sentiment and affect portfolio strategies. As they navigate th...

29 Maalis 20251h 1min