SI368: Valuation Has Left the Room ft. Cem Karsan & Alan Dunne

SI368: Valuation Has Left the Room ft. Cem Karsan & Alan Dunne

Cem Karsan joins Alan Dunne to chart a market running on more than just momentum. Beneath the surface: a structural liquidity engine, political incentives aligned with asset reflation, and a surge in non-correlated flows reshaping risk itself. As institutions scramble to catch up and volatility begins to rise with price, Cem draws on lessons from the late 90s to explain why the real story is not about valuation - but positioning. From AI’s misunderstood impact to the growing role of options, gold, and crypto, this is a portrait of a regime defined not by fundamentals, but by reflex and constraint.

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Episode TimeStamps:

00:23 - What has been on our radar recently?

02:00 - Industry performance update

03:07 - Are current valuations a sign of a bubble?

12:13 - The importance of reflexivity

18:59 - The move towards non correlation is upon us

22:55 - What is driving up asset prices?

26:34 - When will the supply/demand imbalance normalize?

31:56 - Reaching an uncontrollable situation

35:47 - What are markets showing us about options?

39:38 - Precious metals is the place to be

42:26 - Is AI actually the game changer that we all expect it to be?

52:07 - Will better technology = better performance?

56:03 - A timeline for possible

Jaksot(901)

IL12: How to Invest ft. David Rubenstein

IL12: How to Invest ft. David Rubenstein

Today, Kevin Coldiron is joined by the legendary David Rubenstein, Co-Founder and Co-Chairman of the Carlyle Group, philanthropist, historian and more, for a conversation on what we can learn from his...

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TTU125: Trend Following vs Short Term ft. Michael Pomada, President & CEO at Crabel Capital Management

TTU125: Trend Following vs Short Term ft. Michael Pomada, President & CEO at Crabel Capital Management

Today, we are joined by President and CEO of Crabel Capital Management, Michael Pomada, for a talk on their approach to trend following as well as short-term strategies. We discuss the trading philoso...

23 Tammi 20231h 21min

SI227: Trend Following in an Uncertain World ft. Richard Brennan

SI227: Trend Following in an Uncertain World ft. Richard Brennan

Richard Brennan joins us for a weekly conversation on Trend Following, where we reflect on the new TopTradersUnplugged mini series and how the beginning of 2023 has been so far. We also take questions...

21 Tammi 20231h 25min

TTU124: Trend Following with a Twist ft. Harold de Boer, Managing Director at Transtrend

TTU124: Trend Following with a Twist ft. Harold de Boer, Managing Director at Transtrend

Today, we are joined by Harold de Boer, Head of R&D and Managing Director at Transtrend, for a conversation on their unique approach to trend following. We discuss the investment philosophy at Transtr...

20 Tammi 20231h 13min

GM32: Commodity Super Cycle in Full Force ft. Jeff Currie

GM32: Commodity Super Cycle in Full Force ft. Jeff Currie

In this episode, Cem and Niels are joined by Jeff Currie, Head of Commodities Research at Goldman Sachs, for a conversation on the shifts in global natural resources that we are witnessing right now. ...

18 Tammi 20231h 3min

TTU123: Trend Following Master Class ft. Russell Korgaonkar, CIO at Man AHL

TTU123: Trend Following Master Class ft. Russell Korgaonkar, CIO at Man AHL

In this first episode of the new mini series with the largest and most successful trend followers in the world, we are joined by Russell Korgaonkar, CIO at Man AHL, for a conversation on how Man AHL u...

16 Tammi 20231h 7min

SI226: Trend Following - the Do's & the Dont's ft. Rob Carver

SI226: Trend Following - the Do's & the Dont's ft. Rob Carver

Today, Rob Carver returns to the show for the first weekly trend following conversation in 2023, where we discuss the unusual situation with the vol market and how to use stops and moving average cros...

15 Tammi 20231h 6min

IL11: How China Derailed Its Peaceful Rise ft. Susan Shirk

IL11: How China Derailed Its Peaceful Rise ft. Susan Shirk

Today, Susan Shirk, Professor and expert in the US/China relationship and Chinese politics, joins us for a conversation on China’s rise to power, based on her new book, “Overreach: How China Derailed ...

11 Tammi 20231h 2min

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