271: Tom Basso - The Sweet Balance Between Risk and Reward

271: Tom Basso - The Sweet Balance Between Risk and Reward

Experiencing the brutal bear market of 1973-74 impressed upon Tom the necessity to find ways to hedge risk. This began a multi year long quest to find the right combination of uncorrelated assets, technical indicators and adjust the weightings as needed to provide enough protection to fill in the potholes of equity drawdowns while retaining the bulk of upside potential. Having a sweet balance between risk and reward both in the financial markets and in his personal life has enabled Tom to maintain a serene disposition. Tom Basso’s Background: Tom Basso is an American hedge fund manager. He was president and founder of Trendstat Capital Management. He has authored two books, Panic-Proof Investing and the self-published The Frustrated Investor. In 1998, he was elected to the board of the National Futures Association. Basso graduated from Clarkson University in Potsdam, New York in 1974, where he majored in chemical engineering. Prior to his career in trading, Basso worked as an engineer for Monsanto Company. He became a registered investment advisor in 1980 and a registered commodities advisor in 1984. Basso established Trendstat Capital in 1984 and served as its CEO until his retirement. Having retired from active trading in 2003, he now manages his own portfolios and provides guidance to aspiring traders. Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(324)

313 · Doug Colkitt - When Crypto Markets Break: Liquidations, Leverage, and Markets Under Stress

313 · Doug Colkitt - When Crypto Markets Break: Liquidations, Leverage, and Markets Under Stress

In this episode, we examine what actually happens when crypto markets break — how leverage builds beneath the surface, liquidity disappears, and liquidation cascades turn volatility into systemic fail...

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312 · Vincent Bruzzese - Battling Irrational Markets - and the Battle Within

312 · Vincent Bruzzese - Battling Irrational Markets - and the Battle Within

Returning guest Vincent Bruzzese — trader, former statistics professor, poker player, and former Hollywood behavioral analyst — joins Tessa for a candid discussion about navigating one of the most nar...

29 Nov 20251h 28min

311 · Christian Carreon - Patience Inside the Box: The Calm Before the Break

311 · Christian Carreon - Patience Inside the Box: The Calm Before the Break

Christian Carreon returns to Chat With Traders nearly three years after his first appearance, where he shared his remarkable journey through stage-five kidney failure and the discipline it forged in h...

18 Nov 20251h 18min

310 · Dr. Efrat Levy - Fingerprinting the Big Players: Inside the Hidden Order Flow

310 · Dr. Efrat Levy - Fingerprinting the Big Players: Inside the Hidden Order Flow

Dr. Efrat t Levy is a cybersecurity expert with a PhD in Computer Science and AI from Ben-Gurion University—one of Israel’s top tech institutions. After years studying how to detect hackers through si...

30 Okt 20251h 36min

309 · Diego Ivan Cortes Lopez - Winning Through Losing: When 30% Is Enough

309 · Diego Ivan Cortes Lopez - Winning Through Losing: When 30% Is Enough

How a trader from Dallas built consistency—and a simple lifestyle of freedom in Southeast Asia—with a 30% win rate.  Diego Ivan Cortes Lopez grew up chasing perfection on the tennis court, where winni...

21 Okt 20251h 3min

308 · Jack Schwager and Emanuel Balarie - Market Wizards, Measured: Inside the Criteria, Craft, and Grit

308 · Jack Schwager and Emanuel Balarie - Market Wizards, Measured: Inside the Criteria, Craft, and Grit

We’re joined by Jack Schwager—author of the legendary Market Wizards series and co-founder of FundSeeder—along with his partner and fellow co-founder & CEO, Emanuel Balarie. Jack shares what it really...

29 Sep 202557min

307 · Mario Dimitroff - The Gamer’s Edge: High-Win Scalping in Pre-Market Madness

307 · Mario Dimitroff - The Gamer’s Edge: High-Win Scalping in Pre-Market Madness

A former competitive gamer, Mario Dimitroff from Bulgaria got his start on a local trading floor before discovering that the U.S. premarket session best fit his skills. Now trading for a living and do...

15 Sep 20251h 13min

306 · Michael Katz - Prop Goes the Trader

306 · Michael Katz - Prop Goes the Trader

Online funding prop firms have captured the attention of traders in recent years. In this episode, the CEO of Trade The Pool, Michael Katz, joins the podcast to answer key questions and offer perspect...

27 Aug 202555min

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