SI367: Portfolio Design in a Distorted World ft. Andrew Beer

SI367: Portfolio Design in a Distorted World ft. Andrew Beer

Equities are up more than 50% since the April lows, yet the world feels anything but stable. In this episode, Niels Kaastrup-Larsen and Andrew Beer examine the widening disconnect between market behavior and the backdrop it’s unfolding against. From drone incursions over Denmark to political fragmentation and a rising tolerance for systemic risk, they explore why nothing seems to break - and what that complacency might be masking. Along the way, they unpack Bouchard’s inelastic market hypothesis, CalPERS’ pivot toward Total Portfolio thinking, and the structural trade-offs inside multi-strat hedge funds. It's a conversation about signals in the noise - and the quiet shifts that could reshape the landscape.

-----

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 Portfoliohere.

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 Andrew on Twitter.

Episode TimeStamps:

01:04 - What has caught our attention recently?

05:38 - The tension between talents

11:08 - Is the popularity of certain alternative strategies just a sign of the times?

22:07 - Industry performance update

27:46 - Q1, Michael: Why shouldn't I sell Andrew's product when it's outperforming single managers and vise versa?

30:15 - The evolution of replication strategy performance

37:44 - The storytelling behind hedge fund losses

41:04 - Do all markets have the ability to trend?

48:57 - The rise of multi strategy hedge funds

57:47 - It shouldn't work but it does, so why?

01:04:27 - A reminder for Andrew's generous book offer

Copyright © 2025 – CMC...

Episoder(901)

GM91: Inside China’s Growth Dilemma ft. George Magnus

GM91: Inside China’s Growth Dilemma ft. George Magnus

China’s ascent tells two stories. One of power, precision, and industrial brilliance - the other of imbalance, aging, and constraint. In this episode, Alan Dunne and George Magnus trace the hidden geo...

12 Nov 20251h

SI373: Why Trend Thrives When Inflation Returns ft. Yoav Git

SI373: Why Trend Thrives When Inflation Returns ft. Yoav Git

What if markets move not by logic, but by pressure? In this conversation, Alan Dunne and Yoav Git trace the invisible currents behind price formation, namely how a single dollar of inflow can lift val...

8 Nov 20251h 2min

GM90: The Quiet Repricing of Reality ft. Adam Rozencwajg & Cem Karsan

GM90: The Quiet Repricing of Reality ft. Adam Rozencwajg & Cem Karsan

Power shifts quietly, until it doesn’t. In this episode, Niels Kaastrup-Larsen and Cem Karsan are joined by Adam Rozencwajg to trace the slow fracture of a system built on leverage, politics, and beli...

5 Nov 20251h 11min

OI19 BONUS: Living With Ed Seykota ft. David Druz

OI19 BONUS: Living With Ed Seykota ft. David Druz

Dave Druz spent six months living with Ed Seykota - not shadowing a trading system, but watching a way of being. In this bonus episode, he shares what that experience revealed: a style built on instin...

3 Nov 202541min

SI372: QIS Unboxed: Rules, Wrappers, and Reality ft. Nick Baltas

SI372: QIS Unboxed: Rules, Wrappers, and Reality ft. Nick Baltas

As equity markets grind higher and trend strategies navigate sharp reversals, Moritz Siebert welcomes Nick Baltas of Goldman Sachs for a conversation that moves beyond performance to examine structure...

1 Nov 202558min

OI19: The Trader Who Never Spoke...Until Now ft. David Druz

OI19: The Trader Who Never Spoke...Until Now ft. David Druz

Dave Druz has never told his story... not like this, not anywhere. For over 40 years, he traded quietly, systematically, and on his own terms. No marketing, no headlines, no need to explain. Until now...

29 Okt 20251h 36min

SI371: Trends Don’t Form Randomly. They Form Reflexively ft. Richard Brennan

SI371: Trends Don’t Form Randomly. They Form Reflexively ft. Richard Brennan

Richard Brennan returns this week to explore how markets truly move - not through randomness or rationality, but through impact, feedback, and memory. What begins with a single trade builds into struc...

25 Okt 20251h 17min

UGO07: The Illusion of Safety: How Markets Became the Economy ft. Keith DeCarlucci, Patrick Kazley & Hari Krishnan

UGO07: The Illusion of Safety: How Markets Became the Economy ft. Keith DeCarlucci, Patrick Kazley & Hari Krishnan

Recorded amid the noise and pulse of the RMC conference in Munich, this episode of U Got Options follows a market learning to see itself anew. Cem Karsan speaks with Keith DeCarlucci on the return of ...

22 Okt 20251h 7min

Populært innen Business og økonomi

stopp-verden
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengepodden-2
pengesnakk
utbytte
livet-pa-veien-med-jan-erik-larssen
finansredaksjonen
morgenkaffen-med-finansavisen
tid-er-penger-en-podcast-med-peter-warren
okonomiamatorene
lederpodden
rss-markedspuls-2
rss-sunn-okonomi
lydartikler-fra-aftenposten
rss-fa-makro
shifter
boligbobla