69 min listen
Ep. 238: Larry Hite & Alex Greyserman Interview with Michael Covel on Trend Following Radio
Ep. 238: Larry Hite & Alex Greyserman Interview with Michael Covel on Trend Following Radio
ratings:
Length:
48 minutes
Released:
May 12, 2014
Format:
Podcast episode
Description
Michael Covel speaks with Larry Hite and Alex Greyserman today on the podcast. Hite is a hedge fund manager and is one of the forefathers of system trading. He was famously featured in the Market Wizards book. A few years ago he started ISAM with Stanley Fink. Greyserman has 25 years of experience in the CTA industry, and was originally hired by Larry Hite at Mint. Greyserman is Chief Scientist at ISAM (PhD in Statistics). He is also a professor at Columbia University. Covel, Hite, and Greyserman discuss Singapore, and Covel’s recent excursions in Asia; how the game has stayed the same despite zero interest rate policy; what people are missing when they say “trend following is dead”; how you’ll never get perfection; their 800 year study, the premise, and what was found out; measuring human nature; the difference between divergent and convergent strategies; risk management; having “perfect” knowledge; using long trends and getting whipsawed in shorter trends; the asset class of trend following compared to the NASDAQ buy and hold, etc.; what’s changed about human nature through all the booms and busts; insurance, hedging your risk, and the risk transference process; asymmetrical leverage; adjusting to new environments; how those that survive are the most adaptable to the environment; and how trend following automatically adjusts to what’s happening. More: www.isam.com. Want a free trend following DVD? Go to trendfollowing.com/win.
Released:
May 12, 2014
Format:
Podcast episode
Titles in the series (100)
Ep. 5: Nick Radge Interview with Michael Covel on Trend Following Radio: Michael talks to Nick Radge (www.thechartist.com.au) author of the new book, "Unholy Grails". Nick has been trading and investing since 1985. During this time Nick has worked for numerous international investment banks and spent time on the trading... by Michael Covel's Trend Following