My guest today is Hugh Hendry, a British hedge fund manager and podcaster. He was the founding partner and chief investment officer of the now defunct hedge fund firm, Eclectica Asset Management. Despite returning 50 percent in his fund's first calendar year, from the revival in the gold price back in 2003, it was not until 5 years later that he began to attract media attention when his fund achieved a 31.2 percent positive return in 2008 during the depths of the financial crisis, earning him a reputation as a contrarian investor. Hendry has been referred to as "the most high-profile Scot" in the hedge fund sector The topic is Trend Following. In this episode of Trend Following Radio we discuss: The stock market's highest point Quant trend following mindset Trend following positive payoffs Inflation The main strategy of hedge fund GDP growth in China Chinese GDP inflation Jump in! --- I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!