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TTU45: How To Overcome Cognitive Bias in Investing & Trading ft. Roy Niederhoffer of R. G. Niederhoffer Capital Management – 1of2

TTU45: How To Overcome Cognitive Bias in Investing & Trading ft. Roy Niederhoffer of R. G. Niederhoffer Capital Management – 1of2

FromTop Traders Unplugged


TTU45: How To Overcome Cognitive Bias in Investing & Trading ft. Roy Niederhoffer of R. G. Niederhoffer Capital Management – 1of2

FromTop Traders Unplugged

ratings:
Length:
79 minutes
Released:
Nov 17, 2014
Format:
Podcast episode

Description

Roy Niederhoffer has a fascinating live story that starts with Harvard and neuroscience and continues into his starting a hedge fund in the short-term trading space in 1993. Roy discusses the exciting and bootstrapping beginnings of his firm, the cognitive biases that keep most humans from making good investment decisions, and how his firm stands out from other CTAs. Investors and managers alike will learn a wealth of information from this episode.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn This Episode, You’ll Learn:How Roy got interested in the financial markets from an interest in computers at a young age.How he started a company that had 30 employees by the end of his high school.How his brother was an early adopter in the Hedge Fund space.How he spent his undergraduate years studying neuroscience.Roy graduated from Harvard and was set to go to Cambridge for neuroscience until he worked for his brother for a summer.The story of how he started his firm and when he began trading in July 1993.How the human brain influences behavior and how that translates to trading.Cognitive biases and how to avoid them in the financial market.What Roy thinks of trend following and how to explain it to the public.The other investors he worked at in his first job out of college, that later became famous investors in their own right.Why Roy’s firm was “employing” a cook and a maid when they started the business in 1993.How he plays in a symphony and keeps up his pursuit of being a musician while running his firm at the same time.What he thinks about the future of the CTA industry.How his model works in an ecosystem of other portfolio management options.How they distinguish themselves from other CTAs.An overview of the strategies that his firm does today.How the infrastructure of the business is setup today and the unique opportunities of the short term space.What he looks for when adding people to his research team.The culture that he has created at the firm.What matters to him when investors look at the track record of his firm.-----ATTENTION TTU TRIBE : SIGN-UP for Rick Rule's Symposium: Once in a life-time natural resource insights from the BEST investors in the world via a first-class livestream or Live event!Resources & Links Mentioned in this Episode:Learn more about Roy from his wikipedia article.Niels mentions that listeners should also check out the Top Traders Unplugged episodes with Kathryn Kaminsky.Follow Niels on Twitter, LinkedIn, YouTube or via the
Released:
Nov 17, 2014
Format:
Podcast episode

Titles in the series (100)

Join Niels Kaastrup-Larsen as he explores the world of finance and investing, through weekly conversations with the most interesting and experienced investors, economists, traders & thought leaders. Learn from their experiences, their successes, and their failures. We don't want you to think like them...but we do want to make you think! Stay up-to-date on https://toptradersunplugged.com