Aug 31, 2015
Human beings have a strange habit of trusting other humans, even when the trust isn’t warranted. Everywhere in mainstream media, statistics are used and misused to convey an agenda. All too often, people ignore the agenda and buy into this engineered information.
To be successful, both in life and in trading, a...
Aug 28, 2015
Today’s guest is Mark Sleeman of MS Capital Management. Mark is a self-taught trend following trader who’s been trading since the late 80s.
Michael Covel asks Mark about the road that led him to trend following and his early experiences as an trader. Mark talks about how, in the beginning, he was only looking for...
Aug 24, 2015
Today, Michael Covel reads a recent piece from Barry Ritholtz about the Death Cross: that foreboding moment when the 50 day MA falls below the 200 day MA. Then Michael looks at how a Twitter debate between Cliff Asness of AQR and Jerry Parker of Chesapeake Capital, sparked by the article, led to an examination of...
Aug 21, 2015
Today’s guest is Lasse Pedersen, finance professor at Copenhagen Business School, principal at AQR Capital Management, and author of the new book “Efficiently Inefficient”. Pedersen earned his Ph.D. in finance from Stanford University and has over a decade of experience in the industry.
The conversation opens...
Aug 17, 2015
Many that aspire to be successful
investors or traders look up to Warren Buffett as a role model. Yet
the chances of anyone amassing that wealth by following the same
path as Buffett are extremely unlikely. Debating survivorship bias
seems perfectly appropriate, but that's never broached.
On the other hand,
becoming...