Feb 27, 2017
Michael excerpts a presentation from Cliff Asness. Asness is rigidly focused on the systematic side of the trading equation. Don’t let the idea of something being systematic scare you into thinking complication alone. Systematic means you follow rules. Asness has models, rules, and mechanisms he automates and...
Feb 24, 2017
Mark Rzepczynski is the CEO of AMPHI Capital Management and has
a deep knowledge of trading, especially trend following
Simplicity beats complexity every time. Unfortunately, people crave more complex. With trend following, traders keep it simple. They just want to get the direction of the trade right. Trend...
Feb 20, 2017
Many take risk without thinking. They do not quantify risk. One
of Michael’s first steps into the risk indoctrination came in the
1990’s through a book, “Against the Gods: A Remarkable Story of
Risk.” Michael plays an excerpt from the author Peter
There is no perfect algorithm for risk, only guesses....
Feb 17, 2017
Annie Duke is on the podcast for the second time. She is a poker
player, author, decision making expert, and cognitive scientist.
Her understanding of how luck, skill and uncertainty all play a
role in life is fascinating.
Donald Trump has made some unusual cabinet choices, especially for getting elected by such a...
Feb 13, 2017
Five guests are featured on today’s mega episode, including:
Jason Fried, Andy Puddicombe, Steven Kotler, Walter Williams and
Jack Horner. These men have all found great success in their fields
of study. As different as they all may be, there is a thread that
can be found connecting them all.
Jason Fried is the...