SI159: Embracing Uncertainty for Outsized Returns ft Richard Brennan

Richard Brennan joins us today to discuss the stabilising effect that a healthy allocation to Trend Following can have on a portfolio, how to achieve compounded wealth in the long-term with systematic investing, how Trend Following strategies can thrive in both crisis periods as well as good times, some thoughts on data distribution and ‘skewness’, how to effectively communicate the benefits of Trend Following to investors, and the art of ‘embracing uncertainty’ in order to maximise returns. In this episode, we discuss: How adding Trend Following to a portfolio can smoothen positive returns Compounding wealth as a systematic investor How Trend Following can profit during good times and bad times Data distribution, 'skewness', 'convexity', 'kurtosis' and which ones to focus on How investment terms can often create communication barriers Embracing the uncertain nature of markets in order to maximise profits Follow Niels on https://twitter.com/toptraderslive (Twitter), https://www.linkedin.com/in/nielskaastruplarsen (LinkedIn), https://www.youtube.com/user/toptraderslive (YouTube) or via the https://www.toptradersunplugged.com/ (TTU website). Follow Richard on https://twitter.com/@RichB118 (Twitter). IT’s TRUE ???? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written http://bit.ly/36bzny2%22%20%5Ct%20%22_blank (here). And you can get a free copy of my latest book “The Many Flavors of Trend Following” http://www.toptradersunplugged.com/book%22%20%5Ct%20%22_blank (here). Learn more about the Trend Barometer https://www.toptradersunplugged.com/resources/market-trends/%22%20%5Ct%20%22_blank (here). Send your questions to info@toptradersunplugged.com And please share this episode with a like-minded friend and leave an honest rating & review on https://itunes.apple.com/us/podcast/top-traders-unplugged-niels/id888420325?mt=2%22%20%5Ct%20%22_blank (iTunes) so more people can discover the podcast. Episode TimeStamps: 00:00 – Intro 01:49 – A huge thank you to listeners of the show for leaving your 5-star reviews on iTunes, and feel free to share this link with 3 of your like-minded friends: https://top-traders-unplugged.captivate.fm/listen (https://top-traders-unplugged.captivate.fm/listen) 02:25 – Macro recap from Niels 04:10 – Weekly review of performance 11:35 – Knowing what to look for in a talented investment manager 19:58 – Discussion on the topic of ‘skew’ 42:44 – How the term ‘skew’ relates to other terms such as ‘convexity’ & ‘kurtosis’ and which terms are the most important for investors to focus on 56:33 – Some thoughts on what is referred to as ‘path dependency’ 01:01:03 – How Trend Following can positively influence an investment portfolio 01:02:57 – Benchmark performance update

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