Top Traders Unplugged With Niels Kaastrup-larsen | Engaging Conversations With The Top Traders & Investors

Our next show provides you with the opportunity to learn from a highly educated founder and fund manager.He Studied Economics at the Luzon Universidad de Carlos III de Madrid. He went on to earn a PhD in Quantitative Finance in Evolutionary Finance at University of Zurich. Upon graduating he agreed to a research position with Zurich Capital Bank.Horizon21 made an offer to have Mathias and his business partner Dr. Tilman Keese build a systematic trading program. In 2010 they left Horizon21 to go out as entrepreneurs with AllMountainCapital.Please give a warm welcome to, Dr. Mathias Bucher.In This Episode, You’ll Learn:The story of founding AllMountainCapital and how much AUM they currently manageHow they outsource all non-core aspects of the business so they can focus on Research, Trading & Client servicesOn the changes in the CTA industry from 2007 to the presentWhy central bank actions are correlated with a drop in volatility since 2009The nature of the AllMountain trading model and h

What are you going to do to differentiate yourself from everyone else in the industry?That’s the question Marty Bergin would ask the next guest on Top Traders Unplugged.Welcome back for the second part of our interview with, Marty Bergin.-----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 trade decisions are generated and executed at DUNN Capital ManagementThe way Marty and DUNN manage the emotional challenges of trend followingWhy many CTA firms are giving allocations to long equities and the results of that decisionHow significant drawdowns help to make firms strongerDUNN Capital Management’s approach to researchHow DUNN Capital identifies and reacts to issues with external/strategic alliance situationsPortfolio development and decision-making at DUNN CapitalOn the importance for personal ownership in a CTA firmLearn about Michael Covel’s interview with Harry MarkowitzThe importance (or la

Our next guest is a partner in a firm that has enjoyed 40+ years of trading success with a 35+ year continues track record of their WMA program.The track record of the organization, DUNN Capital Management, is world-class. The legendary Bill Dunn offered partnership to our next guest and he replied, “I’m happy with where I am.” Bill’s response will make you laugh.Please enjoy my conversation with, Marty Bergin.In This Episode, You’ll Learn:The Story of DUNN Capital and the Evolution of the firmHow Marty began working with the firm and how he became a partnerThe company culture of DUNN Capital and why it’s so important to their successAn overview of the DUNN WMA programHow the Value At Risk (VAR) approach separates DUNN Capital from other CTAsWhy DUNN Capital manages all tasks in-houseAbout the 40 year+ track record of DUNN CapitalThe big research upgrades taking place in 2006About the change to using two separate "Trend Following Models"About the adaptive risk profile (ARP)DUNN’s approach to di

Today we rejoin the conversation with Martin Estlander the Founder and CEO of Estlander & Partners. If you missed the first part, feel free to listen to it here.In this episode we explore the evolution of the CTA industry, the skills required to run a successful business and finally the fun, less known facts of Martin’s life outside of trading.Welcome to the second part of our conversations with Martin Estlander.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn This Episode, You’ll Learn:The best rule of thumb to visualize risk in a traditional CTA portfolioWhat Martin has learned from being in drawdowns and the difference between drawdowns before and after 2009The effect of volatility in the markets and how this impact CTA performanceHow Martin Estlander manages the emotional roller coasterResearch processes and research cycles at Estlander & PartnersHow to identify and address systems that were

Estlander & Partners – The Oldest CTA firm in Scandinavia and one of the Longest Running CTA firms in the World.  Thank you for listening to my conversation with its founder Martin Estlander. In This Episode, You’ll Learn:How Martin got involved in the CTA IndustryThe Evolution of Estlander & Partners and Where They are TodayFounding of an options trading business in Frankfurt in 1991About the inspiring time in which he was part of the Commodities Corp. team until 1998 when Goldman Sachs came in and bought CCAbout Jan Haraldsson’s Alpha Trend Program and how they recently opened the Program for external investorsThe recreational activities that support Martin’s trading philosophy. Skiing, Tennis, Sailing and MeditationAn overview of the Main Programs Estlander & Partners run today – Alpha Trend, Freedom, Global Markets & PrestoThe business organization of a modern day CTA firm – What is “in-house” and what is outsourcedHow volatility is perceived in the Estlander & Partners portf

We’re back with the second part of our conversation with the Head of Research at Rho Asset Management. In this episode we discuss the details of Managing Equity Curves, Trade Length in CTA systems and how Rho achieves to get the optimal position size when entering new trades.Thank you for visiting, now let’s continue the interview with Tushar Chande.In This Episode, You’ll Learn:How Rho creates for algorithms to decide the size of a new positionThe difference between the models in terms of trade lengthThe trade frequency Rho Asset ManagementAbout the design philosophy in creating the profile of its Altius ProgramDiscussing the research cycle and the research reviewsMajor findings that led to the creation of the Altius ProgramWhy trend following systems make money over timeHow the CTA strategies will overcome challenges in the futureThe main thing investors should take away as a benefit of investing with CTAsFollow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE

On today’s show I am talking to Tushar Chande, Co-Founder and Head of Research at Rho Asset Management.  Tushar is also the author of a number of books on the topic of how to design rule based trading systems as well as having been actively trading these systems for more than 20 years.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn This Episode, You’ll Learn:Why the random nature of the markets attracted Tushar to develop systems for trading these marketsBackground information on Rho Asset Management and it’s philosophyHow Tushar utilizes behaviors of discretionary traders to make estimates of conviction about their individual tradesHow Rho has designed it’s Altius Program to offer meaningful protection when equity markets go downWhat to be aware of when exploring an Asset Manager’s performance over a 20 year periodOffense/Defense Ratio, What it means and How to use it to Measure the quality of systems designHow Rho’s

In this episode we continue our conversation with the founder and CEO of Brandywine Asset Management and discuss the aspects of what makes his rule based asset management style so successful.Enjoy the second part of my conversation with, Mike Dever.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn This Episode, You’ll Learn:Continuing the Conversation around why Trend Following can be more difficultDescribing Disparate Return DriversHow Brandywine Assets Management actually implements the decisions of their trading modelWhy Position Sizing and Risk Management Principles are EverythingHow position sizes are managed across various Return DriversWhy Sharpe Ratio is a meaningless measure on it’s own. It doesn’t give you any idea on predictability of returns.The professional traders approach to the emotional challenges of drawdown.Managing regulation challengesThe environment of marketing trend following strategies to invest

On today’s show I am talking to Mike Dever, the Founder and CEO of Brandywine Asset Management.  Mike is a Divergent Thinking Systematic Investment Manager and Author of the best selling book “Jackass Investing”. Mike has been trading for almost 4 decades and shares a wealth of insight to how he has stayed successful and how his trading approach and research has stayed current in an ever changing financial landscape.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn This Episode, You’ll Learn:The Evolution of Mike’s TradingHow Mike almost got in to business with Richard DonchianHow they developed a systematic trading model in the 1980sHow Mike met and invested with Paul Tudor Jones, John W. Henry and was the first outside investor in TranstrendHow Mike went from being a discretionary trader to become fully systematic when launching the Benchmark Program, and WhyAbout the experience of running the Brandywine Benchmark Pro

Welcome back to our conversation with Jason Gerlach of Sunrise Capital Partners.In this interview we discuss the history of Sunrise Capital Partners, the current evolution in their financial product line and the inner workings of what it takes to make it as a successful trading organization in the ever changing market conditions.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn This Episode, You’ll Learn:Exploring the design structure of the Sunrise Evolution program: Quadrant A, B, C and D and how they play togetherDetailed examples of how trading models can be different.How trade implementation works with complex systems like theseAbout the Volume of trading the Sunrise Capital does each dayWhy the game of picking sectors is a fools errandStrategies for dealing with the emotional weight of drawdownsSunrise Capital Management’s approach to researchThe traits and what it takes to become a great CTA-----ATTENTION TTU TRIBE :

Sunrise Capital was the first CTA (Commodity Trading Advisor) ever.The company has evolved considerably since its inception in the 1970s.Today on the show, Jason Gerlach, the Chief Executive Officer at Sunrise Capital joins us to discuss the history of the company and about the evolution of their trading strategy over nearly 4 decades. Sunrise has achieved astounding results over the lifetime of the company and Jason provides unique insights to the inner workings of Sunrise.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn This Episode, You’ll Learn:The story of Sunrise Capitals founding in the early 1970sRick Slaughter (Sunrise’s Chief Researcher) founded Commodity Monitors – the First Hedge Fund/CTA firm ever launchedJack Forest (Sunrise Commodities) and Gary Davis (Cresta Commodities) – The doctors trading outside the hospitalHow the three pioneers of the CTA/Commodity Trading Industry came together to form Sunrise Capita