![SI124: Why smart people often struggle with systematic investing ft. Jerry Parker - podcast episode cover](https://artwork.captivate.fm/b67e24b2-c0fd-439b-8686-887a50c4340d/5O7Vdgx5LazRGTEo2NHyMH5a.png)
Episode description
Turtle Trading legend Jerry Parker joins us today to discuss why smart people often struggle with systematic investing, the benefits of non-predictive investment strategies, what changes Jerry would make to Richard Dennis and William Eckhart’s original Turtle Trading rules, why predefined trade exits are good for your mind-state, why Trend Following strategies are so suited to unexpected market events, the importance of sticking to the core principles when applying a Trend Following system, whether Trend Following traders should have learned anything from the markets in 2020, why you should take as little as possible from a backtest, and what having a robust portfolio actually means.
Also check out my interview with Turtle Trading legendary mentor Richard Dennis here.
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50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE
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Episode TimeStamps:
00:00 – Intro
01:41 – Macro recap from Niels
03:54 – Weekly review of performance
52:18 – Q1; Zack: Are there any known Trend Following strategies that increase position sizes as volatility increases?
57:55 – Benchmark performance update
01:21:21 – Recommended listening or reading this week: Paul Singer on the End Game Podcast with Grant Williams,