SI124: Why smart people often struggle with systematic investing ft. Jerry Parker

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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And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.

Learn more about the Trend Barometer here.

Send your questions to [email protected]

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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,