Shows
ETFatlas: Mastering the Craft of InvestingF‑You Money, Freedom, and the Simple Path to Wealth (JL Collins)This in‑depth conversation with JL Collins traces his journey from early lessons watching his self‑employed father struggle, through his own decision in his twenties to live on half his income and relentlessly invest the rest. Jack and JL unpack the core ideas behind The Simple Path to Wealth: F‑You Money as the foundation of freedom, the power of very high savings rates, and why a single broad US index fund like VTSAX (or its ETF twin VTI) sits at the center of his philosophy.They explore contested topics such as concentrating in US stocks versus global...
2026-02-061h 25ETFatlas: Mastering the Craft of InvestingGlobal Stocks vs US Stocks: Which basket should you choose?This comprehensive presentation challenges the common assumption that investing exclusively in U.S. equities through the S&P 500 is the optimal choice, instead advocating for a globally diversified approach using ETFs like MSCI ACWI. While acknowledging that U.S. stocks have delivered superior returns (10.48% CAGR vs. 8.95% for developed markets) over the past 100 years and currently represent 60%+ of global market capitalization, we emphasizes that historical dominance is no guarantee of future performance—citing Japan's decline from 30% to 5% of global market cap as a cautionary tale.The core argument centers on portfolio survival rather than maximization: a globally diversified portfolio na...
2026-01-2313 minETFatlas: Mastering the Craft of InvestingBoring Is Your Superpower: How to Win Without Being a Genius (Jack Lempart)The episode explains why traditional schooling teaches many abstract subjects but almost no practical money skills, even though everyone must manage money for decades. It shows how even “small” inflation, like 3% per year, slowly destroys the value of cash, so doing nothing is actually losing money. Because of this, we are all forced to invest and choose between different assets like stocks, bonds, real estate, and managed futures.We argue that stock picking and trying to “beat the market” usually fails, even for professionals, mainly because markets are very efficient and fees are high. Instead, the proposed solution is simple index in...
2026-01-0923 minETFatlas: Mastering the Craft of InvestingThe Paradox of Skill: Why AI Makes Active Investing Harder, Not Easier (Larry Swedroe)In this second round with Larry Swedroe, we explore what evidence‑based investing really means in today’s late‑2025, AI‑driven markets. Larry explains why rising skill and technology shrink alpha, turning most active management into a loser’s game and pushing investors toward low‑cost factor strategies rather than stock‑picking “genius”. He discusses value, momentum, private credit and goodwill traps, shows why passive flows have not made it easier for active managers to win, and warns about high‑fee structures in the asset‑management industry. Larry also touches on quantum computing as a tail risk for financial systems and...
2025-12-261h 14ETFatlas: Mastering the Craft of InvestingIs the 4% Rule Dead? Bill Bengen Updates His Legendary StrategyIn this episode, we sit down with William Bengen, the legendary creator of the “4% Rule” that revolutionized retirement planning worldwide. Bill shares his unique journey from an MIT aerospace engineer to a financial planner, explaining how he used historical data to solve the “how much can I spend” dilemma. He dives deep into the critical concepts of “Sequence of Returns Risk” and explains why inflation is actually a more dangerous enemy to retirees than stock market crashes.The conversation explores his latest research, which updates the safe withdrawal rate to 4.7% (or higher) by utilizing what he calls the “Four Free Lunc...
2025-12-1240 minETFatlas: Mastering the Craft of InvestingHow to Beat the Market: Can an active strategy beat a global equity ETF? (Jack Lempart)This episode explains why consistently beating the stock market is extremely difficult, especially for active managers competing in today’s highly efficient markets. It shows how much of what looks like “alpha” can often be explained by exposure to well-documented risk factors such as value, quality, and low risk. AgendaWhy beating the market is so hard todayWhat academic research really says about alpha and active managersHow factor investing explains legendary track records like Warren Buffett’sPractical principles of evidence-based, low-cost, diversified investingHow to apply these ideas when building your own long-term portfoliopowered b...
2025-11-2823 minETFatlas: Mastering the Craft of InvestingEvolution of Investing: From Index Funds to Bitcoin ETFs (Eric Balchunas)In this compelling episode we welcome Eric Balchunas, Senior ETF Analyst at Bloomberg Intelligence and author of the bestselling book "The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions". Eric is one of the most recognized voices in the world of exchange-traded funds, combining deep financial expertise with an exceptional ability to communicate complex concepts in an accessible way.During our conversation, we explore the revolution that Jack Bogle sparked on Wall Street—a story about how one man created the first index fund and built one of the most important fi...
2025-11-1446 minETFatlas: Mastering the Craft of InvestingEvidence-Based Investing: How Academic Research Transformed Investing (Larry Swedroe)In this compelling episode of the ETFatlas podcast, host Jack Lempart sits down with Larry Swedroe, one of the most influential voices in evidence-based investing and author of 18 groundbreaking books on finance.Larry shares his remarkable journey from aspiring security analyst during the 1973-74 market crash to principal and director of research at Buckingham Strategic Wealth, where he spent nearly three decades revolutionizing how investors think about portfolio construction. Throughout the conversation, Larry explains how academic research has systematically converted what was once considered alpha into beta, revealing that strategies employed by legendary investors like Warren Buffett can now...
2025-10-311h 19
Sound InvestingThe Biggest Mistake Beginner Investors Make - and How to Avoid themIn this practical and inspiring ETFatlas podcast episode, host Jack Lempart welcomes Paul Merriman for a return conversation focused on the biggest mistakes beginner investors make—and how to avoid them.The discussion reveals why most investing errors are emotional, not technical. Paul emphasizes that successful investing is usually simple, though almost never easy.Paul Merriman draws on decades of experience as an educator, advisor, and founder of the Merriman Financial Education Foundation to spotlight key pitfalls:Trusting the wrong adviceStarting too late with investingLetting emotions drive decisionsChasing recent performance
2025-10-221h 46ETFatlas: Mastering the Craft of InvestingThe biggest mistakes beginner investors make—and how to avoid them (Paul Merriman)In this practical and inspiring ETFatlas podcast episode, host Jack Lempart welcomes Paul Merriman for a return conversation focused on the biggest mistakes beginner investors make—and how to avoid them.The discussion reveals why most investing errors are emotional, not technical. Paul emphasizes that successful investing is usually simple, though almost never easy.Paul Merriman draws on decades of experience as an educator, advisor, and founder of the Merriman Financial Education Foundation to spotlight key pitfalls:Trusting the wrong adviceStarting too late with investingLetting emotions drive decisionsChasing recent performancePaul’s conv...
2025-10-171h 46ETFatlas: Mastering the Craft of InvestingBoring Portfolio vs Trading: What Every Investor Must Know (Rob Carver)In this enlightening conversation, Jack Lempart welcomes Robert Carver—a former portfolio manager at AHL, one of the world's largest systematic hedge funds. Rob managed multi-billiondollar portfolios before transitioning to independent trading and authorship, bringing deep industry insights to individual investors.The interview tackles one of the biggest questions facing everyday investors: Should people try active trading, or is building a simple, sensible portfolio the smarter way? Carver shares honest, actionable advice rooted in his own professional experience and investment research, explaining why most individuals struggle to beat the market as traders and how ETFs can si...
2025-10-0351 minETFatlas: Mastering the Craft of InvestingPlay Dead: Why Simplicity Beats Complexity in Investing (Ramin Nakisa)Episode AgendaGuest Introduction: Ramin, founder of PensionCraftOverview of current investment environmentKey market trends and sources of uncertaintyAnalysis of global diversification—benefits and pitfallsETF selection: criteria and practical tipsRisks associated with concentration in thematic or sector ETFsPerspectives on long-term investing mindsetAsset allocation strategies in periods of volatilityPersonal anecdotes on navigating difficult marketsCommon listener questions addressedConcluding thoughts on building robust portfoliosEpisode SummaryIn this episode, the host interviews Ramin from PensionCraft, who shares practical insights on investing amid market uncertainty and changing trends. The discussion op...
2025-09-191h 06ETFatlas: Mastering the Craft of InvestingPlay Dead: Why Simplicity Beats Complexity in Investing (Ramin Nakisa)Episode AgendaGuest Introduction: Ramin, founder of PensionCraftOverview of current investment environmentKey market trends and sources of uncertaintyAnalysis of global diversification—benefits and pitfallsETF selection: criteria and practical tipsRisks associated with concentration in thematic or sector ETFsPerspectives on long-term investing mindsetAsset allocation strategies in periods of volatilityPersonal anecdotes on navigating difficult marketsCommon listener questions addressedConcluding thoughts on building robust portfoliosEpisode SummaryIn this episode, the host interviews Ramin from PensionCraft, who shares practical insights on investing amid market uncertainty and changing trends. The discussion op...
2025-09-191h 06ETFatlas: Mastering the Craft of InvestingNavigating Uncertainty: Diversification and Market Trends (Jerry Parker)Episode AgendaIntroduction to Jerry Parker: Journey from accounting to Turtle Trader and trend following pioneerKey principles and psychological challenges of trend following taught by Richard Dennis and Bill EckhardtEvolution of market selection and diversification in modern systematic tradingRole of ETFs in democratizing access to managed futures and trend following strategies for retail investorsClassic trend following vs. passive investing, including portfolio construction, performance and key learning moments from Parker’s careerEpisode SummaryIn this episode of the ETFatlas podcast, host Jack Lampart welcomes legendary trend follower Jerry Parker to discuss his remarkable journey fr...
2025-09-041h 12ETFatlas: Mastering the Craft of InvestingTravel, Family, and FIRE: The Lifestyle of an Early Retiree (Karsten Jeske)Agenda:Karsten Jeske’s road to FIRE – professional background (economist, Fed, BNY Mellon), move from Germany to the U.S., and motivations for early retirement.FIRE pillars and planning – first steps, debunking myths, the 4% rule and its adjustments, sequence-of-returns risk, and the impact of market valuations (CAPE).Investment strategy – stock/bond allocation, views on gold, alternative assets, small-cap value, and global index investing.Options as an income source – selling short-term S&P 500 put/call options to generate extra cash flow in retirement and mitigate sequence risk.Life after retirement...
2025-08-111h 39ETFatlas: Mastering the Craft of InvestingThe Science of Outperformance: Dual Momentum Explained (Gary Antonacci)Agenda✅ Gary Antonacci’s investment journey and the origins of momentum investing✅ Understanding absolute vs. relative momentum and why they matter✅ The dual momentum strategy: mechanics, benefits, and real-world results✅ Common pitfalls and behavioral challenges in rule-based investing✅ Practical advice for investors looking to implement momentum strategiesIn today’s episode, we’re thrilled to sit down with Gary Antonacci, a true pioneer in the field of momentum investing and the mind behind the acclaimed Dual Momentum strategy. With over four decades of experience and an MBA from Harvard, Gary has seen it all—from the...
2025-07-0349 minETFatlas: Mastering the Craft of InvestingDemystifying Managed Futures: The Power of Trend Following ETFs (Andrew Beer)Agenda✅ Introduction to Managed Futures and Trend Following✅ The Creation and Philosophy Behind Managed Futures ETF✅ Replication Strategy and Its Advantages✅ Managed Futures in Portfolio Construction✅ Future Outlook: Geopolitical Uncertainty and Market VolatilityIn this enlightening episode of the ETFAtlas.com podcast, host Jack Lempart sits down with Andrew Beer to explore the world of managed futures and their growing importance in modern portfolio construction. Andrew Beer, with his extensive background in hedge fund management, shares his journey from traditional hedge funds to creating accessible, ETF-based strategies for a broader audience...
2025-03-2853 minETFatlas: Mastering the Craft of InvestingBeyond Passive: Harnessing Value, Momentum, and Tail Risk (Wes Gray)Wes Gray discusses how military discipline shaped his systematic investing approach, emphasizing process-driven strategies to combat emotional decision-making. Alpha Architect prioritizes investor education and transparent, evergreen factor-based ETFs like QVAL (value) and QMOM (momentum), which target well-researched market anomalies. The firm’s niche ETFs, such as CAOS (tail risk hedging) and HIDE (managed futures), aim to diversify portfolios against fast/slow market crashes. Gray advocates simplicity in factor design to avoid overfitting, while acknowledging challenges in predicting cyclical shifts between strategies. He critiques passive investing’s inherent biases toward mega-cap growth stocks, favoring factor diversification instead. His personal portfolio combines globa...
2025-02-2732 min
ETFatlas: Mastering the Craft of InvestingThe Bogle Legacy: Rick Ferri on the Power of Low-Cost IndexingIn this insightful interview with ETFatlas.com, Rick Ferri, a renowned figure in the investment world, shares his wisdom on index investing and financial advice. Drawing from his extensive experience, Ferri discusses the principles of successful investing, the importance of simplicity in portfolio management, and his critique of traditional fee structures in the financial industry. He also reflects on the lasting impact of John Bogle’s philosophy and offers valuable guidance for both individual investors and financial advisors. This conversation provides a wealth of knowledge for anyone looking to navigate the complex world of investing with clarity and purpose.
2025-02-1236 minETFatlas: Mastering the Craft of InvestingThe Index Edge: Paul Merriman’s Investment InsightsIn this insightful conversation, renowned financial expert Paul Merriman shares his wealth of knowledge and experience in investing. He discusses his journey from stockbroker to founding his own investment advisory firm, and eventually establishing the Merriman Financial Education Foundation. Paul delves into various topics, including:✅ The importance of data-driven investing and understanding the math behind it✅ His meeting with John Bogle and their differing philosophies on investing✅ The case for small cap value investing and its historical performance✅ The challenges of market timing and the benefits of portfolio diversification✅ The emergence of ETFs and t...
2025-01-251h 15
System Trader Show#028: Nick Maggiulli – Just Keep Buying: proven ways to save money and build your wealthJust Keep Buying - that's what Nick Maggiulli suggests when it comes to investing in his book. And it's an excellent book because it treats investing straightforwardly and practically. Using hard data, Nick debunks myths in personal finance and investing. He answers questions, presents solutions, and gives effective ways to build wealth.https://systemtrader.show/028
2023-11-201h 00System Trader Show#027: Andrew Beer – Cost Reduction Is the Purest Form of AlphaShrouded in mystery and even more misunderstanding, hedge funds have always been very limited for the average investor. Whether for regulatory reasons or because of high capital requirements. But with the revolution started by ETFs, they are now available to the masses.Today, with literally a few dozen dollars in your pocket, you can invest in the same things as hedge funds.The hedge fund industry is burdened with one big sin: high management costs – just like in classic investment funds.This is probably the main source of their numerous failures. But something has been changing he...
2023-11-031h 04System Trader Show#026: Tom Basso – The All-Weather TraderWhen we are talking about a strategy in investing, it is often perceived as a mechanism for generating a buy signal. In fact, this is not the most critical aspect in the entire investment process. Today I am pleased to invite you to an interview I had with Tom Basso - a practitioner with almost 50 years of market experience. He is a well-known person in the industry, especially if someone is interested in trend-following strategies.In the background of our discussion is Tom's latest book, The All-Weather Trader.In addition to discussing...
2023-04-0754 min
System Trader#103: Zdroworozsądkowe inwestowanie wg John’a Bogle – wywiad z Tomaszem Jaroszkiem (Doradca.tv)Warren Buffett powiedział kiedyś, że „nie zna nikogo kto więcej zrobił dla inwestorów niż Jack C. Bogle”. To właśnie dzięki niemu pod strzechy trafiły tanie, proste fundusze dające wyniki całego rynku. Z pozoru wygląda to mało atrakcyjnie, bo któż nie chciałby wyników pokonujących szeroki rynek?Tymczasem inwestorzy w takie fundusze są wręcz elitą pośród inwestorów, jeśli idzie o stopy zwrotu. O tym jak to jest możliwe rozmawiam dziś z Tomkiem Jaroszkiem z bloga Doradca.tv.Tomek wraz z Przemkiem Gerschmann...
2023-01-271h 10System Trader[vlog] ETF to zło?ETF-y powstały na początku lat 90. XX wieku. Ale Jack Bogle nie był ich fanem, widział w nich zagrożenia. Dlaczego?👉3 proste pomysły na portfel IKE/IKZE + kalkulator opłacalności: https://systemtrader.pl/096
2022-11-2810 minSystem Trader[vlog] KOSZT JEST WSZYSTKIM (W INWESTOWANIU)Koszty jakie ponosimy w inwestowaniu (prowizji, opłaty za zarządzanie) są wszystkim jak mówił Jack Bogle, ojciec inwestowania pasywnego. Dlaczego?
2022-11-1809 min
System Trader Show#025: Eric Balchunas – The Bogle Effect. How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors TrillionsJohn "Jack" Bogle revolutionized the investment industry by opening the first index fund in 1976 to replicate the S&P 500 index. It was not easy to sell the idea of a fund generating average market results. But Bogle has shown that by lowering costs he can outperform actively managed funds.Eric Balchunas, author of the fantastic book titled "The Bogle Effect. How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions" is my podcast guest today. It's a semi-documentary book with numerous interviews by Eric, including Jack Bogle and even Warren Buffett. The book described...
2022-09-3052 minSystem Trader#094: Jak John Bogle wywrócił stolik funduszom inwestycyjnym – wywiad z Erykiem BalchunasemJohn „Jack” Bogle można powiedzieć dokonał przewrotu w branży inwestycyjnej otwierając pierwszy fundusz indeksowy w 1976 roku replikujący indeks S&P 500. Choć, dla jasności, nic wtedy nie zapowiadało, że nowoutworzona przez Jacka Bogle firma – Vanguard – kilka dekad później stanie się największą firmą inwestycyjną na świecie. Nic też nie wskazywało, że oferowanie funduszu obiecującego „przeciętne wyniki” wzbudzi jakiekolwiek zainteresowanie pośród inwestorów. Przecież większość oczekuję ponadprzeciętnych wyników!Zapraszam do rozmowy z Ericiem Balchunasem, autorem fantastycznej książki zatytułowanej „The Bogle Effect. How John Bogle and Vanguard Turned Wall Street Inside Out a...
2022-09-3053 minSystem Trader Show#024 – Paul Merriman: Strategic Planning For Investing At Every Stage of LifePaul Merriman, my today's guest, is a worldwide recognized authority on index investing, asset allocation, buy-and-hold, and active management strategies. Paul began his career in the 1960s, working briefly as a broker for a major Wall Street firm. He concluded that Wall Street was burdened with too many conflicts of interest and decided to help small companies raise venture capital. He retired in 1982 to create his independent investment management firm.Now retired from his company, he is dedicated to educating investors. In 2013 he created The Merriman Financial Education Foundation, dedicated to providing comprehensive financial education to investors, with...
2021-11-182h 06System Trader Show#023 – Do-It-Yourself: Building & Testing ETF PortfolioRecently, I got an email encouraging me to sign up for a webinar to learn how to earn 1-4% per day. Imagine! Of course, there was an expensive car in the background. 🤦♂️A "modest" 1% (instead of 4%) a day out of the starting $10,000 after three years grows to $17 million! And someone wants to teach such a great strategy for money instead of using it themself? If you believe in such methods, then there is no point in listening to this episode any further.If you are looking for quick and easy money on the market, do not expect mi...
2021-11-021h 34System Trader Show#022 – Vitali Kalesnik: Factor Investing ExplainedThere are arguments in favor of traditional passive index funds: they offer low fees, liquidity, and broad diversification. They match market performance, have negligible trading costs and tracking error, and they beat most active managers most of the time. On the other side, there are also factor strategies gaining popularity for a reason: they are transparent, offer exposure to widely agreed-upon sources of expected return, have low management costs, and, with proper design, reasonable transaction costs. In this episode, I am honored to speak to Vitali Kalesnika, a recognized expert in factor investing. He's a partner...
2021-10-081h 39System Trader Show#021 – How can a widely known investment strategy still work and be profitable?Today's guest is Grzegorz Link, who professionally works as a quant for an investment fund. Grzegorz is a physicist by education, which may surprise some. However, the thing is that in building market models, skills such as programming and mathematics are the primary tools, which is the same for contemporary physicists.We raise many interesting issues during the conversation, trying to answer the question - how is it possible that a well-known investment strategy can still be profitable. You will learn about common investment myths, pitfalls, and difficulties awaiting investors.For more please visit: https://systemtrader...
2021-09-2458 minSystem Trader Show#020 – Tom Basso: Trend Following Mindset👉 For more please visit: https://systemtrader.show/020I am honored and pleased to host Tom Basso again in the podcast - a legendary trend-following trader. This time, in the background of the conversation, we will be accompanied by the book "Trend Following Mindset," where Larry Hite wrote in the review: "Anyone can make a lot of money without the trend following mindset, but you will never keep it. This mindset is not everything, but it's pretty close. "In this episode, Tom and I discuss many topics related to investing in the market. You will hear about alg...
2021-07-161h 19
System Trader Show#019 – Gary Antonacci: contrarian investing approach based on excessive exuberance and dire pessimismAlmost two years ago, I hosted Gary Antonacci, who specializes in investing using momentum anomalies, and that episode was very popular among listeners. Partly due to the fact that such investment model can be straightforward, and in a way, because it is also not very time-consuming. Which, for the sake of clarity, doesn't mean that the investment process itself is mentally simple. Today I am pleased to host Gary again, but we are talking about an approach to investing that is at the opposite extreme of the momentum anomaly. While momentum takes advantage of long-term trends, today, Gary...
2021-02-2548 min
System Trader Show#018 – Rick Ferri: Why should most investors invest passively?Episode page: https://systemtrader.show/018Rick Ferri, a guest of today's episode, is a well-known person in the investment industry for years. He is a retired US Marine and fighter pilot. He worked as a broker and portfolio manager in an investment company and got the CFA title. Currently, he works mainly as a consultant in the area of cheap index investing. Rick is also the author of numerous books for investors and the host of the Bogleheads podcast, which is for anyone looking for a smart approach to investing and personal finance.In this episode...
2020-12-1551 min
System Trader ShowSTS 017 – Wes Gray: Don't try too hard, have a long horizon, be patient and trust the processEpisode page: https://systemtrader.show/017Wes Gray after serving as a Captain in the United States Marine Corps earned an MBA and a PhD in the finance from the University of Chicago where he studied under Nobel Prize Winner Eugene Fama. He worked as a finance professor at Drexel University. He then found Alpha Architect -- a research-intensive asset management firm with a focus on high-conviction value and momentum factor exposures.In this interview, we talk about why it's so important to have a process, trust it, be patient and to have a long-term investment perspective...
2020-10-2900 minSystem Trader Show#017 – Wes Gray: Don't try too hard, have a long horizon, be patient and trust the processEpisode page: https://systemtrader.show/017Wes Gray after serving as a Captain in the United States Marine Corps earned an MBA and a PhD in the finance from the University of Chicago where he studied under Nobel Prize Winner Eugene Fama. He worked as a finance professor at Drexel University. He then found Alpha Architect -- a research-intensive asset management firm with a focus on high-conviction value and momentum factor exposures.In this interview, we talk about why it's so important to have a process, trust it, be patient and to have a long-term investment perspective...
2020-10-291h 16System Trader ShowSTS 016 – Meb Faber: Why an investment plan is a must and how to behave in the period of a market crash?Meb Faber is a co-founder and the Chief Investment Officer of Cambria Investment Management. His speciality is quant investing. Meb is the host of The Meb Faber Show podcast and has authored numerous white papers and books. He is a frequent speaker and writer on investment strategies and has been featured in Barron’s, The Wall Street Journal, The New York Times, and The New Yorker.In this episode, we talk why you need an investment plan, why the systematic approach is helping to have a better decision-making process, how to behave in the period of a market cr...
2020-04-241h 22System Trader Show#016 – Meb Faber: Why an investment plan is a must and how to behave in the period of a market crash?Meb Faber is a co-founder and the Chief Investment Officer of Cambria Investment Management. His speciality is quant investing. Meb is the host of The Meb Faber Show podcast and has authored numerous white papers and books. He is a frequent speaker and writer on investment strategies and has been featured in Barron’s, The Wall Street Journal, The New York Times, and The New Yorker.In this episode, we talk why you need an investment plan, why the systematic approach is helping to have a better decision-making process, how to behave in the period of a market cr...
2020-04-241h 22System Trader Show#015 – Over a billion dollars in a single day – Robert Carver, an ex-hedge fund manager about professional approach to systematic tradingRobert Carver worked in the City of London for over a decade. For seven years he was a portfolio manager at AHL -- one of the world's largest systematic hedge funds -- before, during and after the global financial meltdown of 2008.In this interview, we talk about many trading topics, mostly around the systematic approach and why it's so important for most of us to base the decison-making process on rules rather than discretion. Robert also explains why the most important factor to consider when investing is risk.You can hear how people managing billions of...
2019-12-201h 34System Trader ShowSTS 015 – Over a billion dollars in a single day – Robert Carver, an ex-hedge fund manager about professional approach to systematic tradingRobert Carver worked in the City of London for over a decade. For seven years he was a portfolio manager at AHL -- one of the world's largest systematic hedge funds -- before, during and after the global financial meltdown of 2008.In this interview, we talk about many trading topics, mostly around the systematic approach and why it's so important for most of us to base the decison-making process on rules rather than discretion. Robert also explains why the most important factor to consider when investing is risk.You can hear how people managing billions of...
2019-12-201h 34System Trader Show#014 – Paul Novell: investing for a living, financial independence and early retirementIt happens very often that we work because we don't see any alternatives. Our job may be annoying as hell, we may even hate it, but the reality seems like we don't have any other options. We have a mortgage, we have a family to maintain, or our qualifications aren't allowing us to do something new. So we don't dare to do something new, and we don't have a plan, we're just drifting -- day by day.My guest, Paul Novell, talks in this episode how he decided to live the life he wants to live. He left...
2019-11-221h 13System Trader ShowSTS 014 – Paul Novell: investing for a living, financial independence and early retirementIt happens very often that we work because we don't see any alternatives. Our job may be annoying as hell, we may even hate it, but the reality seems like we don't have any other options. We have a mortgage, we have a family to maintain, or our qualifications aren't allowing us to do something new. So we don't dare to do something new, and we don't have a plan, we're just drifting -- day by day.My guest, Paul Novell, talks in this episode how he decided to live the life he wants to live. He left...
2019-11-221h 13
System Trader#038: Jack Vogel, czyli o inwestowaniu na rynkach kapitałowych opartym na skwantyfikowanych metodachInwestowanie jest proste, ale nie jest łatwe -- to maksyma dobrze znana w świecie inwestowania. Owszem, technicznie inwestowanie powinno być proste, nawet bardzo proste, ale niestety ogromną przeszkodą jest nasza psychika i przeszkody jakie kreujemy we własnym umyśle. Wynika to z tego, że inwestowanie zawsze wiąże się z niepewnym wynikiem, nawet jeśli podążamy za najlepszą strategią na świecie.W tym odcinku Jack Vogel z firmy Alpha Architect opowie o kilku różnych anomaliach rynkowych, które nie tylko można zmierzyć i zapisać w formie jednoznacznych reguł, ale i wykorzystać w praktyce.Odcinek ten jest nag...
2019-10-2342 minSystem Trader Show#013 – Jack Vogel: Market anomalies and quantitative approach to investingInvesting is simple, but not easy, as Warren Buffett says. And yes -- technically the investment process should be as simple as possible. But does it mean that an average investor should not even think about active investment strategies and entirely rely on a passive portfolio? Which strategy is best to follow? And will it work tomorrow?In this interview, my guest, Jack Vogel from Alpha Architect, talks about many trading topics, including momentum and mean reversion market anomalies.
2019-10-2342 minSystem Trader ShowSTS 013 – Jack Vogel: Market anomalies and quantitative approach to investingInvesting is simple, but not easy, as Warren Buffett says. And yes -- technically the investment process should be as simple as possible. But does it mean that an average investor should not even think about active investment strategies and entirely rely on a passive portfolio? Which strategy is best to follow? And will it work tomorrow?In this interview, my guest, Jack Vogel from Alpha Architect, talks about many trading topics, including momentum and mean reversion market anomalies.
2019-10-2342 minSystem Trader ShowSTS 012 – James Di Virgilio & Dan Korth: professional advisors about Dual Momentum investingThe investment strategy described by Gary Antonacci in my previous episode is not only a theoretical model. Today I have a pleasure to present you two separate discussions with people being professional financial advisors in the United States. One thing they have in common is that in their investment process, they use an idea introduced by Gary. What I’ll try to find out is why they got interested in Dual Momentum. In this episode:- Assets allocation and tactical money management- Value investing/fundamental analysis- How rule-based, systematic trading approach can be us...
2019-06-191h 25System Trader ShowSTS 012 – James Di Virgilio & Dan Korth: professional advisors about Dual Momentum investingThe investment strategy described by Gary Antonacci in my previous episode is not only a theoretical model. Today I have a pleasure to present you two separate discussions with people being professional financial advisors in the United States. One thing they have in common is that in their investment process, they use an idea introduced by Gary. What I’ll try to find out is why they got interested in Dual Momentum. In this episode:- Assets allocation and tactical money management- Value investing/fundamental analysis- How rule-based, systematic trading approach can be us...
2019-06-191h 25System Trader ShowSTS 011 – Gary Antonacci: combining relative strength price momentum with absolute momentumGary has over 40 years’ experience as an investment professional. After receiving his MBA degree from the Harvard Business School he concentrated on researching and developing innovative investment strategies that have their basis in academic research.Gary’s innovative research on momentum investing was the first-place winner in 2012 and the second-place winner in 2011 of the prestigious Wagner Awards for Advances in Active Investment Management given annually by the National Association of Active Investment Managers.
2019-04-241h 21System Trader Show#011 – Gary Antonacci: combining relative strength price momentum with absolute momentumGary has over 40 years’ experience as an investment professional. After receiving his MBA degree from the Harvard Business School he concentrated on researching and developing innovative investment strategies that have their basis in academic research.Gary’s innovative research on momentum investing was the first-place winner in 2012 and the second-place winner in 2011 of the prestigious Wagner Awards for Advances in Active Investment Management given annually by the National Association of Active Investment Managers.
2019-04-241h 21System Trader#027: Linda Bradford Raschke i jej współczesna wersja Wspomnień Gracza GiełdowegoKariera Lindy Raschke ma swój początek w roku 1981, gdy zaczęła pracę jako animator rynku opcji na giełdzie w San Francisco. W roku 1992 zdobyła licencję CTA (ang. Commodity Trading Advisor), co pozwoliło jej zarządzać kapitałem w ramach funduszy hedgingowych. Z wielkim sukcesem zresztą, bo BarclaysHedge sklasyfikował je fundusz na 17 miejscu pośród grupy 4500 funduszy, za najlepszy wynik w okresie 5 lat.Również Jack Schwager dostrzegł szybko niesamowity talent Lindy, umieszczając ją w panteonie traderów wszechczasów w ramach znakomitej serii książek Czarodzieje Rynku (Market Wizards).Przyczynkiem do niniejsze...
2019-03-261h 35System Trader Show#010 – Linda Raschke: Trading Sardines, a 21st-century version of Reminiscences of a Stock OperatorLinda began her professional trading career in 1981 as a market maker in options. She became a registered Commodity Trading Advisor in 1992. She worked as a principal trader for several funds. In 2002 she started her own hedge fund, which was ranked 17th out of 4500 for best 5-year performance by BarclaysHedge.Jack Schwager recognised her great talent in his famous Market Wizards series. Since 2015 Linda continues to trade daily for her own account. In the world of professional trading and money management, Linda Raschke stands out from the crowd for three factors: performance, longevity and consistency.Most frequently...
2019-03-241h 35System Trader ShowSTS 010 – Linda Raschke: Trading Sardines, a 21st-century version of Reminiscences of a Stock OperatorLinda began her professional trading career in 1981 as a market maker in options. She became a registered Commodity Trading Advisor in 1992. She worked as a principal trader for several funds. In 2002 she started her own hedge fund, which was ranked 17th out of 4500 for best 5-year performance by BarclaysHedge.Jack Schwager recognised her great talent in his famous Market Wizards series. Since 2015 Linda continues to trade daily for her own account. In the world of professional trading and money management, Linda Raschke stands out from the crowd for three factors: performance, longevity and consistency.Most frequently...
2019-03-241h 35System Trader Show#009 – Andreas Clenow: quant approach to trend following and equity momentum strategiesAndreas Clenow is a Chief Investment Officer located in Zurich, Switzerland, overseeing many investment strategies over a nine-figure asset base. In today’s interview, we focus mostly on his work within a quant hedge fund. We are covering many trading topics, including trend following strategies and equity momentum strategies. You can also find out why trading own money is not always the best option to do.Andreas is an author of international bestsellers titled Following the Trend and Stocks on the Move. These books present a quantitative approach to modelling the markets with extensive backtest results. You can al...
2019-02-261h 33System Trader ShowSTS 009 – Andreas Clenow: quant approach to trend following and equity momentum strategiesAndreas Clenow is a Chief Investment Officer located in Zurich, Switzerland, overseeing many investment strategies over a nine-figure asset base. In today’s interview, we focus mostly on his work within a quant hedge fund. We are covering many trading topics, including trend following strategies and equity momentum strategies. You can also find out why trading own money is not always the best option to do.Andreas is an author of international bestsellers titled Following the Trend and Stocks on the Move. These books present a quantitative approach to modelling the markets with extensive backtest results. You can al...
2019-02-261h 33System Trader Show#008 – Larry Connors: Buy the fear, sell the greedLarry Connors has over three decades of experience in the financial markets industry and is widely regarded as one of the leading professionals, especially when it comes to systematic quantified short-term trading.He is the author of many highly acclaimed books including “How Markets Really Work” and “Short Term Trading Strategies That Work“. Larry co-wrote “Street Smarts” with Market Wizard’s legend Linda Raschke. The Technical Analysis of STOCKS & COMMODITIES Magazine selected this book as one of “The Classics” for trading books written in the 20th century.Today we talk about his latest book, “Buy the fear, sell the greed...
2018-12-1732 minSystem Trader ShowSTS 008 – Larry Connors: Buy the fear, sell the greedLarry Connors has over three decades of experience in the financial markets industry and is widely regarded as one of the leading professionals, especially when it comes to systematic quantified short-term trading.He is the author of many highly acclaimed books including “How Markets Really Work” and “Short Term Trading Strategies That Work“. Larry co-wrote “Street Smarts” with Market Wizard’s legend Linda Raschke. The Technical Analysis of STOCKS & COMMODITIES Magazine selected this book as one of “The Classics” for trading books written in the 20th century.Today we talk about his latest book, “Buy the fear, sell the greed...
2018-12-1732 minSystem Trader Show#007 – Robert Pardo: legendary trader and long-term hedge fund managerRobert Pardo is a legendary trader and long-term hedge fund manager. He worked with global firms like Goldman Sachs and Dunn Capitals Management. He’s a pioneer in algorithmic trading and inventor of Walk Forward Analysis. Using his excellent trading system and sound risk management he made 142% return in 2008 and was a Trader of the Year – Futures 2008.Today we discuss various trading topics, including the reliable testing methodology — Walk Forward Analysis.Enjoy the show!
2018-11-261h 01System Trader ShowSTS 007 – Robert Pardo: legendary trader and long-term hedge fund managerRobert Pardo is a legendary trader and long-term hedge fund manager. He worked with global firms like Goldman Sachs and Dunn Capitals Management. He’s a pioneer in algorithmic trading and inventor of Walk Forward Analysis. Using his excellent trading system and sound risk management he made 142% return in 2008 and was a Trader of the Year – Futures 2008.Today we discuss various trading topics, including the reliable testing methodology — Walk Forward Analysis.Enjoy the show!
2018-11-261h 01System Trader Show#006 – Kevin Davey: world champion in futures algorithmic tradingKevin Davey is a full-time professional algorithmic trader, specialising mostly in futures. Using his trading systems he generated annual returns of 148%, 107% and 112% in three consecutive World Cup of Futures Trading Championships.Today we discuss various trading topics, including the reliable trading system development process, so that developed systems may look good not only on the past data.I encourage you to visit my website at systemtrader.show/006, where you can find more materials related to this episode.Enjoy the show!
2018-10-081h 39System Trader ShowSTS 006 – Kevin Davey: world champion in futures algorithmic tradingKevin Davey is a full-time professional algorithmic trader, specialising mostly in futures. Using his trading systems he generated annual returns of 148%, 107% and 112% in three consecutive World Cup of Futures Trading Championships.Today we discuss various trading topics, including the reliable trading system development process, so that developed systems may look good not only on the past data.I encourage you to visit my website at systemtrader.show/006, where you can find more materials related to this episode.Enjoy the show!
2018-10-081h 39System Trader Show#005 – Tom Basso: legendary trend followerTom Basso is another Market Wizard from a renowned Jack Schwager book series, which appears on my show. It is an unusual occasion to ask him how is he going after 26 years since the famous interview. How does he see the markets after such an extensive trading experience?Although he didn’t know too much about the British pound fundamentals or economy, he made a bunch of money at the same time when George Soros was shorting it. How he did it? Was it pure luck?No. My guest believes that big trends happen in the ma...
2018-09-112h 02System Trader ShowSTS 005 – Tom Basso: legendary trend followerTom Basso is another Market Wizard from a renowned Jack Schwager book series, which appears on my show. It is an unusual occasion to ask him how is he going after 26 years since the famous interview. How does he see the markets after such an extensive trading experience?Although he didn’t know too much about the British pound fundamentals or economy, he made a bunch of money at the same time when George Soros was shorting it. How he did it? Was it pure luck?No. My guest believes that big trends happen in the ma...
2018-09-112h 02System Trader ShowSTS 004 – Andrea Unger: 4-Time World Trading ChampionToday I have a great pleasure and honour to chat with Andrea Unger. He’s the only trader winning the World Cup Championships 4 times! Until now no one has achieved such thing except Andrea!He’s a fully systematic trader, and in this episode, he describes why he has chosen such trading approach.In this episode he talks about his procedure for building and testing mechanical systems, how to know when risking more is pointless, and many other topics.What I like especially very much in the way Andrea talks about trading, is that he’s...
2018-06-0359 minSystem Trader Show#004 – Andrea Unger: 4-Time World Trading ChampionToday I have a great pleasure and honour to chat with Andrea Unger. He’s the only trader winning the World Cup Championships 4 times! Until now no one has achieved such thing except Andrea!He’s a fully systematic trader, and in this episode, he describes why he has chosen such trading approach.In this episode he talks about his procedure for building and testing mechanical systems, how to know when risking more is pointless, and many other topics.What I like especially very much in the way Andrea talks about trading, is that he’s...
2018-06-0359 minSystem Trader ShowSTS 003 – Perry Kaufman: from the Apollo program to fully automated tradingToday I have a great pleasure to interview a true icon in the world of systematic trading. Ladies and gentlemen, today you can listen to my interview with Perry Kaufman!He began his career in the aerospace industry as a rocket scientist, and his work was used in the Apollo missions. He moved then to trading.His trading career began in 1971, in the futures market, and since the very beginning, he was involved in constructing algorithmic trading systems. He was working with the greatest CTAs and financial institutions.He’s an author of many hi...
2018-05-241h 09System Trader Show#003 – Perry Kaufman: from the Apollo program to fully automated tradingToday I have a great pleasure to interview a true icon in the world of systematic trading. Ladies and gentlemen, today you can listen to my interview with Perry Kaufman!He began his career in the aerospace industry as a rocket scientist, and his work was used in the Apollo missions. He moved then to trading.His trading career began in 1971, in the futures market, and since the very beginning, he was involved in constructing algorithmic trading systems. He was working with the greatest CTAs and financial institutions.He’s an author of many hi...
2018-05-241h 09System Trader ShowSTS 002 – Thomas Stridsman: an expert in short term trend following strategiesToday I have a great pleasure to interview Thomas Stridsman. He’s very well known in the industry of system trading, having over 20 years of experience. He was writing for Futures magazine in the 90s. He’s an author of two books: (1) Trading Systems That Work and (2) Trading Systems and Money Management.At the moment Thomas is running his fund at Alfakraft in Sweden, where he’s using strategies based on short-term trend following approach.In this episode, we talk about his approach to trading, the importance of position sizing, how to build a robust strategy and ar...
2018-05-241h 01System Trader Show#002 – Thomas Stridsman: an expert in short term trend following strategiesToday I have a great pleasure to interview Thomas Stridsman. He’s very well known in the industry of system trading, having over 20 years of experience. He was writing for Futures magazine in the 90s. He’s an author of two books: (1) Trading Systems That Work and (2) Trading Systems and Money Management.At the moment Thomas is running his fund at Alfakraft in Sweden, where he’s using strategies based on short-term trend following approach.In this episode, we talk about his approach to trading, the importance of position sizing, how to build a robust strategy and ar...
2018-05-241h 01System Trader Show#001 – Linda Bradford Raschke: a market wizard from the Wall StreetHello to everyone! Today we have an exceptional guest! Very renowned trader — Linda Bradford Raschke. Linda began her professional trading career in 1981 making markets in options, as a member of two exchanges. She became a registered CTA in 1992. Linda’s hedge fund was ranked 17th out of 4500 for best five years performance.Jack Schwager recognised her early success in his famous Market Wizards series. In this podcast, she describes her approach to trading and shares lots of tips how to become a professional trader.
2018-02-271h 24
System Trader ShowSTS 001 – Linda Bradford Raschke: a market wizard from the Wall StreetHello to everyone! Today we have an exceptional guest! Very renowned trader — Linda Bradford Raschke. Linda began her professional trading career in 1981 making markets in options, as a member of two exchanges. She became a registered CTA in 1992. Linda’s hedge fund was ranked 17th out of 4500 for best five years performance.Jack Schwager recognised her early success in his famous Market Wizards series. In this podcast, she describes her approach to trading and shares lots of tips how to become a professional trader.
2018-02-271h 24System Trader#005: Linda Bradford Raschke - czarodziejka z Wall Street (EN)Gościem dzisiejszego odcinka jest Linda Bradford Raschke, prawdziwa legenda w świecie tradingu. Obecna jest na rynkach finansowych od 1981 roku, posiada licencję CTA, czyli profesjonalnego doradcy inwestycyjnego w Stanach Zjednoczonych. Prowadziła swój fundusz hedgingowy, który był sklasyfikowany na 17 miejscu pośród 4500 innych funduszy, jako fundusz generujący najlepsze stopy zwrotu przez okres 5 lat.Jack Schwager dostrzegł talent Lindy już w 1992 roku, robiąc z niej jedną z bohaterek jego słynnej serii książek "Market Wizards" (Czarodzieje Rynku). Linda jest również współautorką bardzo cenionej książki "Street Smarts: High Probability Trading Strategies for the Futures and Equi...
2018-02-191h 25