164 Systematic Investor Series ft Richard Brennan – November 1st, 2021

This week, Richard Brennan joins us on the show to discuss how people can benefit from the effects of compounding while others end up a paying a price for it. We also cover some thoughts on ‘path dependency,' why those invested in stocks should diversify using Trend Following strategies, why stable returns can only be correctly judged over long time periods, how to analyse fund performance without being influenced by the effects of compounding, some thoughts on what is known as ‘geometric returns’, and we explain the term ‘ergodicity’. If you would like to leave us a voicemail to play on the show, you can do so here: https://www.speakpipe.com/ttuvoicemail Check out our Global Macro series here: https://www.toptradersunplugged.com/category/global-macro/ Learn more about the Trend Barometer here: https://www.toptradersunplugged.com/resources/market-trends/ IT's TRUE 👀 - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here: http://bit.ly/36bzny2 And you can get a free copy of my latest book "The Many Flavors of Trend Following" here: www.toptradersunplugged.com/book Send your questions to [email protected] Follow Niels & Richard on Twitter: @TopTradersLive & @RichB118 And please share this episode with a like-minded friend and leave an honest rating & review on iTunes so more people can discover the podcast.