Trend Following Solutions | feat. Marty Lueck | Top Traders Unplugged 130

Today, we are joined by Marty Lueck, Co-Founder of Aspect Capital, for a conversation on their systematic investment process, with a primary focus on research. We discuss why bias is a core element of Aspect Capitals investment philosophy, the essence of trend and why trend strategies work as weill as how they work together with their investors to create the most optimal portfolio for them. We also explore Lueck's analogy of trend as "medicine" and why it is important to give the medicine time to do its work. We continue with topics such as how trend following as a strategy has evolved over time and how they feel about the newest CTA replication products, their reasoning for being cautious about using machine learning and, why they chose not to dwell too much on fees, how they guide their clients when it comes to return expectations and much more. #toptraders #investing #trendfollowing #cta Episode Summary 02:57 - Introduction to Aspect Capital 06:54 - Their Investment Philosophy 09:56 - Why does trend strategies work? 13:12 - A less uncertain period 15:44 - Too concerned about the sharpe? 20:38 - Which trends are most popular? 23:01 - Costumization - is there a limit? 28:58 - Staying diversified and improving models 34:33 - The research process 37:29 - A change in models? 40:15 - CTA Replication - good or bad idea? 46:01 - Their perspective on machine learning 49:33 - The risks of trend following 51:45 - Manipulated markets 53:04 - Their perspective on capacity and fees 56:26 - Setting expectations 59:05 - Simple vs. sophisticated 01:00:03 - Trend following disagreements 01:01:34 - Last words 01:04:01 - Thanks for listening === Subscribe to our podcast: iTunes: https://itunes.apple.com/us/podcast/t... Spotify: https://open.spotify.com/show/2OnOvLb... Follow us on social media: TWITTER:   / toptraderslive   (@TopTradersLive) FACEBOOK:   / toptradersunplugged   INSTAGRAM:   / toptradersunplugged   SOUNDCLOUD:   / toptradersunplugged-com   Aspect Capital: https://www.aspectcapital.com/team/