SI93: Howard Mark’s latest memo, TESLA and Wirecard ft. Moritz Seibert

This week, we discuss the possible effects of recent bans on short selling, Howard Mark’s latest memo on the recent rally in asset prices, the Wirecard debacle of losing $1.9billion, Tesla’s ascension to having the largest market cap of all car manufacturers in the world, the benefits of Trend Following in a diversified portfolio, the power of non-correlated strategies combined, and the secret sauce of Trend Following. Questions we answer include: How do Central Bank policies affect Trend Following strategies? Are some markets more prone to trends than others? If you would like to leave us a voicemail to play on the show, you can do so here. Learn more about the Trend Barometer here. 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. And you can get a free copy of my latest book "The Many Flavors of Trend Following" here. Send your questions to [email protected] Follow Niels & Moritz on Twitter: @TopTradersLive, and @MoritzSeibert, 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. Episode Summary 0:00 - Intro1:40 - Howard Marks memo on the recent rally in asset prices (The Anatomy of A Rally)3:41 - Weekly review of returns7:31 - The banning of short-selling13:49 - Tesla trading above $1000 for the 1st time19:43 - Question One; Thomas: How do central bank policies affect Trend Following?36:45 - Question Two; Stratesdown: How many strategies should I run on each market?47:21 - Question Three; Brian: Are some markets more prone to trends than others?51:35 - Announcement of new Top Traders Unplugged mini-series53:11 - Performance recap Subscribe on: