Ep. 296: Ewan Kirk Interview with Michael Covel on Trend Following Radio

My guest today is Ewan Kirk, the head of Cantab Capital and has brought his firm from $30M AUM in 2006 to over $5B today. Kirk employs several strategies but clearly uses a trend following foundation.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

  • How consistent and predictable profits are the Holy Grail–you’re never going to get there
  • Kirk’s background
  • Why computer programming is “today’s literacy”
  • Standing out from the crowd
  • Trend following in the European scene vs. America
  • Weighting positions based on risk
  • Talking to clients and explaining that losses are statistically inevitable
  • Whether the demand for discretionary traders is waning
  • How discretionary traders look at a trader like Kirk who is 100% systematic
  • Why discretionary intervention in a systematic trading strategy disqualifies it from being truly systematic
  • Proving a strategy as broken rather than proving that it’s right
  • Why randomness is everything
  • Uncertainty and convictions about technique
  • Capturing the realism of the world in your trading strategy
  • What actually benefits the economy, society, and the world
  • Seeking client feedback and understanding a client’s drivers
  • The importance of consistent marginal improvements

Jump in!

---

I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!