40 Years of Trend Following with Jerry Parker | Top Traders Unplugged 145

Jerry Parker, Founder of Chesapeake Capital is perhaps the most successful of the famous group of Turtles, and today we discuss what he has learned from his 40+ years love affair with Trend Following, and how he has evolved his CTA program. We debate the challenges of using the Sharpe Ratio and what improvement really look like, how he uses volatility in his trend following process and the conflicts that can arise when working with clients. We also find out why Jerry believes you can be a good manager without using stops even if this is not how he does it, why he believes in trend following plus nothing, why he felt he had no choice than to launch an ETF with that name and much more.
#toptraders #investing #trendfollowing
Episode Summary
02:58 - Introduction to Chesapeake Capital
07:02 - Jerry's key trend following learnings
12:54 - Jerry's investment philosophy
17:02 - Being evolutionary without too much tinkering
22:09 - Advice on running a trend following program
26:48 - Their process for selecting parameters
32:15 - What does an improvement look like...if not a higher Sharpe?
39:25 - The role of volatility in the trend following process
44:41 - The challenges of working with clients
48:51 - What if everyone was a trend follower?
54:21 - Can you be a good manager without using stops?
57:05 - Why are the other CTAs "wrong"?
01:04:33 - Trend following disagreements
01:06:42 - Excitements for the future
01:08:23 - Final thoughts
Full episode can be found here:
toptradsersunp...
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Jerry Parker: chesapeakecapi...

[@zoranarnautovic6145]

Jerry is till the King , end of story .

[@westnash]

I believe everything Jerry says but what I dont find is that neither Jerry or other turtles are willing to teach others the rules that Rich and William taught them. What am I missing here?

[@naghulmx5762]

To be frank what ever Richy Dennis thought these people is published in many books and research papers.

[@edudgreat9931]

I don't think he will teach us what he learned in trading