Brian Gordon, CLTC’s Post

How to discover the unique value you bring to the market, the real USP. Tap the link below to listen to the show. https://lnkd.in/dN3qRRwB

Should you follow up or follow through? What's the difference? Does it matter if you're checking up on someone you hope to do business with? Or should you wait ONLY until you have specific agendas and milestones in the relationship that you need to discuss? Tap the link below to listen to the show. https://lnkd.in/dXbaunfE

In today's Roundtable episode, Mark and the Geeks discuss if politics matter and how does it affect the land business. Listen in as the geeks discuss: ● How the election can affect the land business. ● How to do well in the land business. ● How boring the land business is. Mark also discussed the importance of doing the fundamentals. https://lnkd.in/gwWx62zR

An insightful discussion with Christine Lagarde on stabilizing inflation and the crucial need for global governance of AI. As we face unprecedented economic challenges, it's essential to prioritize human welfare in our technological advancements. Let's ensure that innovation serves to uplift workers rather than diminish their roles. How do you think AI will impact job security in the coming years? #Economy #Inflation #ArtificialIntelligence #Leadership #GlobalGovernance

What to do to harm your business this year... Tap the link below to listen to the show. https://lnkd.in/dSGKGN-4

"Anticipation or Fear?" CSC Talk Radio # 3546 – December 30, 2024 - As we rapidly approach (it seems faster every year) the end of another year… what will 2025 bring? Are you in fear of what is ahead… that unknown? OR are you anxiously anticipating what’s around the corner in 2025? Perhaps a little of both? Of course we should not live in fear of tomorrow. We are told to be prepared for the unknown, that is biblical, NOT to horde but to store up… keep that oil and the wicks readily available. The world is in chaos – due to political ideals being forced upon the United States of America. Who is running the ship in D.C. – we know it isn’t Joe Biden. Even on a good day he’s only capable of reading a teleprompter with only a few gaffs. Today's podcast: https://lnkd.in/gawqthzC LIVE shows normally, usually, most often START at 10:06 AM CT M-F. WATCH the show on FACEBOOK: https://lnkd.in/giStbPeC (audio muted during commercial breaks) LISTEN to the SHOW on our WEBSITE: https://lnkd.in/gyiN-dce https://csctalkradio.com/

Such insightful discussion about Inflation, market economy & AI!

A farmer throws many seeds, a tennis player hits more than one ball, and a trend following trader places many probing bets in the markets, using a consistent risk budgeting framework for statistical equality. Where we, that is Jerry Parker, Richard Brennan, and Simon M., all agree, is this: Diversification benefits are gratis. There’s no cost other than having the computer run a few more lines of code. In my experience, MORE is better with respect to the number of: 1. systems we trade, each with a clear design and edge. 2. markets we trade using the systems mentioned under 1. 3. trading speeds we use across these systems and markets. All the points 1-3 increase our total sample size and, as a result, improve the statistical body of evidence, which is our compass. It reduces the role of luck, improves robustness, and increases the consistency with which we can extract our trading edge in the markets. On the other hand, LESS is better when it comes to the number of parameters on which a system depends. More parameters increase the risk of over-optimization, reduce sample size, and demand an almost exact replay of historical price sequences, which is very unlikely. Less is also better with respect to overlays that aren't rooted in the core system logic. If your edge is in following and exploiting price trends, you may want to keep things pure and stay focused on the objective rather than use overlays that add mean-reverting trades (—> early profit taking) to a method which is meant to do the opposite. Or: Trade the overlay on a standalone basis, i.e., decouple it like a satellite from the core, to see what its true and pure edge is. These are some of the topics we discussed here: https://lnkd.in/d5sWezkZ Yesterday, on 13 May 2024, cocoa July futures dropped about 20% in a single session. Boom. Our trend system is long cocoa, so that move went against us. However, we trade about 100 different markets, i.e., cocoa is one position out of many. Overall, we lost 13 basis points yesterday, no big deal. Sometimes, we hear that trading many markets results in performance dilution, and that this sort of dilution is bad. And yes, trading many markets can dilute the impact of big outlier trades relative to a portfolio that trades a lesser number of markets - depending on how positions are sized initially and also depending on how, or whether, positions are dynamically adjusted over time, e.g., in response to changing volatility of correlation patterns. However, the opposite of dilution is concentration. Viewed from this PRESENT point of time, and looking back over the past couple of months, you would have liked to be massively long cocoa and for cocoa to be the dominant position in your portfolio. This view however isn’t the correct one as far as all possible FUTURE points in time are concerned, as yesterday's cocoa price move has shown. Personally, I like it when the impact of our many losing trades get diluted.

Does turning your passion into a business guarantee that you'll have fun doing it always? Tap the link below to listen to the show. https://lnkd.in/gQ3xiGMX

You should only be spending your time and money on things that are worth it. Tap the link below to listen to the show. https://lnkd.in/dksCgPNG