Join Rich and Adam — and this month, special guest Dr. Kevin Maki — for a deep dive into how investors think about trend following during drawdowns.

Kevin, a biomedical researcher turned evidence-driveninvestor, shares his perspective from the investor’s seat: how he evaluates managers, manages model degradation, and allocates capital with statistical discipline. From volatility targeting to momentum quality, this episode bridgesthe gap between classic trend following and quant-informed portfolio construction.

📢 Note: We had a few tech gremlins this episode, and unfortunately, Jerry dropped out due to connection issues partway through. He’ll be back in full force next month!

Also in this episode:

📉 Battle of the Trend Following Indexes: May's drawdown, dispersion, and potential turning points

📊 Platinum’s breakout, crude oil chaos, and why noise is drowning signal

🧠 How trend systems self-regulate via risk release mechanisms

🔬 Spotlight on win rates, standard deviation bands, and model robustness

💡 Why “momentum quality” could be a hidden edge

📈 How investors navigate tax-loss harvesting and drawdown allocation

Got questions for future episodes? Send them in! 🔗 https://www.aussieturtles.com/contact-us/

Catch all the episode details and more: 🌐 https://www.aussieturtles.com/turtle-talk/

Explore the Aussie Turtles project and how we’re keeping the spirit of classic trend alive: 🌐 https://www.aussieturtles.com

Reports discussed in this episode:

Battle of the Trend Following Indexes: https://www.aussieturtles.com/battle-of-the-trend-following-indexes-may-2025-2/

Rising Stars and Trend Titans: https://atstradingsolutions.com/rising-stars-and-trend-titans-may-2025/

#TrendFollowing #TurtleTalk #SystematicTrading#AussieTurtles #KevinMaki #ClassicTrend #Allocator #Investor

Join Jerry, Rich, and Adam — and this month, special guest Moritz Seibert — for a high-octane roundtable on classic trend following in turbulent times.Moritz, co-founder of Twoquants and CEO of Takahē Capital, dives into the launch of his new high-volatility “Global Markets Fund” and explains why he’s doubling down on pure trend. Together, we unpack April’s drawdowns, debunk the myth that drawdowns destroy compounding, and show why the real edge lies in embracing outliers — not taming them.Also in this episode:📉 Classic Trend Index vs SG Trend, BTOP, and T2U📊 Cocoa, JGBs, EUR/USD, and S&P 500 — What Moved the Needle🧠 “Loose pants” and the art of letting profits breathe🔥 Why many CTAs falter in flat regimes — and how classic trend fights back🧪 Spotlight on position sizing, fees, volatility targeting, and risk release🎯 Launch details of Moritz’s new fund (and why institutions aren’t invited)Got questions for future episodes? Send them in!🔗 https://www.aussieturtles.com/contact-us/Catch all the episode details and more:🌐 https://www.aussieturtles.com/turtle-talk/Explore the Aussie Turtles project and how we’re keeping the spirit of classic trend alive:🌐 https://www.aussieturtles.com#TrendFollowing #TurtleTalk #SystematicTrading #AussieTurtles #MoritzSeibert #ClassicTrend #VolatilityEdge

In this month's episode of Turtle Talk, Rich Brennan, Adam Havryliv, and trend-following legend Jerry Parker are joined by a very special guest — the one and only Salem Abraham — for a wide-ranging, candid, and often hilarious dive into the timeless world of trend following.

✅ How the Classic Trend Following approach holds up in messy, volatile markets — and why it's built for chaos, not calm.
✅ Battle of the Trend Following Indexes: March 2025 results — and why pure trend followers continue to show strength in adversity.
✅ Gold, Copper, and Commodities — Salem and Jerry break down real-world lessons from this year’s wild price action.
✅ MythBusters: The truth about “Crisis Alpha” — and why trend followers should stick to process over promises.
✅ Shell Mail Q&A — listener questions on robust system design, risk concentration, pyramiding trades, and more.

🎙️ It’s a must-listen for anyone who believes in letting profits run, cutting losses short, and thriving through uncertainty.

Got Questions?
Send them in, and we’ll try to feature them on the next episode!
🔗 Submit your questions here

Reports Mentioned in This Episode:
1️⃣ Battle of the Trend Following Indexes: March 2025

🎙️ Turtle Talk is here to equip traders and enthusiasts with the tools to succeed in the ever-evolving world of trend following. Make sure to subscribe, rate, and share the podcast!

🔜 Next Month: We’re thrilled to welcome Moritz Seibert to Turtle Talk — get your questions in early for another packed episode!

🔥 May the trend be with you! 🔥

Welcome to the inaugural episode of Turtle Talk!. Listen to Rich Brennan, Adam Havryliv, and trend-following legend Jerry Parker as they break down:

✅ The Battle of the Trend Following Indexes—how the Classic Trend Index stacks up against modern trend benchmarks.
✅ The biggest market movers in January—what’s driving performance, from the U.S. dollar surge to wild commodity trends.
✅ Rising Stars & Trend Titans—which traders are standing out in systematic trend following.
✅ Classic Trend Following vs. Modern Overlays—why sticking to the purest form of trend following matters.
✅ MythBusters: “Risk Management Will Kill You”—Jerry’s take on why excessive risk overlays could be ruining trend-following strategies.

We’re here to challenge conventional thinking, uncover market truths, and embrace the wiggly ride of true trend following.

Got Questions? Send them in, and we’ll try to feature them on the next episode!
🔗 Submit your questions here

1️⃣ Battle of the Trend Following Indexes: January 2025
🔗 Read the report

2️⃣ Rising Stars and Trend Titans: January 2025
🔗 Read the report

🎙️ Turtle Talk is here to equip traders and enthusiasts with the tools to succeed in the ever-evolving world of trend following. Make sure to subscribe, rate, and share the podcast!

🔜 Next episode: We put Salem Abraham under the spotlight—don’t miss it!

🔥 May the trend be with you! 🔥