Trend Following With Michael Covel

My guest today is Nick Atkeson, a founding partner of Delta Investment Management, LLC. Mr. Atkeson has over 17 years of industry experience. Prior to founding Delta Investment Management, Mr. Atkeson was a partner and portfolio manager of Delta Force Capital, LLC, a San Francisco based hedge fund from 2006 to April 2009. The topic is his book Win By Not Losing: A Disciplined Approach to Building and Protecting Your Wealth in the Stock Market by Managing Your Risk. In this episode of Trend Following Radio we discuss: Momentum and streaks Some of the stories contained in Atkeson's book, including "Sonny" in Vegas and his ability to disrupt the earnings of the Rio Casino, and the idea of the "theo" Why people should invest at all Uncertainty in the markets, with jobs, and in retirement Market timing Asset allocation decisions Negative tail risk Black swans What happens when/if the US potentially defaults on its debt The idea of "systematic", taking your losses, and behavioral finance Loss avoidance How Atkeson