Top Traders Unplugged
Discover the fascinating world of investing with Niels Kaastrup-Larsen and his remarkable co-hosts. Each week, we bring you compelling conversations with legendary investors, leading economists, masterful traders, and forward-thinking thought leaders. From Trend Following and Global Macro to Geo-Politics, Commodities, Quant Investing, Crypto, and Volatility, we uncover the strategies, stories, and lessons behind their success. Gain actionable insights from industry veterans as we celebrate their achievements and learn from their challenges. Stay ahead in the ever-evolving landscape of investing - tune in weekly and elevate your financial knowledge. For the latest episodes and expert insights, visit https://toptradersunplugged.com
Total Ideas
2
With Returns
2
Equal-Weighted Return
-0.02%
All Ideas (2)
2 Total
Pitfalls in Option Income Strategy ETF Returns
"The ETF gains 42% a year, but investors still lose money... because if most investors time their entries and exits poorly, their aggregated cash return can actually turn negative, even as the headline percentage return is high."
The discussion explains an apparent paradox in an option income strategy ETF, where the fund reports impressive headline returns (42% annually) but delivers negative cash returns to investors. This occurs because investor timing—buying in during drawdowns and selling before upswings—results in cash returns that can be significantly lower than the fund's overall performance. The insight serves as a cautionary note against relying solely on headline return figures.
Diversified Systematic Portfolio Positioning
"I'm currently long equities, long FX, long bonds. So quite a little bit short energy. ... and it looks like I'm short Bitcoin."
The speaker outlines his current systematic portfolio allocation, showing long positions in equities, FX, and bonds (mentioning instruments like Italian BTPs, US 30-year bonds, and Canadian tenure) while maintaining short positions in energy and Bitcoin. This diversified exposure reflects a risk-managed approach based on his trend-following strategy.