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Ep. 222: Martin Bergin Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following
Michael Covel's Trend Following
Episode • Mar 23, 2014 • 33m

My guest today is Martin Bergin, CEO of Dunn Capital Management. Bill Dunn and Dunn Capital were famously profiled in Covel’s book Trend Following and they have a 39 year track record of trend following performance.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

  • The early stages of Dunn Capital, and how it arrived where it is today
  • Trend following with futures
  • Volatility within Dunn’s system, and why volatility is important to the overall performance
  • Targeting losses
  • How history informs system creation
  • Adapting to the marketplace and to available technology
  • What it means to be 100% systematic with no overrides
  • Defining “black box” systems, and the difference between Dunn Capital’s strategy and black box strategies
  • Location in relation to Dunn Capital, and why it isn’t necessary to be in a big city like London or Tokyo
  • How the core of Dunn Capital has stayed the same while certain aspects of business has evolved
  • Decreasing drawdown without decreasing profitability
  • Behavioral finance and dealing with biases
  • The adaptive nature of trend following
  • Predictive vs. reactive trend following
  • Dunn Capital’s fee structure

Jump in!

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I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

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