TTU44: Buy Low & Sell High: Is It Really That Easy? ft. Mark Whitmore of Whitmore Capital Management – 2of2
发布时间 2014-11-13 05:27:00 来源
摘要
In the second part of our conversation with the founder of Whitmore Capital Management, we learn the daily challenges, and lessons learned right from the founder and owner of a fledgling firm. We dive into discussions on risk management, drawdown, attracting outside capital, and much more.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder ToolIn This Episode, You’ll Learn:How many currencies Mark trades and if he thinks he will trade more in the future.About how he diversifies his system.A case study of the Russian Ruble.His use of charts when looking at currencies.A discussion of cognitive biases.How he compares his system to trend following and how the two models can work in harmony.How he enters and exists a trade using his system.Why he is an “every end of two weeks” trader.How much capital he would like his strategy to manage and how much it can feasibly manage.How he defines risk and manages risk.How he deals with drawdowns as a fund manager.What he learns from going through drawdowns.How he goes about doing research for his strategy without a research team.How he sees red flags in his strategy and when he has changed his model.How Mark goes about marketing and getting interest from investors in his strategy and fund.How he plans to avoid becoming more risk averse as the firm grows.What he thinks about the “key man” issue and what he is doing to plan for the eventuality of leaving his business to someone else.How he decided the location of his business.What the hardest thing will be for him as he tries to grow the business.What investors should be asking him that they are not.What it takes to become a great trader in Mark’s view.What he learned from the baseball card market in the US during his university years.What he has learned from past failures.His favorite books and why he recommends them.-----ATTENTION TTU TRIBE : SIGN-UP for Rick Rule's Symposium: Once in a life-time natural resource insights from the BEST investors in the world via a first-class livestream or Live event!Resources & Links Mentioned in this Episode:Mark has authored many white papers on currencies, including:Currency Investing: An Alpha-Rich EnvironmentHow to Invest When Both Stocks and Bonds are OverpricedThe Case for Currencies as an Asset Class Becomes StrongerBooks that Mark mentions and recommends:Winning The Loser’s GameThe Obstacle is The Way<a href="http://www.amazon.com/Economics-One-Lesson-Shortest-Understand/dp/0517548232" rel="noopener noreferrer"...
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