My guests today are Michael Shannon and Jim Byers.
Shannon, an original Turtle trader trained by Richard Dennis. He was featured in Michael Covel's The Complete TurtleTrader.
Byers is a trader and investor. In the 2006-2008 period, Byers started studying trend following; since then, he's started a fund with his partner, Todd Miller.
The topics are the Turtle story and Trend Following.
In this episode of Trend Following Radio we discuss:
- Shannon's experience in the Turtle program with Richard Dennis and William Eckhardt
- Historical insights and anecdotes regarding the legendary Turtle story
- Shannon's unlikely background
- The personalities of Dennis and Eckhardt
- Why Turtles with outsider backgrounds were generally more successful; and whether or not Dennis and Eckhardt were inspired by the film, "Trading Places"
- How trend following can still be a winning game even if you aren't right the majority of the time
- More in depth "light bulb" moments that Byers has had since taking up trend following
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
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Hope you enjoy my never-ending podcast conversation!
