Ep. 95: Chris Kacher and Gil Morales Interview with Michael Covel on Trend Following Radio

Kacher is the co-founder of TriQuantum Technologies, a holding company for KJA wherein he is the lead portfolio manager. Dr. Kacher's metrics have called every major top & bottom in bitcoin since 2011 to within a few weeks of the top. He was up in 2018 vs the average performing crypto hedge fund at -54% (PwC).

Morales was personally recruited by Bill O'Neil himself to join William O'Neil + Company, Inc. as a Vice -President and Manager of the Institutional Services Division, responsible for advising over 600 institutional investor clients, and as an internal portfolio manager responsible for managing a portion of the firm's proprietary, internal assets. From 1997 to 2005 he achieved a return of approximately 2100% in his portion of the firm's proprietary account. In 2004 he was named Chief Market Strategist at William O'Neil + Company, Inc.

The topic is their book In The Trading Cockpit with the O'Neil Disciples: Strategies that Made Us 18,000% in the Stock Market.

In this episode of Trend Following Radio we discuss:

The "O.W.L." ethos, and the story behind it
Reversion to the mean mentality, and how it can often be the kiss of death for traders and investors
Trading psychology, the idea that "you must lose to win", how the least important statistic is your percentage of gains v. losses in your trading account
Dealing with emotionalism and why clients often want to hear something that will make them feel better
Teaching people to let go of the news and simply watch the price action
Why people think that "this time is different", put their trust in the central economy, and why trend following will survive into the future
Understanding that investing is always a process of changing along the way
What mental clutter in the way of fears, biases, concerns and more can build up in the mind and get in the way of clear and decisive decision-making

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!