Richard Brennan

Rich Brennan, an experienced systematic investor and trend follower, delves into market dynamics, arguing that movements arise from impact and memory rather than randomness. He explores the concept of reflexivity, explaining how single trades reshape market structures. Rich also discusses the significance of fractals in understanding market trends and the implications of non-ergodicity. Position sizing strategies come to the forefront as he highlights the importance of survival in a fractal market over traditional statistical methods.