TTU72: Adding Value to Your System ft. Mike Shell of Shell Capital Management – 2of2
In the second part of our talk with Mike Shell, we delve into the specifics of his program and why most of his clients have 100% of their investments with his firm. He discusses backtesting, risk management, and the differences between purely systematic systems and systems with a discretionary element. Listen in for an inside look at this fascinating firm.
-----
50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE
In This Episode, You’ll Learn:
- How people should look at Mike’s 10 year track record and how his models have evolved over that time.
- How much of the strategy is machine run and how much is human run.
- What he does when he backtest a system.
- How he started out as a chartist in the 1990s.
- What is it that he can’t systematize.
- The difference between a trader that is purely systematic and one that has a discretionary element, however small.
- How his investors use his program.
- What his approach to risk management is and how it plays out with his program.
- Why he doesn’t take on much short exposure.
- What’s the biggest challenge with his business right now.
- How to expand the customer base to investment advisors.
- What books Mike would recommend.
- What he’d do differently if he had to start all over today.
-----
Resources & Links Mentioned in this Episode
- Technical Analysis of the Financial Markets by John Murphy
- Market Wizards by Jack Schwager
- Trend Following by Michael Covel
Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.
IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.
And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.
Learn more about the Trend Barometer here.
Send your questions to info@toptradersunplugged.com
And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.
Follow Mike Shell on Linkedin.
Copyright © 2024 – CMC AG – All Rights Reserved
----
PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:
1. eBooks that cover key topics that you need to know about
In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here
2. Daily Trend Barometer and Market Score
One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here
3. Other Resources that can help you
And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here