TTU78: If You Believe In Your Models, Never Deviate From Them ft. Kim Bang of Prolific Capital Markets – 2of2
In our second part of this conversation, we dive into the details of the program that Kim runs. We discuss why it’s important to stick with your models, even in times of severe drawdowns, and how Kim views risk. He also talks about the books and people that have inspired him in his career.
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50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE
In This Episode, You’ll Learn:
- The details behind the program Kim runs.
- What he feels about larger drawdowns.
- What kind of indicators goes into the models that he uses.
- Why he uses a non-cyclical approach to creating trading models.
- How he looks at volatility.
- What kind of mean reversion strategies he uses.
- How he responded to the Swiss Franc move.
- How Kim quantifies risk.
- How do you prepare for a drawdown when you haven’t gone through a significant one?
- How his firm comes up with new ideas and goes about doing research.
- The positives and challenges with working as a father and son team in the same firm.
- How he knows when a model has stopped working.
- What he is doing to launch his first fund.
- What questions investors should be asking in due diligence conversations with him.
- What books have impacted Kim’s career.
- How he sees the firm in the future.
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Resources & Links Mentioned in this Episode:
Books that have influenced Kim include Market Wizards, The Quants, and books by Ralph Vince.
Learn more about people who have inspired Kim, including Roy Niederhoffer, Welles Wilder, and John Henry.
Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.
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