Episode 003: Featuring Special Guest Moritz Seibert – "Outliers, Drawdowns, and the Edge of Classic Trend"
In Episode 003 of Turtle Talk, Rich, Adam, and Jerry are joined by trend tactician Moritz Seibert for a wide-ranging, no-filter discussion on navigating drawdowns, unleashing outliers, and staying true to the classic trend code.
In this episode Rich Brennan, Adam Havryliv, and trend-following legend Jerry Parker are joined by a powerhouse guest: Moritz Seibert — co-founder of Twoquants and CEO of Takahē Capital — for a deep, candid, and refreshingly real dive into the sharp end of classic trend following.
✅ April’s Shakeout — What hit the Classic Trend Index, and why short-term pain is the price of long-term edge
✅ Markets in Focus — Cocoa, JGBs, Gold, EUR/USD, and the S&P 500: trend trades, whipsaws, and holding through chaos
✅ Volatility Targeting vs Outlier Hunting — Why dynamic sizing might be capping the very returns you’re chasing
✅ The Launch of Takahē’s High-Vol Fund — Moritz shares why he’s going all-in on raw, classic trend
✅ Drawdown Myths Debunked — The truth about compounding, closed equity, and using house money to swing for outliers
✅ Turtle Tidbits — Jerry slams the “down 50%, need 100%” cliché with pure trend logic
🎙️ This is a must-listen for traders, allocators, and purists alike — anyone who believes in rules, resilience, and the power of process.
Got Questions?
Send them in and you might feature in next month’s Shell Mail
🔗 Submit your questions here
🔎 Mentioned in this episode:
- Battle of the Trend Following Indexes: https://www.aussieturtles.com/battle-of-the-trend-following-indexes-april-2025/
- Rising Stars and Trend Titans: https://atstradingsolutions.com/rising-stars-and-trend-titans-april-2025/
🔥 May the trend be with you! 🔥
🎙️ Turtle Talk is here to equip traders and enthusiasts with the tools to succeed in the ever-evolving world of trend following. Make sure to subscribe, rate, and share the podcast!
