Our journey is grounded in the unforgettable story of Richard Dennis and William Eckhardt, who, in 1983, asked the question: Can trading be taught, or is it an innate skill? Their answer was to train a group of novices using a simple, rules-based approach to trend-following, giving each participant $1 million to manage. Inspired by a visit to a turtle-breeding farm in Singapore, Dennis famously declared, 'We are going to raise traders like they raise turtles.' This audacious experiment birthed some of the most successful traders in modern history, including Jerry Parker and Liz Cheval.
The Turtle Experiment wasn’t a Hollywood plot—it was real, and its disciplined, rule-based approach to trend-following created millions in wealth. Yet, despite its success, the strategy remains relatively unknown in Australia, where many still see it as fiction akin to Trading Places. We’re here to change that. At Aussie Turtles, our mission is to shine a spotlight on this investment method, bringing its benefits and principles to Australian investors.
Our journey wouldn’t be complete without acknowledging the influence of original Turtles like Jerry Parker. These pioneers, trained by Dennis and Eckhardt, have been instrumental in shaping the world of trend-following as we know it. Their continued success has inspired us to bring these principles to a new generation of traders and investors.
We’re here because we believe in the transformative power of trend-following. Our goal is to make this strategy accessible, relatable, and effective for a broad audience. Through Aussie Turtles, we’re building a community where investors can learn, connect, and thrive using one of the most enduring strategies in finance.
When we’re not working on Aussie Turtles, Adam and Richard are both dedicated professionals within the finance industry. You can find more about our professional experience on our CVs online, which outline decades of experience in financial markets and systematic trading.
To bring the Aussie Turtles experience to life, we’ll be hosting a series of events and training programs across Australia, as well as co-hosting events in Europe and the U.S. with our fellow Turtle traders. Keep an eye on our Events page, and join us in this extraordinary journey through trend-following. We can’t wait to meet you!
NEW RELEASE: The Aussie Turtles® Trend Following Guide is now available! Get Your Copy Here →