Episode 003: “High Octane Classic Trend with Moritz Seibert”
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. https://www.youtube.com/watch?v=bHmK1uqRgcE 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/ 📡 Subscribe, rate, and share Turtle Talk — the podcast for those who thrive through uncertainty and live by the rules of robust trend. 🔥 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!
Episode 002: “Riding the Storm with Salem Abraham”
Episode 002: “Riding the Storm with Salem Abraham” In Episode 002 of Turtle Talk, Rich, Adam, and Jerry are joined by trend-following legend Salem Abraham for a no-holds-barred conversation about thriving in turbulent markets. They break down the latest trend-following index battle, tackle myths about crisis alpha, swap real-world war stories from volatile trades, and show why embracing uncertainty—not fighting it—is at the heart of true trend following. It’s raw, real, and pure trend DNA. https://www.youtube.com/watch?v=ctR-Po2cOeE Turtle Talk Episode 002: Riding the Storm with Salem Abraham In this month’s episode of Turtle Talk, Rich Brennan, Adam Havryliv, and trend-following legend Jerry Parker are joined by a very special guest — the one and only Salem Abraham — for a wide-ranging, candid, and often hilarious dive into the timeless world of trend following. ✅ How the Classic Trend Following approach holds up in messy, volatile markets — and why it’s built for chaos, not calm.✅ Battle of the Trend Following Indexes: March 2025 results — and why pure trend followers continue to show strength in adversity.✅ Gold, Copper, and Commodities — Salem and Jerry break down real-world lessons from this year’s wild price action.✅ MythBusters: The truth about “Crisis Alpha” — and why trend followers should stick to process over promises.✅ Shell Mail Q&A — listener questions on robust system design, risk concentration, pyramiding trades, and more. 🎙️ It’s a must-listen for anyone who believes in letting profits run, cutting losses short, and thriving through uncertainty. Got Questions?Send them in, and we’ll try to feature them on the next episode!🔗 Submit your questions here Reports Mentioned in This Episode:1️⃣ Battle of the Trend Following Indexes: March 2025 🎙️ 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! 🔜 Next Month: We’re thrilled to welcome Moritz Seibert to Turtle Talk — get your questions in early for another packed episode! 🔥 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! 🔥 May the trend be with you! 🔥
Episode 001: “The Classic Trend Addicts are Back”
Episode 001: “The Classic Trend Addicts are Back” In the debut episode of Turtle Talk, Rich, Adam, and trend-following legend Jerry Parker dive into the raw, unfiltered world of Classic Trend Following. They break down the latest trend-following index battle, spotlight rising stars, debunk common myths, and explain why chasing outliers—not smoothing returns—is the key to long-term success. No overlays, no shortcuts—just pure trend addiction! https://www.youtube.com/watch?v=W_uQfwVarKo Welcome to the inaugural episode of Turtle Talk!. Listen to Rich Brennan, Adam Havryliv, and trend-following legend Jerry Parker as they break down: ✅ The Battle of the Trend Following Indexes—how the Classic Trend Index stacks up against modern trend benchmarks.✅ The biggest market movers in January—what’s driving performance, from the U.S. dollar surge to wild commodity trends.✅ Rising Stars & Trend Titans—which traders are standing out in systematic trend following.✅ Classic Trend Following vs. Modern Overlays—why sticking to the purest form of trend following matters.✅ MythBusters: “Risk Management Will Kill You”—Jerry’s take on why excessive risk overlays could be ruining trend-following strategies. We’re here to challenge conventional thinking, uncover market truths, and embrace the wiggly ride of true trend following. Got Questions Send them in, and we’ll try to feature them on the next episode!🔗 Submit your questions here Reports Mentioned in This Episode 1️⃣ Battle of the Trend Following Indexes: January 2025🔗 Read the report 2️⃣ Rising Stars and Trend Titans: January 2025🔗 Read the report 🎙️ 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! 🔜 Next Month: We put Salem Abraham under the spotlight—don’t miss it! 🔥 May the trend be with you! 🔥
Aussie Turtles Cocktails
Aussie Turtles Cocktails An evening with, Jerry Parker, Moritz Seibert & Adam Havryliv with special guest Michael Covel At our Inaugural Aussie Turtles Event we will introduce you to: The most successful Turtle, Jerry Parker from Chesapeake Capital The 2 Quants, Moritz Seibert and Moritz Heiden from Takahe Capital Australian trend following manager, Adam Havryliv from East Coast Capital Management *** UPDATE: We are pleased to also have special guest, Michael Covel, join us for this event via live video link. Michael is a world renowned author best known for popularising the trend following trading strategy in his best selling books, Trend Following and Turtle Trader. *** Time: 6:00pm to 8.30pm Date: Thursday 16 November 2023 Location: Bibo Wine Bar, 7 Bay Street, Double Bay, Sydney Dress: Business Casual A 45-minute panel discussion will be held with Jerry Parker from Chesapeake Capital, Moritz Seibert from Takahe Capital and Adam Havryliv from East Coast Capital Management moderated by Richard Brennan from Aussie Turtles. The panel will discuss the systematic trend following investment style, and Jerry will describe the fascinating Turtle Experiment. The panel will then be available to chat with attendees for the remainder of the event. About Jerry Parker & Chesapeake Capital Corporation Jerry Parker is the founder and Chairman of Chesapeake Capital Corporation, a global investment firm that has been managing client capital for over 30 years. Chesapeake provides investors uncorrelated returns through consistency in approach across a broad range of global markets and variable market conditions. Jerry is a highly respected investor in the industry and is known for his unique trading style, which he developed after years of studying the markets. He is also a strong advocate for risk management and believes that it is essential for any successful investor. Under Jerry’s leadership, Chesapeake Capital has grown to become one of the most successful investment firms in the world. The firm has a long track record of success and has generated significant returns for its investors over the years. Jerry is also a philanthropist and is actively involved in supporting a number of charitable causes. He is a member of the board of directors of the Chesapeake Bay Foundation and the Johns Hopkins University School of Medicine. In addition to his work at Chesapeake Capital, Parker is also a frequent speaker and writer on investing topics. Jerry has been featured in numerous publications, including The Wall Street Journal, The New York Times, and Forbes. Chesapeake Capital Corporation’s trading methodology is long term trend following utilizing robust trading systems across a broadly diversified set of markets; put simply: Classic Trend Following. It is a systematic (i.e. rules-based) investment approach that focuses on capital preservation while attempting to provide positive annual returns. Utilizing diversification and robust systems, our goal is to maximize the profit in each trade by following the system entries and exits regardless of market conditions or temptations. More information on Chesapeake Capital Corporation: https://chesapeakecapital.com/ About The 2 Quants from Takahē Capital Moritz Seibert is the CEO/CIO of Takahē Capital. Moritz started investing in 1998 and began his professional career as a derivatives trader at HSBC in Germany. Later, he worked for RBS in the UK as well as in the USA, where he was responsible for the bank’s equity derivatives structuring business. Subsequent to RBS, Moritz co-founded Aquantum, a Munich-based systematic CTA focused on short-term trend following and commodity spread trading strategies. Between 2017 and 2022, Moritz was the CEO/CIO of Munich Re Investment Partners, a quantitative asset management company serving institutional clients globally. More recently, he was the CIO at Exponential Age Asset Management, a large digital asset fund of hedge funds. Moritz lives south of Munich, close to the mountains, with his wife and two kids. Next to trading he likes reading a good book and enjoys playing tennis. Moritz Heiden is Head of Quantitative Research at Takahē Capital. Moritz had his first glimpse at the investment world at the start of the GFC and quickly decided to return to university to pursue a PhD in statistics. Subsequent to grinding through the academic machine and publishing several papers on machine learning and volatility modelling, he completed his thesis on “asymmetry and nonlinearity in forecasting multivariate stock market volatility.” He started his non-academic career at a large German Asset Manager and moved on to Scalable Capital, Europe’s largest digital wealth manager to spend more time coding and implementing asset allocation strategies and trading algorithms for ETF-based retail portfolios. After Scalable, Moritz served as the Head of Quant Research at Munich Re Investment Partners and where he worked alongside the other Moritz on all research and trading related tasks. Moritz lives in Augsburg, close to one of the oldest private German breweries, with his wife. Takahē Capital offers 3 Programs which includes the Systematic Trend Program, the Spread Momentum Program and a consolidation of these programs into a single portfolio called the Global Quantitative Fund Program. The philosophy of ‘Classic Trend Following’ lies at the heart of all of these Programs. More information about Takahē Capital: https://takahe.capital/ About Adam and Richard from East Coast Capital Management (ECCM) Adam Havryliv is the founder and CIO of East Coast Capital Management (ECCM) where he is responsible for management and investment. Adam personally developed ECCM’s quantitative trading strategies. Prior to founding ECCM, Adam worked with Citi from 2007 to 2008 in the Investment Banking division where he was responsible for corporate derivatives and structured solutions. From 2005 to 2007, Adam was a Trader at Shell Cove Capital Management, executing global macro trading strategies. From 2004 to 2005, Adam worked at Goldman Sachs JBWere in the Equities Trading division.Adam holds a Bachelor of Commerce (Finance) degree from the University of New South Wales (UNSW), a Master of Business Administration (MBA) from the Macquarie Graduate School of Management (MGSM), and a Graduate Diploma of Psychology from the University of Sydney.In his spare time Adam can be found engaged with his passion for sailing on Sydney Harbour. Richard undertakes quantitative analysis for ECCM and works alongside Adam to market the ECCM systematic rules-based investment
