Jerry Parker - “To Me it Just Boiled Down to One Question… Will the Big Winners Pay for the Small Losses?” | #35

In this episode, Meb Faber welcomes Jerry Parker, renowned for his role in the turtle trading program. Jerry discusses his evolution from the program to founding Chesapeake Capital, sharing insights on trading strategies, challenges since 2008, and applying trend following across asset classes. He highlights the importance of diversification, contrasts shareholder yield with dividend stocks, and stresses investment discipline. Jerry also discusses managing market behavior, adapting to bull markets, and the impact of robo advisors. He concludes with advice for young traders, emphasizing mentorship and valuable tools.