For those of you not already familiar with him, Robert Carver is an independent systematic futures trader, writer and research consultant. He is also currently a visiting lecturer at Queen Mary, University of London, and a research advisor to Stylus Digital, a hedge fund trading digital assets. Robert has authored several books including “Systematic Trading”, “Smart Portfolios”, “Leveraged Trading” and “Advanced Futures Trading Strategies”.
Until 2013 Robert worked for AHL, a large systematic hedge fund, and part of the Man Group. He was responsible for the creation of AHL’s fundamental global macro strategy, and then managed the funds’ multi-billion dollar fixed income portfolio. Prior to that Robert worked as a research manager for CEPR, an economics think tank, and traded exotic derivatives for Barclays investment bank. Robert has a Bachelors degree in Economics from the University of Manchester, and a Masters degree, also in Economics, from Birkbeck College, University of London
Show Notes
- Rob’s pivot from computer science to economics and eventually trading highlights the importance of adaptability in navigating career changes.
- He discusses how economic theories were applied, albeit limitedly, in practical trading decisions.
- He emphasizes the need for standardization of trading terminology across different trading communities to avoid confusion and misinterpretation.
- Robert discusses his background in institutional trading and his decision to venture into building his own systematic trading systems from scratch.
- He explains how his books originated from his hands-on experience, with the first book detailing the process of designing a systematic trading system and the second focusing on applying systematic strategies to long-only investments in stocks and ETFs.
- He emphasizes the importance of trend trading and momentum, detailing how he uses exponentially weighted moving average crossovers and carry strategies in his trading systems.
- Robert explains his belief in collecting risk premiums rather than seeking alpha and elaborates on concepts like momentum, carry, and skew as forms of risk premiums.
- He highlights the dangers of overfitting in backtesting, stressing the need for a deeper understanding of the process and avoiding common pitfalls like selecting models based on their past performance.
- Robert’s range of books on trading, focusing on different aspects like systematic trading, smart portfolios, leverage trading, and advanced futures strategies.
- He emphasize the varying accessibility levels of his books and recommendations on where to start for beginners.
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How to connect
- Website – https://systematicmoney.org
- On Facebook – https://www.facebook.com/Robert.Carver.Author/
- On Goodreads – https://www.goodreads.com/author/show/14163231.Robert_Carver
- On Twitter – https://twitter.com/investingidiocy
- On Linkedin – https://www.linkedin.com/in/robert-stuart-carver/
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