020 - Perry Kaufman - A Wealth of Experience: Trading Diversified Strategies in Futures & Equities

In this episode of The Algorithmic Advantage, Perry Kaufman, author of "Trading Systems and Methods," shares his insights on systematic trading, portfolio construction, and risk management. Kaufman discusses the evolution of market efficiency, the importance of adapting trading strategies to changing market conditions, and his approach to selecting stocks and futures contracts based on system performance rather than underlying asset performance. He also delves into his strategies, including trend following, timing, and divergence, and emphasizes the significance of diversification and volatility adjustment in portfolio management. Kaufman also touches upon the role of AI in trading and shares anecdotes from his extensive career, providing listeners with valuable perspectives on building robust and adaptable trading systems.