Donald Trump: The Embodiment Of Trading Greatness

Paul Tudor Jones, Bruce Kovner, Jesse Livermore… forget about em.

The only name you need to know when it comes to trading greatness is Donald Trump.

He’s everything a trader should aspire to be. When it comes to having “strong opinions, weakly held”, Trump has EXTREMELY strong opinions, EXTREMELY weakly held.

At the beginning of his campaign, The Donald was 2000% sure that China was a currency manipulator. But after a single piece of chocolate cake with his new buddy Xi, China was a problem no more.

In fact, that piece of cake was SO good that Trump is now looking to improve trade relations with the country. Along with changing his stance on NATO, Trump has quickly transformed from a staunch isolationist against all imports (other than his wife) to an avid globalist.

That’s what makes him amazing. He has an ability to turn on a dime that is uncanny. You can never pin him down to one idea, because he’s always switching his stance. He’s more flexible than a Cirque du Soleil performer.

Some people call Trump a populist, changing his position to whatever the most people want, but that’s not true. In reality, he’s just extremely fallible.

Trump is a master of changing his mind as soon as “new” information becomes available.

Everyone thought Trump and Putin were best buds. But they quickly ate their words when Trump hit Syrian President Bashar al-Assad with a few Tomahawks.

Maybe Trump and Putin were friends at one time, but that was before Trump saw that infomercial of the Syrian kids. This “new” information forced him to rip off the friendship bracelet Putin gave him and take action.

See? Huuuuuuge amounts of fallibility.

As Stanley Druckenmiller once explained:

I’ve learned many things from [George Soros], but perhaps the most significant is that it’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.

In Trump’s case, it’s not about doing what’s right or wrong, but how much money (or votes) you come away with in the end.

If you want to be a great trader, you need to be like Trump. Start with your fallibility and then move on to fixing your hair.

Good luck!

We’re kidding. Obviously. To learn from the real trading greats, click here.

 

 

The Embodiment Of Trading Greatness

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Brandon Beylo

Value Investor

Brandon has been a professional investor focusing on value for over 13 years, spending his time in small to micro-cap companies, spin-offs, SPACs, and deep value liquidation situations. Over time, he’s developed a deeper understanding for what deep-value investing actually means, and refined his philosophy to include any business trading at a wild discount to what he thinks its worth in 3-5 years.

Brandon has a tenacious passion for investing, broad-based learning, and business. He previously worked for several leading investment firms before joining the team at Macro Ops. He lives by the famous Munger mantra of trying to get a little smarter each day.

AK

Investing & Personal Finance

AK is the founder of Macro Ops and the host of Fallible.

He started out in corporate economics for a Fortune 50 company before moving to a long/short equity investment firm.

With Macro Ops focused primarily on institutional clients, AK moved to servicing new investors just starting their journey. He takes the professional research and education produced at Macro Ops and breaks it down for beginners. The goal is to help clients find the best solution for their investing needs through effective education.

Tyler Kling

Volatility & Options Trader

Former trade desk manager at $100+ million family office where he oversaw multiple traders and helped develop cutting edge quantitative strategies in the derivatives market.

He worked as a consultant to the family office’s in-house fund of funds in the areas of portfolio manager evaluation and capital allocation.

Certified in Quantitative Finance from the Fitch Learning Center in London, England where he studied under famous quants such as Paul Wilmott.

Alex Barrow

Macro Trader

Founder and head macro trader at Macro Ops. Alex joined the US Marine Corps on his 18th birthday just one month after the 9/11 terrorist attacks. He subsequently spent a decade in the military. Serving in various capacities from scout sniper to interrogator and counterintelligence specialist. Following his military service, he worked as a contract intelligence professional for a number of US agencies (from the DIA to FBI) with a focus on counterintelligence and terrorist financing. He also spent time consulting for a tech company that specialized in building analytic software for finance and intelligence analysis.

After leaving the field of intelligence he went to work at a global macro hedge fund. He’s been professionally involved in markets since 2005, has consulted with a number of the leading names in the hedge fund space, and now manages his own family office while running Macro Ops. He’s published over 300 white papers on complex financial and macroeconomic topics, writes regularly about investment/market trends, and frequently speaks at conferences on trading and investing.

Macro Ops is a market research firm geared toward professional and experienced retail traders and investors. Macro Ops’ research has been featured in Forbes, Marketwatch, Business Insider, and Real Vision as well as a number of other leading publications.

You can find out more about Alex on his LinkedIn account here and also find him on Twitter where he frequently shares his market research.