The Meb Faber Show Podcast: Managing Risk Starts with Imagining the Unimaginable. January 2021
Salem joins Meb Faber on The Meb Faber Show podcast.
"In today’s episode, we’re talking with Salem about a lifetime of trend-following. Salem explains how a chance meeting with Turtle Trader Jerry Parker was his first encounter with ideas he would build his career on. We talk about the importance of risk management and diversification by utilizing assets other than equities. Then he explains how his relationship with the late Boone Pickens led to a foundation that had such good returns that he opened it up to the public and runs to this day. We touch on asset classes ranging from the dollar, bitcoin, farmland, and even trailer parks.
As we wind down, we hear how the hedge he put on in February turned $200,000 into $6 million in 37 days, returning 30x his money."
This podcast was produced by a third-party and was not produced by Abraham Trading Company ("ATC"). ATC's trading strategies may not be suitable for all readers. All of the trading strategies utilized by Abraham Trading Company are speculative and subject to significant risk of capital loss. No representation is being made that an investor will or is likely to achieve profits similar to those achieved in the past. As with all investments, the risk of loss in trading these investments can be substantial. People can and do lose money. Carefully consider your personal financial situation and your risk tolerance before investing.
ATC has sought to verify the completeness and accuracy of the information and statistics provided by ATC and/or third parties. However, ATC does not warrant that information and materials created by third-parties or itself are error free. ATC, including but not limited to all associated persons and employees of ATC, is held harmless and without liability for any direct, indirect, or consequential loss arising from any use of or reliance on the information contained in materials, articles, or media. Materials, articles, or media created by third-parties or by ATC regarding ATC and its services should NOT be considered authoritative or a substitute for the exercise of your own skill and judgement in making any investment or other decision. Any opinions of third-parties included in such materials, articles, and media are the opinions of the third-party and should be treated as opinions only. Any opinions by ATC or its associated persons on this website, in these materials, or in any related media, are the opinions of ATC and its associated persons and should be treated as opinions only.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
Subscribe for the latest updates.
By providing your email, you will receive our email updates.