Steve Brechtel's guest appearances

Steve Brechtel

Michael Covel's Trend Following

Elon Musk

Daniel Kahneman

Tim Ferriss

Tyler Cowen

Annie Duke

Michael Mauboussin

Steven Pinker

Mark Manson

Jim Rickards

Chris Ryan

Chris Ducker

Rich Karlgaard

Cal Newport

Vanessa Van Edwards

Nir Eyal

OwlTail

Michael Covel

My guest today is Steve Brechtel. Over the past 20 years Brechtel has worked as a trader for three of the top 100 hedge funds in the world: Trout Trading (now Tewksbury Capital) in Chicago and Bermuda, Crabel Capital in Milwaukee, and now Two Sigma in NYC (a $10 billion fund) -- all short-term systematic funds. The topic is trading. In this episode of Trend Following Radio we discuss:  Brechtel's history, from his beginnings roughing it as a Pizza Hut manager while working an insurance job, to finding his way to Monroe Trout, to working at Crabel, to his career at Two Sigma today History in Virginia Why he was hired at Monroe Trout in the first place as a new trader and the advantages of having a beginner's mind The difference between the short term/systematic traders that Brechtel worked for and the longer term trend following Covel talks about The six strategies Brechtel learned trading the pits What's changed and what's the same now that technology has evolved Ayn Rand, objectivism, and Trout Brechtel's transition from Trout to Crabel, and the differences between these two firms His work at Two Sigma today Brechtel's screenplay ("Unhedged") using hedge funds and high finance as its backdrop Writing the script, how his movie differs from other Wall Street movies Covel talks with him about his experience in making his own documentary, "Broke: The New American Dream"  Jump in! --- I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

My guest today is Steve Brechtel. Over the past 20 years Brechtel has worked as a trader for three of the top 100 hedge funds in the world: Trout Trading (now Tewksbury Capital) in Chicago and Bermuda, Crabel Capital in Milwaukee, and now Two Sigma in NYC (a $10 billion fund) -- all short-term systematic funds. The topic is trading. In this episode of Trend Following Radio we discuss: <ul> <li>Brechtel's history, from his beginnings roughing it as a Pizza Hut manager while working an insurance job, to finding his way to Monroe Trout, to working at Crabel, to his career at Two Sigma today</li> <li>History in Virginia</li> <li>Why he was hired at Monroe Trout in the first place as a new trader and the advantages of having a beginner's mind</li> <li>The difference between the short term/systematic traders that Brechtel worked for and the longer term trend following Covel talks about</li> <li>The six strategies Brechtel learned trading the pits</li> <li>What's changed and what's the same now that technology has evolved</li> <li>Ayn Rand, objectivism, and Trout</li> <li>Brechtel's transition from Trout to Crabel, and the differences between these two firms</li> <li>His work at Two Sigma today</li> <li>Brechtel's screenplay ("Unhedged") using hedge funds and high finance as its backdrop</li> <li>Writing the script, how his movie differs from other Wall Street movies</li> <li>Covel talks with him about his experience in making his own documentary, "Broke: The New American Dream"</li> </ul> Jump in! --- I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: <a href="https://www.trendfollowing.com/trend/" rel="noopener nofollow" target="_blank">https://www.trendfollowing.com/trend/</a> You can watch a free video here: <a href="https://www.trendfollowing.com/video/" rel="noopener nofollow" target="_blank">https://www.trendfollowing.com/video/</a> Can’t get enough of this episode? You can choose from my thousand plus episodes here: <a href="https://www.trendfollowing.com/podcast" rel="noopener nofollow" target="_blank">https://www.trendfollowing.com/podcast</a> My social media platforms: Twitter: <a href="https://twitter.com/covel" rel="noopener nofollow" target="_blank">@covel</a> Facebook: <a href="https://www.facebook.com/trendfollowing/" rel="noopener nofollow" target="_blank">@trendfollowing</a> LinkedIn: <a href="https://linkedin.com/in/covel/" rel="noopener nofollow" target="_blank">@covel</a> Instagram: <a href="https://www.instagram.com/mikecovel/" rel="noopener nofollow" target="_blank">@mikecovel</a> Hope you enjoy my never-ending podcast conversation!

Ep. 56: Steve Brechtel Interview with Michael Covel on Trend Following Radio