Join Rich Brennan, Adam Havryliv, and Jerry Parker for a packed end of year episode of Turtle Talk. No guests this time, just the three of us digging into markets, exploring deep structural ideas, and sharing fresh insights from the worlds of trend following, diversification, and outlier hunting. This one is full of charts, data, lived experience, and a few laughs along the way.
In this episode:
📊 Battle of the Trend Following Indexes – October 2025 Review Classic Trend Index edges back into positive territory for the year. We walk through the latest numbers, the recovery from the mid year drawdown, and why outlier oriented programs continue to pull away from their higher Sharpe peers.
📈 What’s Moved the Needle Violent retracements in precious metals, deep reversals in cattle, and cycle high yields in the Japanese bond market. Jerry, Adam, and Rich break down the charts and discuss why trading through the noise requires loose pants, strong rules, and zero emotion.
🐢 Extended Turtle Tidbits A four part deep dive featuring: • Why Outlier Hunters Win Across Full Cycles, including calm world vs rough world dynamics and the geometry of compounding • One Hundred and Twenty Five Years of Crisis, and what history reveals about market structure, drawdowns, and fat tails • Diversification for Outlier Hunting, and why classic trend followers play a different game • Is Trend Following an Infinite Money Glitch, and what truly drives long term robustness
💬 Shell Mail (Q&A) Listener questions on stability, fragility, valuation extremes, diversification, and how to think about trend following when markets appear to be defying gravity.
🌐 Episode Resources Classic Trend Index: https://classictrendindex.com Aussie Turtles: https://www.aussieturtles.com ATS Trading Solutions: https://atstradingsolutions.com Send your questions: https://www.aussieturtles.com/contact
As our final episode for 2025, we want to thank every listener, supporter, and fellow trend follower who has joined us this year. From the three of us at Aussie Turtles, we wish you a very happy Christmas and a great New Year. We look forward to seeing you again when Turtle Talk returns in January.
#TurtleTalk #TrendFollowing #OutlierHunter #AussieTurtles #SystematicTrading #JerryParker #CTA #MarketStructure
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
My Favorite Murder with Karen Kilgariff and Georgia Hardstark
My Favorite Murder is a true crime comedy podcast hosted by Karen Kilgariff and Georgia Hardstark. Each week, Karen and Georgia share compelling true crimes and hometown stories from friends and listeners. Since MFM launched in January of 2016, Karen and Georgia have shared their lifelong interest in true crime and have covered stories of infamous serial killers like the Night Stalker, mysterious cold cases, captivating cults, incredible survivor stories and important events from history like the Tulsa race massacre of 1921. My Favorite Murder is part of the Exactly Right podcast network that provides a platform for bold, creative voices to bring to life provocative, entertaining and relatable stories for audiences everywhere. The Exactly Right roster of podcasts covers a variety of topics including historic true crime, comedic interviews and news, science, pop culture and more. Podcasts on the network include Buried Bones with Kate Winkler Dawson and Paul Holes, That's Messed Up: An SVU Podcast, This Podcast Will Kill You, Bananas and more.