This podcast episode was released to premium subscribers on July 12 without ads or announcements. There are numerous other benefits for the premium service, which are spelled out on our Substack. Anthony Todd, the founder of Aspect Capital, joins the podcast to discuss the trend-following investment strategy he helped pioneer almost 50 years ago including where it might be particularly applicable in today’s markets. Content Highlights What is trend-following? Quick primer (1:06); What makes a trend? (5:23); What markets does Aspect Capital trade? (7:52); Current opportunities (9:11): Fixed-income (10:09); Agricultural commodities (10:58); Price action is paramount in the trend-following model, and it can lead to closing or reversing certain trades. For example, a bond rally... (14:15); Wait, so is trend-following anti-contrarian? (16:11); Background on the guest (21:24); His thoughts on artificial intelligence, or AI... (28:20); ...and on Bitcoin and cryptocurrencies (31:55). For More Information: Website: AspectCapital.com; LinkedIn: Aspect-Capital. Not investment advice.