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Topics:
- Misconceptions about Commodities
- Logic behind Nate’s Trades
- Nate’s Edge in Trading
- Palladium Trade Example
- Using Options to Hold Winners
- Trading around a Core Position
- NASCAR & Trading
Guest:
Nathaniel Polachek
Partner & Portfolio Manager at Commodity Asset Management
Record Date: 5/2/19
Rapid Fire:
Q. What Trader has influenced your life the most and why?
A. Ray Dalio
Q. What was one of the hardest things for you to overcome in Trading?
A. Ability to risk capital without 100% knowing the answer.
Q. How has your trading process evolved over the years?
A. Shorter term to longer term trading.
Q. What is one attribute that you believe every trader should have?
A. Passion for markets and Stamina.
Q. Favorite Book About Trading?
A. Margin of Safety.
Q. Favorite Movie or TV Show About Trading?
A. Paul Tudor Jones Documentary – 1987
Q. What’s the best advice you’ve received about Trading?
A. Relative returns don’t put gasoline in my yacht.
Q. If you can give a piece of advice to the younger you, what would it be?
A. The simplest ideas often produce the largest profits.
Q. If you had to elevator pitch me your edge trading, what would it be?
A. Diverse network coupled with alternative data.
Q. Favorite thing to do when not working?
A. Hanging with his kids ☺
Nathaniel Polachek’s Resources:
If you enjoyed this interview with Nathaniel & the topics discussed — be sure to listen to these other episodes with
Luke Gromen & Andrew Thrasher
Macro Philosophy – Luke Gromen
Active Portfolio Management — Andrew Thrasher