Show Notes
In today’s episode we talk with London Business School professor Alex Edmans. He has spoken at Davos, testified in the UK House of Commons and reached millions through his TED Talks. He joins the show to discuss his new book, THE MADNESS OF MARKETS, WHY SMART INVESTORS MAKE CRAZY DECISIONS AND HOW TO EXPLOIT THEM. Alex explains why “mood matters” for markets and the surprising relationship of football results and music playlists to market movements. We discuss why individual investors sometimes have an advantage over professionals in taking advantage of psychological biases and go through practical ways this can be implemented. ----- JOIN THE TREND FOLLOWING MANIFESTO BOOK LAUNCH LIST TO GET SPECIAL LOW PRICE ON OUR UPCOMING BOOK DURING THE FIRST WEEK! - CLICK HERE -----
Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website. IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here. And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here. Learn more about the Trend Barometer here. Send your questions to [email protected] And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast. Follow Kevin on SubStack & read his Book. Follow Alex on LinkedIn and Read his Book. Episode TimeStamps: 00:00 - Introduction and Alex Edmans’ new book The Madness of Markets 02:46 - How football results can move stock markets 07:16 - What Spotify playlists can tell us about investor sentiment 11:28 - Why individual investors may have an advantage over professionals 16:26 - Specialists, generalists and finding your investing edge 21:59 - When benchmarks make active managers too conservative 26:18 - Risk, alpha and the equity premium puzzle 30:07 - Why momentum works and when it crashes 35:35 - Where individual investors can exploit overlooked opportunities 37:48 - How round numbers influence buying and selling decisions 39:54 - The disposition effect and why investors hold onto losers 44:12 - Three practical ways to make better investment decisions 47:20 - Why writing down your investment thesis matters 52:08 - Outsourcing the ugly decisions 55:30 - AI, bubbles and the big market delusion 58:00 - Closing thoughts and where to find the book Copyright © 2026 – CMC AG – All Rights Reserved ---- PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey: 1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here 2. Daily Trend Barometer and Market Score One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here 3. Other Resources that can help you And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here Privacy Policy Disclaimer
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