What podcasts say about Richard Brennan

Every statement, with the speaker, the exact quote and the moment it was said.

What Richard Brennan has said on podcasts

23 statements · 11 positive · 7 negative · 2 mixed · 3 neutral

on Federal Reserve interest ratesNegativeSep 19, 2026· Top Traders Unplugged
The Federal Reserve will raise interest rates.
“The Fed... No doubt they will put up interest rates.”
Listen at 14:34
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Federal Reserve interest ratesNegativeSep 19, 2026· Top Traders Unplugged
The Federal Reserve will probably raise rates again in December.
“I think also December they probably will put it up again.”
Listen at 14:38
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Trend followingPositiveSep 19, 2026· Top Traders Unplugged
The current challenging economic period will benefit trend following.
“it's going to be beneficial for trend following.”
Listen at 14:47
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Partial-profit-takingPositiveSep 19, 2026· Top Traders Unplugged
Taking partial profits converts open gains into redeployable closed equity.
“taking partial profits does convert open profit. into closed equity that can therefore be redeployed.”
Listen at 17:45
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Partial-profit-takingPositiveSep 19, 2026· Top Traders Unplugged
Taking partial profits can reduce drawdowns and smooth returns.
“It can also reduce drawdowns and produce a smoother return path.”
Listen at 17:53
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Partial-profit-takingNegativeSep 19, 2026· Top Traders Unplugged
Partial profits reduce exposure to exceptional trades driving long-term results.
“we are reducing our exposure to those small number of exceptional trades that might drive much of the long-term result.”
Listen at 18:03
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Trend-following outlier tradesNeutralSep 19, 2026· Top Traders Unplugged
Trend-following outlier trades are infrequent and statistically scarce.
“the outliers we are depending on are so infrequent and few and far between.”
Listen at 18:53
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Trend-following backtestsNegativeSep 19, 2026· Top Traders Unplugged
Backtests cannot reliably predict future exceptional-trend frequency or magnitude.
“it can't tell us reliably how many exceptional trends the future will contain or how large they'll become.”
Listen at 19:15
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Market-event sample sizeMixedSep 19, 2026· Top Traders Unplugged
Larger samples inevitably reveal increasingly large positive or adverse events.
“as the sample size increases, we inevitably get these bigger and bigger events, either positive or adverse.”
Listen at 19:42
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Trend-following market outcomesMixedSep 19, 2026· Top Traders Unplugged
Future markets will contain both larger drawdowns and larger positive outliers.
“We get bigger drawdowns in the future. We also get bigger outliers, positive beneficial outliers in the future.”
Listen at 19:51
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Partial-profit-takingNegativeSep 19, 2026· Top Traders Unplugged
Taking partial profits can compromise the objective of capturing outlier trades.
“if we do do what John suggests, we certainly can compromise that objective.”
Listen at 20:26
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Outlier-trade exposurePositiveSep 19, 2026· Top Traders Unplugged
Richard Brennan recommends avoiding actions that could miss enormous trend trades.
“I don't want to miss out on that potentially enormous trade”
Listen at 20:48
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Increasing returnsPositiveSep 19, 2026· Top Traders Unplugged
Increasing returns explain technological improvements and Amazon and Google’s success.
“that explains so much of the tech race. technological improvements, Amazon's success, Google's success.”
Listen at 43:58
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on VHSPositiveSep 19, 2026· Top Traders Unplugged
VHS achieved broader adoption than Betamax.
“VHS secured far broader adoption.”
Listen at 44:46
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on VHSPositiveSep 19, 2026· Top Traders Unplugged
VHS adoption attracted content, which further increased user adoption.
“More users attracted more content, and more contact attracted more users.”
Listen at 45:02
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on AmazonPositiveSep 19, 2026· Top Traders Unplugged
Amazon’s success reflects a path-dependent effect.
“the success of Amazon, you know. It's a path-dependent effect”
Listen at 48:22
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Artificial intelligence and the internetNegativeSep 19, 2026· Top Traders Unplugged
Modern AI would not have emerged without the internet.
“AI wouldn't have come around today if there wasn't an internet.”
Listen at 48:51
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Technology adoptionPositiveSep 19, 2026· Top Traders Unplugged
Adoption helps determine which technology becomes the winner.
“adoption helps create the winner.”
Listen at 49:11
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Technology adoptionPositiveSep 19, 2026· Top Traders Unplugged
Small early advantages can create environments that continue favoring one technology.
“a small early advantage created that environment that continued to favor the same technology.”
Listen at 49:26
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Rising asset pricesPositiveSep 19, 2026· Top Traders Unplugged
Rising prices can attract capital, strengthen collateral, and encourage further buying.
“a rising price improves the performance of existing holders. That may attract fresh capital to those holders of that capital. It strengthens collateral. It encourages further buying.”
Listen at 50:10
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Falling asset pricesNegativeSep 19, 2026· Top Traders Unplugged
Falling prices can trigger stops, margin calls, and forced selling.
“falling prices can trigger stops, margin calls and forced selling.”
Listen at 50:26
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Financial marketsNeutralSep 19, 2026· Top Traders Unplugged
Financial markets need not immediately return to equilibrium.
“a market need not return immediately to equilibrium.”
Listen at 50:51
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan
on Financial-market movementsNeutralSep 19, 2026· Top Traders Unplugged
Market movements can persist far beyond their original cause.
“the process can extend far beyond its original cause.”
Listen at 50:58
Open the episode · SI418: Why Markets Are More Alive Than We Think ft. Richard Brennan

Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.