Michael and Jack Schwager talk about his new venture Fund Seeder. Jack is the author of the Market Wizard series. His books have remained relevant over the past 25 years, and for many traders they are the best trading books on the shelves today. Michael and Jack talk about the structure of the Market Wizards books and how they evolved to interview style format. Michael thanks Jack for opening his mind on the direction he took the Trend Following Radio podcast.

Many of the traders Jack was able to interview, such as Bruce Kovner and Michael Marcus, never did another interview after “Market Wizards.” A lot of the secret to the book series success was the exclusivity of the interviews. Michael asks, “Of all the traders you have talked to, what trader impressed you the most?” Jack has a hard time, of course, narrowing it down to just one because there has been so many extraordinary people that he has interviewed. That being said, in terms of track records and sheer intellect, he would chose one. Jack was completely awed by his accomplishments and was surprised how great he was on a personal level.

There has been a strong trend over the years for money to go to bigger and bigger asset managers. It has become a safer thing to do, to put money with a larger manager. It isn’t performance driven, it is purely safety driven. Jack says that even if you have skill it is becoming exceedingly more difficult to gain new clients and get big. Jack’s new venture is focused on helping these start up traders. The firm helps connect investors as well as companies that may want to find new and upcoming traders. Jack elaborates on the match making process and how they present verified and unverified track records.

In this episode of Trend Following Radio:

• Trading legends
• Futures markets
• Equity markets
• Gaining clients as a new trader

In this interview with Chat With Traders, Jack discusses trading with Aaron Fifield.   As Aaron sums up:

“As I’m sure you already well aware, Jack Schwager has been involved with financial markets for many years, he’s the author of the acclaimed Market Wizards series and others, and he’s also the co-founder of FundSeeder.

During our talk, we go behind the scenes of the Market Wizards and Jack shares his experiences from conducting interviews with trading royalty and some of his most memorable moments.

Of course, I ask Jack to flesh out some of the great knowledge he’s learned from this—discussing; self-confidence, sacrifices, what separates a profitable trader from a super trader, and the issue with seeking comfort.

You’ll also hear an update on FundSeeder, as well as something you might be very interested to know, what trading books does Jack recommend to others?”

In this video interview, Jack Schwager discusses FundSeeder with Opalesque.

In this Opalesque TV interview, Jack Schwager, the bestselling author of the Market Wizards series introduces FundSeeder (Fundseeder.com), a free online platform designed to find undiscovered worldwide trading talent. The FundSeeder founders, which include CEO, Emanuel Balarie, COO James Bibbings, and CRO, Jack Schwager, created this solution so that all traders can have a centralized website where they can link their brokerage accounts to create daily, real time verified track records of their performance, and potentially attract capital from investors.

The FundSeeder partners were motivated to launch the website by a major limitation in the current investment world, with “the same small number of curators directing investor assets into the same, small number of super-large asset managers,” says Jack Schwager.

The current investment environment consequently overlooks a tremendous scope of other traders who have talent and can outperform larger asset managers, but do not have access to capital. FundSeeder offers a solution, whereby any trader in the world can link their brokerage account to the website, establish a verified track record, and gain access to numerous trading tools, such as a chart of their equity curve. In the future, the sister company of FundSeeder, FundSeeder Investments, will identify the top performing traders and look to allocate to them directly. The mission of the platform is to “democratize and globalize the asset management world”, and could potentially find the next generation of talented traders, including the next Market Wizards.

Learn About:

• FundSeeder: A free platform designed to find undiscovered worldwide trading talent
• How FundSeeder connects emerging traders with FundSeeder Investments and investment capital
• The benefits of tracking daily performance data, “where there’s nowhere to hide a trader’s risk”
• Every trader can benefit from the analytics, but how will the most talented traders get an allocation?
• The tools: metrics, technical analysis, equity curves, rolling indicator functions for multiple periods
• Unverified trader track records are still reviewed as possible candidates for capital allocations, but are not eligible for the “Leaderboard”
• How the FundSeeder model is different from Schwager’s earlier research for Wizards

Jack Schwager is a Co-founder and Chief Research Officer of FundSeeder, a firm that seeks to find undiscovered trading talent worldwide via its trader platform (FundSeeder.com) and to connect unknown successful traders with sources of investment capital through its sister company FundSeeder Investments. Mr. Schwager is a recognized industry expert in futures and hedge funds and the author of a number of widely acclaimed financial books. Previously, Mr. Schwager was a partner in the Fortune Group (2001-2010), a London-based hedge fund advisory firm. His prior experience also includes 22 years as Director of Futures research for some of Wall Street’s leading firms, most recently Prudential Securities.

Mr. Schwager has written extensively on the futures industry and great traders in all financial markets. He is perhaps best known for his best-selling series of interviews with the greatest hedge fund managers of the last three decades: Market Wizards (1989), The New Market Wizards (1992), Stock Market Wizards (2001), Hedge Fund Market Wizards (2012), and The Little Book of Market Wizards (2014). His other books include Market Sense and Nonsense (2012), a compendium of investment misconceptions, and the three-volume series, Schwager on Futures, consisting of Fundamental Analysis (1995), Technical Analysis (1996), and Managed Trading (1996). He is also the author of Getting Started in Technical Analysis (1999), part of John Wiley’s popular Getting Started series.