Our guest this week is Chris Camillo, a unique and quite astonishing trader. Chris was recently featured in the Jack Schwager’s new book, ‘Unknown Market Wizards’. The title chapter for Chris’s interview was ‘Neither’, and it referred to Chris’s approach to trading, which didn’t make use of neither Fundamental Analysis nor Technical Analysis.
Chris uses a unique approach to trading which he calls Social Arbitrage. It could best be described as ‘Observational Awareness’. Chris is also a big fan of the work of Peter Lynch, one of the legends of investing and author of one of the most influential books on trading and investing, ‘One up on Wall Street. Like Lynch, Chris seeks to find the long shots from which can produce "tenbaggers", trades or investments that have strong growth potential compared to the initial investment. However, unlike Lynch, Chris doesn’t crawl through company financial data, investigate the make-up of the board, or find opportunities within company accounts, instead he looks for information from the social environment that detects change early and then connects that change to investable opportunities.
Chris has achieved incredible success in trading by searching out for new trends, without needing to carry out any fundamental analysis or technical analysis. He looks for information imbalances which find cheap value and exits when he gets what he considers ‘information parity’.
In this interview Chris shares his passion with us, and talks about the challenges of trading, the advantages of being a retail investor, his love of the treasure hunt, and his dislike for trading using standard practices. He also tells us about the company he bought and sold ‘Ticker Tag’, which he would use to analyse twitter data for social arbitrage opportunities and identifying new trends hidden within the conversations on Twitter.
We had a lot of fun with Chris on this great chat. As you will hear, Chris is full of passion for what he does in his work and in life in general. He also is involved increasingly in philanthropic causes and raising money for charity and plans to move his trading into a foundation to invest and make money for paediatric causes that are close to his heart.
You can find out more about Chris at the following resources:
Chris YouTube Channel
And their Twitter handle @DumbMoneyTV
Chris’s own Twitter handle is @chriscamillo
AlphaMind: Powering Performance in Global Markets
AlphaMind brings powerful change, growth and development to people and businesses within global markets.
Driven by a deep understanding of how markets work, and how people and businesses function within them, we partner with clients to create personal performance improvements that elevate returns across their trading activities.
Go to the AlphaMind website to know more.
#130 Simon Mundie: Champion Thinking: How to Find Success Without Losing Yourself
#129 Tom Hougaard: 'Knowing Where the Market Is Going Is Meaningless, If You Can't Act Upon It!'
#128 Louise Bedford: Winning The Trading Game
#127 Patrick Reid & Beat Nussbaumer: Unveiling the Journey of Trader Development
#126 Steve Miley: Technical Trading, Joining a Prop Firm, Achieving Prop Success
#125 Rajan Dhall: Great Trading Lessons from a Humble Trader
#124 Mohammad Ali: The Macro and The Micro of Trading, and so much more.
#123 Steven Goldstein: New Book - Mastering the Mental Game of Trading
#122 Mark Randall: Setting your Trading Edge for 2024
#121 Jason Shapiro: The Ultimate Contrarian Trader is Back
#120 Louisa Nicola: The Synergy of Fitness, Nutrition, Wellness, and Trading Mastery
#119 JTrader: What It Takes to Succeed in Trading
#118 Adam Birkett – Global Trading Lead Cargill OT: The Power of Non-Attachment
#117: Susquehanna's Todd Simkin: Great Traders Are Made, Not Born
#116 Jonny Matthews: Ex Hedge Fund Trader - Lessons From a Lifetime at Trading's Top-Table
#115 Robert Van Eyden: Badass Trader - How to Trade Your Way To Riches
#114: Maria Iliffe-Wood: Creating an Empowering 'State of Mind' for Success and Happiness
#113 What The Market Needs From You, So It Can Win, and How You Can Fight Back
#112 Applying Analysis in Trading: Insights from Former JP Morgan Trader Clive Ponsonby
#111 Reminiscences of a Day Trader with David Hale
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast