SI400: When Crisis Alpha Hides in Plain Sight ft. Yoav Git & Rob Croce

About this episode

The episode features a discussion on trend following and portfolio strategies with Yoav Git and Rob Croce from Fidelity Investments.

This week, we are joined by Yoav Git and Rob Croce from Fidelity Investments for a deep dive into trend following, portfolio construction and execution in modern markets. The conversation explores why crisis alpha may come more from beta timing than market selection, the logic behind betting against beta, and how quantitative investors think about diversification, carry and relative value strategies. Along the way, the trio discuss Japan’s rising bond yields, momentum investing, execution risk during crises and even how ChatGPT helped solve a 60-year-old mathematical problem. This is a technical but highly practical discussion about how systematic investors build robust portfolios in a changing macro environment. ----- 50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - 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…

People in this episode

Host: Niels Kaastrup-Larsen

Guests: Yoav Git, Rob Croce

Topics covered

• trend following
• portfolio construction
• crisis alpha
• quantitative investing
• execution risk
• macro environment

Keywords

• crisis alpha
• beta timing
• momentum investing
• diversification
• execution risk
• relative value strategies

Mentioned in this episode

Organizations: Fidelity Investments

Books & works: 50 YEARS OF TREND FOLLOWING, Ten Reasons to Add Trend Following to Your Portfolio

Places: Japan

More episodes of Top Traders Unplugged

• SI404: When Trend Following Meets Equities ft. Eric Crittenden & Andrew Beer · June 13, 2026 · 1h 8m
• UGO12: Why the Next Financial Crisis Could Change America Forever ft. Danielle DiMartino Booth · June 10, 2026 · 54 min
• SI403: Trend Following in an Era of Geopolitical Risk ft. Marat Molyboga & Katy Kaminski · June 6, 2026 · 1h 24m
• ALO35: Why Macro Investing Is Becoming More Systematic ft. George Patterson · June 3, 2026 · 1h 2m
• SI402: Why Markets Can’t Stop Trending ft. Richard Brennan · May 30, 2026 · 1h 31m
• IL49: The Space Economy Is No Longer Science Fiction ft. Rainer Zitelmann · May 27, 2026 · 1h 1m