All Traders
Portrait of Bruce Kovner

1945-present

Bruce Kovner

The Strategic Macro Trader

Macro trading rooted in deep fundamental analysis and understanding of geopolitical dynamics. Kovner applies academic rigor to trading while remaining flexible in execution.

Trading Strategy

Global macro focusing on currencies and fixed income. Combines fundamental research with technical analysis for entry/exit timing. Manages risk through position sizing and diversification.

Key Principles

  • Undertake massive research to build conviction
  • The best traders are intellectually curious and humble
  • Risk management is the most important thing
  • You have to be willing to make mistakes
  • Position sizing is the key to survival