John Netto’s Macro Mastery: How a Market Wizard Generated 42% Annual Returns for Over a Decade

In a market filled with uncertainty, John Netto is a beacon of clarity and precision. He’s not only featured in Jack Schwager’s Unknown Market Wizards but is also the creator of the renowned Netto Number and author of The Global Macro Edge. Netto’s performance speaks louder than words: he achieved an extraordinary 42% annual return, compounded over more than a decade, with a maximum drawdown of just 15%.

In his recent Words of Rizdom appearance, Netto revealed exactly how he managed such extraordinary returns—by understanding market regimes and maximising returns per unit of risk.

Here are 15 powerful trading lessons from Netto’s insightful interview that every trader should understand and apply.