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Ep. 330: Nigol Koulajian Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Pros and Cons of Non-Correlation in the CTA Space

The rolling sharp ratio of the S&P is now over two. The closest has been to this was in 1999, before the 50% or even more drop in NANDAC. Even CTA investors are saying, we don't mind if our CTA has given us equity returns to embellish themselves. Although they know that this is only a superficial embellishment and there's no value in portfolio.

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