Ep. 654: No Real Magic with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Letting Go
Anyone can be wrong about future market events, especially when trying to analyze a financially engineered landscape going back to Netscape's 1995 IPO. Trend following is not a provocative enough narrative for investors raised on crystal balls and disingenuous media selling ads for brokers. Believing in price alone will never be accepted by the masses; size of assets under management confirms that belief. Even if you have the right approach, you better have patience, too.
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Transcript
