Ep. 214: Trend Following Winners, Daniel Kahneman, and Tina Turner with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Prediction and Forecasting
I got an email recently from a guy, very upset about my interview with Daniel Kahneman. These are legitimate thoughts and concerns. I'm not just being a grape today. It's the outlier move. Look at those numbers and say, shit, these means something. You can't just ignore them. Is your trading strategy prepared to take advantage of an outlier move? Were you just long equities with your fingers crossed, praying and hoping that the Fed takes care of you?
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