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Ep. 355: Ed Seykota Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Puzzle Aspect of the Gavapoli Model

The puzzle aspect of what I did in the markets or what I did with the Gavapoli book, it's driven me is I want to understand how it works. How can you get something that's mechanical that can make money for nothing without doing any work? How can that be? And so I kind of got attracted to looking at it. It's nice to make money, but I think I wouldn't have done it in the first place and be figured out some other way of making money. But the puzzle, the puzzle is what got me. Why does this guy don't you?"

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