Ep. 625: Quick to Condemn and Attack with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Power of Belief
Are you in cognitive dissonance about whatever issue it might be? Politics, cryptocurrencies, current US stock market. Your belief set. What's your belief set based on? Have you given your belief set a back test, so to speak? That's the great thing again about trend following. They are smart enough regardless of different political persuasions. For their most important decisions, they say, we can't predict anything. And then the political stuff, that becomes kind of second fiddle.That becomes something you believe in, but that's not how you invest your money.
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